Belarize Industries IPO has opened on Wednesday to bid bid or subscription. That is, this IPO knocked in the Indian primary market. If you want, you can take advantage of the opportunity of earning in it. Belarize Industries will be open for IPO bid till 23 May 2025. The company has declared the value band of Bellarize Industries IPO ₹ 85 to ₹ 90 per equity shares. The company is carrying a target of raising Rs 2150 crore through this IPO.
What is GMP of Belarize Industries
According to the news, according to the stock market analyst, the shares of Bellarize Industries Limited are available at a premium of ₹ 4 per equity share in GMP i.e. GMP. The investor will have to invest at least ₹ 14,110 for a lot of 166 shares. By 10:18 am on the first day, the public issue was 0.03 times subscribed, the retail part of the public issue was booked 0.04 times, and the NII section was filled 0.05 times.
When will share allotment
The stock allocation is expected to be announced on 24 May 2025. If there is a delay due to Saturday on May 24, we can expect an announcement on 26 May 2025, ie Monday next week. Belarize Industries IPO Registrar, Link Inteime India Private Limited has been appointed as the official registrar of Book Build Issue. Axis Capital, HSBC Securities and Capital Markets, Jeffers India and SBI Capital Markets have been appointed as the lead managers of Book Build Issues. The book build issue is proposed to list on BSE and NSE, and the most likely date of share listing is 28 May 2025.
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