tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Belrise Industries Confirms Proper Utilization of IPO Funds

Story Highlights
Belrise Industries Confirms Proper Utilization of IPO Funds

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Belrise Industries Limited ( (IN:BELRISE) ) has shared an update.

Belrise Industries Limited has submitted a statement regarding the utilization of funds raised through its Initial Public Offering (IPO) for the quarter ending June 30, 2025, as per Regulation 32 of the SEBI Listing Regulations. The company raised Rs. 21,500 million through the IPO, with no deviations or variations in the use of these funds as confirmed by the Audit Committee and Crisil Rating Limited, the monitoring agency.

More about Belrise Industries Limited

Average Trading Volume: 1,635,878

For an in-depth examination of BELRISE stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1