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Belrise IPO: Stock Delivery Stats On Listing Day Raises Eyebrows

An analysis of the shareholding shows that 73.01% of the company's shareholding is with the promoters and is locked.

<div class="paragraphs"><p>Belrise listing ceremony at NSE. (Photo Courtesy:&nbsp;Company)</p></div>
Belrise listing ceremony at NSE. (Photo Courtesy: Company)
The trading activity on newly listed Belrise Industries calls for close scrutiny of trades on the listing day. The IPO of the two-wheeler auto components company closed the day 8.23% higher at the end of the listing day. Auto component major, Belrise Industries, listed on the stock exchanges on Wednesday, May 28, 2025. The company raised Rs 2,150 crore via fresh issue that closed on Friday May 23, 2025 and was subscribed 43.74 times....
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