Belrise Industries shares list at 11% premium on NSE

Belrise Industries Ltd shares debuted strongly on Wednesday, opening at a premium of over 11% at Rs 100 on the NSE against the issue price of Rs 90. The IPO witnessed substantial interest, especially from institutional investors, and was oversubscribed 41.30 times. The Rs 2,150-crore share sale was offered within a price range of Rs 85-90 per share.