FCC

Belrise Lists with Over Eleven Per Cent Market Premium

2025-05-28

Shares of Belrise Industries Ltd, a manufacturer of automotive components, made a robust stock market debut on Wednesday. The company’s shares were listed at a premium of over eleven per cent compared to the issue price of Rs 90.

On the Bombay Stock Exchange (BSE), the stock opened at Rs 98.50, reflecting a 9.44 per cent gain from its issue price. It continued its upward momentum, reaching Rs 103.20 during the trading session, registering an intraday rise of 14.66 per cent.

At the National Stock Exchange (NSE), Belrise shares began trading at Rs 100, translating to a premium of 11.11 per cent.

The listing highlights strong investor interest in the company’s public offering and its presence in the automotive components segment.