<ul><li>Belrise Industries will launch its IPO on May 21 at a price band of Rs 85-90 per share, aiming to raise Rs 2,150 crore.</li><li>Proceeds from the IPO will be used for repayment of borrowings and general corporate purposes.</li><li>Belrise Industries filed for IPO on Nov. 22, 2024, with promoters including Shrikant Shankar Badve, Supriya Shrikant Badve, and Sumesh Shrikant Badve.</li><li>The company is an automotive component manufacturer with a product portfolio covering various systems and reported revenue of Rs 7,484.2 crore in fiscal 2024.</li></ul>

Belrise Industries Sets Price Band For Rs 2,150-Crore IPO

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