Mumbai, May 28 -- The scrip was listed at Rs 98.50, exhibiting a premium of 9.44% to the issue price.
So far, the stock has hit a high of 103.20 and a low of 91.36. On the BSE, over 83.26 lakh shares of the company were traded in the counter so far.
The initial public offer of Belrise Industries was subscribed 41.30 times. The issue opened for bidding on 21 May 2025 and it closed on 23 May 2025. The price band of the IPO is fixed between Rs 85 and 90 per share.
The promoters and promoter group hold an aggregate of 64,972,6304 equity shares, aggregating to 99.81% of the pre-offer issued and paid-up equity share capital. Their post-IPO shareholding is expected to be around 73.01%.
The objectives of the fresh issue included Rs 1,618.12 cro...