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Industrial Belio Opens today: Check GMP, band and other details here
IPO News Belierser:Application required in the Auto (APO)
IPO ISPO Details:
- Size: 166 shares (retail), 2,324 shares (SNII), 11,122 shares (BNII)
- Minimum investment: 14,110 to 14,940 rupees for retail investors
- Anchor investment
IPO subscription (day 1 early trend):
- Retail: 0.11x
- NII: 0.14x
- QIB: No charge for any time
- Date Share: May 26th (intent)
- Registration date: May 28 (Tentative)
- GMP: Rs 10, Displays the expected list of Rs 100
Company Overview:
Interesting industry, previously called Engineering Engineering, producing a car system with 15 factory systems, including 7 plants in Maharashtra. Company provides a high-class car customers, its top 10 clients cover more than 50% of the income.
Go by prospectus, the company intentionally uses the procedure 1.618 crore for debt payments. The company has a loan near Rs 2,600 crore in its book in December 2024.
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