Belrise Industries

Belrise Industries has attracted a significant capital infusion from SBI Mutual Fund and global asset management giant BlackRock, underscoring rising investor confidence in India’s manufacturing and automotive components ecosystem. The investment highlights strong institutional appetite for companies aligned with domestic manufacturing, supply-chain localization, and long-term industrial growth. While financial terms were not publicly disclosed, the transaction is viewed as a strategic endorsement of Belrise’s business model, operational scale, and growth prospects.

Belrise Industries Ltd., a prominent auto components manufacturer, has captured market attention with its recent stock performance, driven by strong financial results, strategic collaborations, and expansion into emerging technologies. The company, formerly known as Badve Engineering, has established itself as a critical player in supplying parts to both two-wheeler and four-wheeler manufacturers.

Belrise Industries, a prominent player in the automotive components sector, is witnessing strong investor demand for its Rs 2,150 crore initial public offering. By the second day of bidding, the IPO was subscribed 2.88 times, buoyed by significant interest from non-institutional and retail investors. With no offer-for-sale component, the issue is entirely a fresh equity raise aimed primarily at reducing the company's sizeable debt burden. Belrise, known for supplying critical components to global automotive OEMs, has garnered Rs 645 crore from anchor investors.

Belrise Industries, a prominent Indian automotive components manufacturer, has announced a Rs. 2,150 crore Initial Public Offering (IPO), aiming to reduce its debt burden and strengthen its financial position. The issue, priced between Rs. 85 and Rs. 90 per equity share, will be open to public subscription from May 21 to May 23, with anchor investor bidding commencing on May 20. Unlike many IPOs in recent months, this offering comprises solely a fresh issue of shares, underscoring the company’s intent to raise new capital rather than facilitate promoter exits.

Auto component manufacturer Belrise Industries, on the cusp of its Rs. 2,150 crore initial public offering (IPO), has made a decisive move to expand its footprint in the Indian automotive market by acquiring the Indian arm of Japanese conglomerate H-One Co. This strategic acquisition enhances Belrise’s design and manufacturing capabilities in chassis systems and body-in-white (BIW) parts, while positioning it as a key supplier to both Indian and Japanese automotive original equipment manufacturers (OEMs).