In today’s briefing:
- Belrise Industries IPO: Strategic OEM Partner, Deleveraging Move Faces Structural Headwinds
Belrise Industries IPO: Strategic OEM Partner, Deleveraging Move Faces Structural Headwinds
- Belrise Industries, founded by the Badve family, is a leading auto component maker launching its Rs2,150 crore IPO from May 21–23, 2025, at a price band of Rs85–90.
- It supplies key chassis and metal parts to top OEMs like Bajaj Auto, Hero MotoCorp, and HMSI, playing a critical role across ICE and EV platforms.
- While most proceeds are earmarked for debt repayment, high working capital needs suggest leverage could rebuild as the business scales.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
