Whalesbook
Belrise Industries has seen significant investor interest following its recent IPO, raising ₹2,150 crore primarily for debt repayment. The stock listed at a premium and has since surged 60%. The company operates a powertrain-agnostic business model, manufacturing critical safety systems for various vehicles, with sheet metal being a dominant segment. Key growth drivers include expanding into the 4-wheeler segment via acquisition, increasing content per vehicle, and diversifying into defence and renewables. Despite strong growth and positive brokerage outlooks, Belrise trades at a discount to its peers, fueling debate on its future re-rating potential.