The allotment date for the Belrise Industries IPO is today, May 26, 2025. The IPO opened for subscription on May 21 and closed on May 23. Investors who applied for the IPO can now check their allotment status online through the official websites of BSE and NSE, as well as the IPO registrar, MUFG Intime India Private Limited (Link Intime India). The company will credit the equity shares into the demat accounts of successful applicants on May 27 and refunds will be issued to unsuccessful bidders on the same day. The shares of Belrise Industries are scheduled to be listed on both the BSE and NSE on May 28.

How to Check Allotment Status Online:

Applicants can check their Belrise Industries IPO allotment status through the following methods:

1. MUFG Intime India Private Limited (Link Intime India):

   • Visit the website of Link Intime India, the IPO registrar.
   • Select "Belrise Industries IPO" from the dropdown menu.
   • Enter your PAN number, application number, or DP Client ID.
   • Click on the "Search" button to view your allotment status.

2. BSE:

   • Visit the BSE website.
   • Under the "Investors" section, click on "Check IPO Allotment Status."
   • Select "Equity" as the issue type.
   • Enter "Belrise Industries" as the issue name.
   • Enter your application number and PAN number.
   • Click on the "Search" button to view your allotment status.

3. NSE:

   • Visit the NSE website.
   • Register/Login to the NSE website
   • Click on "Check IPO Allotment Status."
   • Select "Belrise Industries" as the issue name.
   • Enter your application number and PAN number.
   • Click on the "Search" button to view your allotment status.

Grey Market Premium (GMP):

The grey market premium (GMP) for Belrise Industries IPO has been showing a bullish trend. Today, May 26, 2025, the GMP is ₹28 per share. This suggests that in the grey market, Belrise Industries shares are trading at a premium of ₹28 over their issue price of ₹90. Considering the current GMP, the estimated listing price of Belrise Industries shares would be ₹118 apiece, which is a 31% premium over the IPO price. However, it's important to note that the grey market is an unregulated market, and GMP is not always a reliable indicator of listing day performance.

Subscription Status:

The Belrise Industries IPO was subscribed 41.30 times in total. The IPO received strong interest from all categories of investors:

• Retail Investors: 4.27 times
• Non-Institutional Investors (NII): 38.33 times
• Qualified Institutional Buyers (QIB): 108.35 times

The strong subscription numbers indicate positive investor sentiment towards the company.

IPO Details:

• IPO Size: ₹2,150 crore
• Issue Type: Fresh issue of 23.89 crore shares
• Price Band: ₹90 per share
• Listing Date: May 28, 2025
• Listing Exchanges: BSE and NSE
• Book Running Lead Managers: Axis Capital, HSBC Securities & Capital Markets, Jefferies India, SBI Capital Markets
• Registrar: MUFG Intime India (Link Intime)

Utilisation of IPO Proceeds:

Belrise Industries plans to use ₹1,618 crore from the IPO proceeds to repay certain borrowings, aiming to reduce interest costs and improve its balance sheet. The remaining funds will be used for general corporate purposes.