Key Quantitative Figures
- Total Equity Shares Allocated: 7,72,72,727 equity shares of face value ₹5 each
- Issue Price: ₹220.00 per equity share (including premium of ₹215.00 per share)
- Discount to Floor Price: 4.68% discount to the floor price of ₹230.79 per share
- Total Issue Size: Approximately ₹1,700 crore (7,72,72,727 shares × ₹220)
Dates of Action
- QIP Committee Meeting Date: July 17, 2026
- Meeting Timing: Commenced at 08:20 PM, concluded at 08:40 PM
- Issue Closure Date: July 17, 2026
- Placement Document Date: July 17, 2026
- Exchange Filing Date: July 17, 2026
Parties Involved
- Regulatory Bodies: BSE Limited, National Stock Exchange of India Limited
- Counterparties: Eligible qualified institutional buyers (QIBs)
Document Availability
- Placement document dated July 17, 2026 available on company website: https://belriseindustries.com
- Document also available on BSE and NSE websites
- Submission available under "Investor Relations" section of company website
Committee Approvals
The QIP Committee approved:
1. Closure of the QIP issue on July 17, 2026
2. Allocation of 7,72,72,727 equity shares at ₹220 per share
3. Adoption of placement document dated July 17, 2026
4. Finalization of allocation note to eligible QIBs
5. Issuance of refund intimation letters to entitled bidders
Scrip Details
- BSE Scrip Code: 544405
- NSE Symbol: BELRISE