Belrise Industries IPO

Incorporated in 1988, Belrise Industries Limited manufactures Automotive Sheet Metal and casting parts, Polymer components, Suspension, and mirror systems specifically for Two-Wheel, Three-Wheel, and Four-Wheel Passenger and Commercial vehicles. The company is an automotive component manufacturing company in India offering a diverse range of safety critical systems. Belrise Industries is a manufacturing company in India that offers a diverse range of safety-critical systems and other engineering solutions for two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles. The company's product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems. The company's customers include Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra. As of June 30, 2024, the company services a total of 27 OEMs globally. The company have established 15 manufacturing facilities across nine cities in eight states, as of June 30, 2024. Competitive Strength: Distinguished market leader in the high-growth field of precision sheet metal pressing and fabrication within a large and growing automotive component industry. enabled, innovation-driven development and process engineering capabilities. Vertically integrated manufacturing facilities offering a diverse range of products. Longstanding customer relationships are developed through years of collaboration and value addition. Largely EV- agnostic product portfolio, strategically positioned to scale in tandem with burgeoning electric vehicle market in India. Experienced promoters and management team.

The Company Belrise Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (in Millions) 1 Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and 16,181.27 2 General corporate purposes

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