Initial public offering of 238,888,888* equity shares of face value of Rs. 5/- each ("Equity Shares") of Belrise Industries Limited (the "Company" or the "Issuer") for cash at a price of Rs. 90/- per equity share (Including a Share Premium of Rs. 85/- per Equity Share) ("Issue Price") aggregating to Rs. 2150.00 crores* ("Issue") and the issue being 26.85% of the post-issue paid up equity share capital of the company.
* Subject to finalization of basis of allotment.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-May-2025
23-May-2025
₹ 90.00
₹ 0.00
Minimum Application for shares in Nos : 166.0
Further Multiples of : 166.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
2,028.61
Axis Capital Ltd
Project Financed through Current Offer
2,150.00
Post Issue Equity Share Capital
444.94
Issue Price
₹90.00
Projects
Repayment/pre-payment in full or in part of certain outstanding borrowings availed by the company