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Belrise Industries Ltd
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badve_agd@sacharnet.in Website:www.belriseindustries.com
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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.
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Belrise Industries Ltd
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Rs Cr |
Lead Managers to the Issue |
| 2028.61 |
| HSBC Securities & Capital Markets (India) Pvt Ltd |
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| 2150.00 |
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| 444.94 |
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| Rs.
90.00
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| Projects |
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Repayment/pre-payment in full or in part of certain outstanding borrowings availed by the company
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General corporate purposes
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| Shrikant Shankkar Badve |
| Supriya Shrikant Badve |
| Sumedh Shrikant Badve |
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