Belrise Industries has successfully completed its Qualified Institutions Placement (QIP), allotting 7,72,72,727 new equity shares to eligible institutional buyers at ₹220.00 per share.

This strategic capital raise generated ₹1,700 Crore for the company.

Following this allotment, the paid-up equity share capital increased from ₹444.94 Crore to ₹483.58 Crore, reflecting a significant expansion of its equity base.

This move strengthens the company's financial position and provides resources for future growth initiatives.

Key institutional investors received substantial allocations, demonstrating strong market confidence.