Belrise Industries Attracts Strong Anchor Interest Ahead Of Its IPO, Over 7 Crore Shares Subscribed At ₹90 Each

Belrise Industries has allocated over 7 crore shares to anchor investors at ₹90 each, ahead of its IPO. This shows strong institutional interest and builds confidence for the company’s upcoming public issue.

Manoj Yadav Updated: Wednesday, May 21, 2025, 11:58 AM IST
Belrise Industries Attracts Strong Anchor Interest. |

Belrise Industries Attracts Strong Anchor Interest. |

Mumbai: Belrise Industries Limited has received a strong response from anchor investors for its public issue. As part of the Anchor Investors portion, a total of 7,16,66,665 equity shares were subscribed at a price of ₹90 per share. This important step was completed on May 20, 2025, and the company officially informed the stock exchange through a formal announcement.

Anchor investors are big institutional investors who invest in IPOs before the general public, giving confidence to other investors. The fact that Belrise Industries was able to secure such a large number of shares from these investors shows that there is strong trust in the company’s future and its business potential.

The announcement included a letter from Belrise Industries, confirming the allocation details. This is a positive sign ahead of the company’s public issue, as it reflects solid backing from key market players.

The equity segment of the stock exchange has taken note of this allocation. With this successful anchor investor round, Belrise Industries is one step closer to launching its full public offering.

Published on: Wednesday, May 21, 2025, 10:34 AM IST

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