Belrise Industries IPO

● The company is one of the leading players in India's 2-wheeler metal components sector, holding a 24% market share as of March 31, 2024. The market is expected to grow at an 11-13% CAGR over the next five years. ● The company can leverage advanced automation, robotics, IoT, and in-house engineering expertise across metal, polymer, and suspension systems to deliver high-precision, innovative automotive components.

● The company maintains longstanding relationships with 29 global OEMs, including Bajaj Auto, Honda, Tata Motors, and Jaguar Land Rover, supported by proximity-based manufacturing, multi-product supply capabilities, and reserved production lines. ● The company’s largely EV-agnostic portfolio accounted for 56% of FY24 revenue, with dedicated EV product revenue growing at a 24.6% CAGR and expanding across multiple OEM platforms. ● The company is led by experienced first-generation promoters and a professionally qualified management team with industry expertise and an average senior leadership tenure of eight years. ● There is potential to increase exports by supplying to multinational tier-1 suppliers and OEMs in Europe and North America. ● The growth in solar power capacity in India offers an opportunity to supply sheet metal parts for solar panels. ● The growing automotive components aftermarket provides an opportunity to expand product lines and distribution networks