Automotive component maker Belrise Industries files papers to raise Rs 2,150 crore via IPO

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Belrise Industries, an Indian automotive component manufacturer, has applied for an IPO with SEBI to raise Rs 2,150 crore. The company plans to use the funds to repay debt and may consider a pre-IPO placement of up to Rs 430 crore. Belrise Industries supplies components to major automotive companies globally and reported a revenue of Rs 7,484.24 crore in FY24.

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Automotive component maker Belrise Industries files papers to raise Rs 2,150 crore via IPO

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