Belrise Industries promoter entity may sell shares worth ₹900 crore in block deals; stock in focus

Shares of Belrise Industries Ltd. will be in focus on Tuesday, December 23, as a large block deal is expected in the stock.

Sources indicate that around 6.56% of the company's total equity, valued at ₹896.7 crore, is likely to change hands through block deals. The seller is Sumedh Tools Private Limited, which is part of the promoter group.

The offer floor price has been set at ₹153.70 per share, representing a discount of about 2.94% to the stock's last closing price.

Pune-based Belrise Industries, a key player in the auto components space, is optimistic about its growth outlook. The company expects its commercial vehicle revenue to double by FY27, led by expanding OEM partnerships and recent acquisitions.

Speaking earlier to CNBC-TV18, promoter Swastid Badve said commercial vehicles present a major opportunity for the company. He added that while commercial vehicle revenue currently forms a small portion of the overall business, it has already grown over 50% year-on-year in the first half of FY26.

Belrise currently works with five commercial vehicle OEMs and eight passenger vehicle OEMs.

Belrise Industries manufactures a wide range of safety-critical systems and engineering solutions for two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, and agri-vehicles. Its customer base includes Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra.

As per the September quarter shareholding pattern, promoters held a 73.01% stake in the company.

Belrise Industries shares ended Monday's session 2.65% lower at ₹158. The stock has rallied close to 76% from its IPO price.