Belrise Industries IPO Subscription Status
Belrise Industries IPO was subscribed 43.14 times when bidding closed on 23 May 2025: QIB 112.63x, NII 40.58x, Retail 4.52x.
The Belrise Industries IPO has been subscribed 43.1363x times overall. Retail investors have shown interest with bids for 4.5167x the shares available. The Non-Institutional Investor (NII) category has been subscribed 40.5846x. Within NII, Big HNI (B-HNI) subscribed 47.9983x and Small HNI (S-HNI) subscribed 25.7571x. Qualified Institutional Buyers (QIBs) have subscribed 112.634x. Data last updated on 10 Nov, 01:05 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 21 May, 2025 and closes on 23 May, 2025. The shares are expected to list on stock exchanges on 28 May, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 112.634x |
| NII | - of - - | 40.5846x |
bHNI — bid amount above ₹10 Lakh |
- - | 47.9983 |
sHNI — bid amount ₹2–10 Lakh |
- - | 25.7571 |
| Retail | - of - - | 4.5167x |
| TOTAL | - 20,66,782 applications - | 43.1363x |
Belrise Industries IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹90.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 30.81x subscribed | 20,66,782 | 5,19,270 | 1 out of 41 out of 4 |
Belrise Industries IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 22.1% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 112.634x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
23 May 2025
Day 3 |
43.1363x | ▼ | |
|
QIB112.634x
BHNI47.9983x
SHNI25.7571x
Retail4.5167x
|
|||
|
22 May 2025
Day 2 |
2.89x | ▼ | |
|
QIB0.69x
BHNI9.83x
SHNI7.21x
Retail1.54x
|
|||
|
21 May 2025
Day 1 |
0.67x | ▼ | |
|
QIB0.42x
BHNI1.49x
SHNI1.33x
Retail0.48x
|
|||
Belrise Industries IPO dates
From the bidding window to listing. Today is 10 November.
- Open 21 May 2025
- Close 23 May 2025
- Allotment 26 May 2025
- Refund/credit 27 May 2025
- Listing 28 May 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Belrise Industries IPO?
As of IPO close date (23 May, 2025), the Belrise Industries IPO is subscribed 43.1363x times. Retail category is 4.5167x, and NII is 40.5846x subscribed.
When is the allotment date for Belrise Industries IPO?
The allotment for Belrise Industries IPO is expected to be finalized on 26 May, 2025.
What is the GMP of Belrise Industries?
The Grey Market Premium (GMP) for Belrise Industries is currently ₹21, indicating a potential listing gain of 23%.
When will Belrise Industries IPO list on the stock market?
Belrise Industries is scheduled to list on BSE and NSE on 28 May, 2025.
What are the chances of getting allotment in Belrise Industries IPO?
The retail category is oversubscribed at 4.5167x, meaning allotment is by lottery. Statistically, approximately 1 in 5 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 112.634x mean for Belrise Industries IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 112.634x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Belrise Industries IPO allotment status?
After the allotment date (26 May, 2025), you can check your Belrise Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Belrise Industries IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
