Belrise Industries IPO Day 2 update: Subscription lags at 67%, GMP up 19%

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Belrise Industries IPO Day 2 update: Subscription lags at 67%, GMP up 19% - Business Standard

Quick Summary:

Belrise Industries IPO enters Day 2 with 67 per cent subscription.

The IPO's grey market premium (GMP) stands at ₹17 or 18.89 per cent.

Established in 1996, Belrise Industries is an Indian manufacturer of automotive components, specializing in safety-critical and precision-engineered solutions across vehicle segments, including two-, three-, and four-wheelers, commercial, and agricultural vehicles.