Upcoming IPOs in 2025: Belrise Industries, Paramesu Biotech get SEBI nod to float IPOs; check key things to know

Belrise Industries and Paramesu Biotech have received SEBI’s approval to raise funds through Initial Public Offerings (IPOs), an update by the market regulator showed on Tuesday. The companies are looking to raise a total of ₹2,750 crore through their IPOs. Belrise Industries, individually, is looking to raise ₹2,150 crore, while Paramesu Biotech is aiming at a ₹600-crore IPO.

The companies submitted preliminary IPO documents to the Securities and Exchange Board of India (SEBI) in November and the regulator shared its observations between February 25 and 28, the update showed. When SEBI issues its observations for an IPO, it means a go-ahead to float the public issue.

Belrise Industries IPO: Key things to know

• The ₹2,150-crore IPO of the automotive component maker Belrise Industries is an entirely fresh issue of equity shares with no offer for sale (OFS) component, according to the company’s Draft Red Herring Prospectus (DRHP).

• Belrise Industries plans to use ₹1,618 crore from the IPO proceeds to fund its debt repayment. The firm has a total borrowing of 2,463 crore in its books as of June 2024.

Paramesu Biotech IPO: Key things to know

• The ₹600-crore IPO of Paramesu Biotech, which manufactures maize-based products, is a combination of a fresh issue of shares worth ₹520 crore and an OFS component of ₹80 crore by its promoter Unimark Business Solutions Private Ltd, as per the company’s DRHP.

• The IPO proceeds to the tune of ₹330 crore will be used to fund the establishment of a new plant with a capacity of 1,200 TPD (tonnes per day) in Madhya Pradesh, while ₹85 crore will be used for payment of debt. Rest of the proceeds will be used for general corporate purposes.

IPO withdrawals amid a weak market

Two companies, SFC Environmental Technologies and Advanced Sys-tek, withdrew their DRHP (draft IPO papers) on February 27 without stating any reason. The companies filed their documents between December and February.

The withdrawals come amid a stock market crash seen in February 2025 with trade war fears looming over the global economy.

Indian equity benchmark indices today, March 4, fell for the 10th session straight as investors remained jittery amid new developments on the trade war and foreign fund outflows. The BSE SENSEX closed below ₹73,000 for the first time since June 2024.