IPO Schedule
1
Open
21 May
2
Close
23 May
3
Allotment
-
4
Listing
28 May
Belrise Industries IPO
Issue:₹90
List:₹97.41
CMP:₹185
NSELot: 166Mainboard
LISTEDMAINBOARD
Issue Price₹90
Listing₹97.41
Current₹185
Content
About Belrise Industries
Belrise Industries is an infrastructure development and construction company focused on undertaking large-scale projects across various sectors. They are involved in engineering, procurement, and construction (EPC) as well as project development.
Subscription Status
QIB
0.44x
NII
1.53x
Retail
0.52x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 112.63x | 0.73x | 0.44x |
| NII | 40.58x | 9.50x | 1.53x |
| Retail | 4.52x | 1.64x | 0.52x |
| Total | 43.14x | 3.06x | 0.71x |
Risk Factors
•Dependence on Government Projects: A significant portion of revenue may be derived from government projects, exposing the company to policy changes and payment delays.
•Competition: The infrastructure development sector is highly competitive.
•Execution Risks: Delays in project execution, cost overruns, and regulatory hurdles can impact profitability.