Belrise Industries Ltd - IPO

Belrise Industries Ltd IPO Details

Initial public offering of 238,888,888* equity shares of face value of Rs. 5/- each (Equity Shares) of Belrise Industries Limited (the Company or the Issuer) for cash at a price of Rs. 90/- per equity share (Including a Share Premium of Rs. 85/- per Equity Share) (Issue Price) aggregating to Rs. 2150.00 crores* (Issue) and the issue being 26.85% of the post-issue paid up equity share capital of the company.* Subject to finalization of basis of allotment.

Objective of issue

Repayment/pre-payment in full or in part of certain outstanding borrowings availed by the company. General corporate purposes.

Belrise Industries Ltd Contact Details

Belrise Industries Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - badve_agd@sacharnet.in