Day: May 24, 2025

BSE Ltd share price crashed 66.6 per cent in trade on Friday, May 23, 2025, logging an intraday low at ₹2,335 per share on NSE from previous day’s close at ₹6,996.5 per share. BSE’s stock fell on its ex-bonus date. 

After the bonus shares issued to shareholders reflected in trading, at 10 AM, BSE shares were up 1.14 per cent at ₹2,359 per share on the NSE. In comparison, the NSE Nifty50 was up 0.75 per cent at 24,795.45. The market capitalisation of the company stood at ₹95,805.85 crore. The 52-week high of the stock was at ₹2,529.33 per share and the 52-week low of the stock was at ₹705 per share. 

What is the ex-bonus date? 

The ex-bonus date is the cut-off date for investors to be eligible to receive bonus shares issued by a company.

BSE bonus record date 

The stock exchange announced to give its investors bonus shares on March 30, 2025, in the 2:1 ratio which implies two equity shares of ₹2 each for every one full paid-up equity share of ₹2 each. 

On May 12, 2025, BSE declared Friday, May 23, 2025, as the record date for its bonus issue.  

“We wish to inform that the company has fixed Friday, May 23, 2025, as the Record Date for determining the eligibility of shareholders for issuance of bonus shares,” the filing read.

BSE bonus history 

This will be the second time the company has given bonus shares after March 2022, according to the corporate action data compiled by NSE. 

What are bonus shares? 

Bonus shares are free additional shares given by a company to its existing shareholders, based on the number of shares they already own. 

They are a way for companies to reward shareholders by giving additional free shares.

About BSE

BSE is an Indian stock exchange headquartered in Mumbai. It is known for its benchmark index, the Sensex, which tracks the performance of 30 leading companies across key sectors of the economy. It offers trading in various instruments, including equities, derivatives, debt instruments, mutual funds, and SMEs. 

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The three-day subscription window to bid for the initial public offering (IPO) of Belrise Industries is set to close today, May 23, 2025. The public offering has received a decent response from investors so far. BSE data showed that the ₹2,150 crore offering of Belrise Industries received bids for 98,48,75,510 shares against 17,70,58,824 shares on offer, resulting in an oversubscription of 5.56 times by 11:36 AM on Friday, May 23. 

Among the investor categories, Non-institutional investors (NIIs) led the demand by oversubscribing the category reserved for them by 10.40 times. This was followed by retail investors, who bid for 2.35 times, and Qualified institutional buyers (QIBs), who bid for 0.80 times.

Belrise Industries IPO details

Belrise Industries IPO is a book-built issue, which comprises an entirely fresh issue of equity shares, with no offer-for-sale (OFS) component. The company has set the price band at ₹85–90 per share, and the lot size at 166 shares. 

To bid for one lot or 166 shares of Belrise Industries IPO, a retail investor would require a minimum of ₹14,940, taking the upper end of the IPO price into consideration. A retail investor can bid for a maximum of 13 lots or 2,158 shares, with an investment amount of ₹1,94,220.

Belrise Industries IPO grey market premium (GMP)

The unlisted shares of Belrise Industries continued to command a decent premium in the grey market on the last day of the subscription period. Sources tracking unofficial market activities revealed that Belrise Industries shares were seen trading at around ₹113 per share, reflecting a grey market premium (GMP) of ₹23 or 25.56 per cent over the upper end of the issue price.

Belrise Industries IPO review

Belrise Industries has also received favourable reviews from brokerages including Choice Broking (Subscribe), ICICI Securities (Subscribe), and Anand Rathi Research Team (Subscribe for long-term).

Belrise Industries IPO allotment date, listing date

As the public offering closes for subscription today, the basis of allotment of Belrise Industries shares is likely to take place on Monday, May 26, 2025. The company’s shares will be credited into demat accounts on Tuesday, May 27, 2025. 

Belrise Industries shares are slated to make their debut on D-Street with a tentative listing on the BSE and NSE on Wednesday, May 28, 2025.

Belrise Industries IPO objective

Belrise Industries intends to use the net proceeds from the IPO to repay or prepay, in full or in part, certain outstanding borrowings. A portion of the funds will also be allocated for general corporate purposes.

Belrise Industries IPO registrar. lead managers

MUFG InTime India (formerly Link InTime India) is the registrar for the IPO. The book-running lead managers for the offering are Axis Capital, HSBC Securities and Capital Markets (India), Jefferies India, and SBI Capital Markets.

About Belrise Industries

Belrise Industries is an Indian automotive component manufacturer, specialising in safety-critical and precision-engineered parts for two-, three-, and four-wheelers, as well as commercial and agricultural vehicles. In FY24, the company held a 24 per cent market share in the two-wheeler metal components segment. Its broad product range includes chassis systems, polymer and suspension components, BIW (body-in-white) structures, and exhaust systems for both electric and internal combustion engine vehicles.

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Shares of Infosys, ITC, Lloyds Metals and Energy, Angel One, and 16 other companies are set to remain in spotlight during the next week’s trading session from Monday, May 26, 2025 – Friday, May 30, 2025 following their announcement of dividend rewards for their shareholders. The other companies to feature in the list include, Archean Chemical Industries, Black Rose Industries, Pearl Global Industries, Man Infraconstruction, L&T Finance, Trident, Colgate Palmolive (India), Kennametal India, Tata Consumer Products, Bajaj Finance, Caplin Point Laboratories, GlaxoSmithKline Pharmaceuticals, Meghna Infracon Infrastructure, Ponni Sugars (Erode), UNO Minda and Vimta Labs. 

According to the data available on the BSE, shares of these companies are set to trade ex-dividend during the next week. The ex-date refers to the day a stock begins trading without entitlement to the dividend, meaning investors must own the stock before this date to receive the payout. The companies, however, finalise the eligible shareholders based on their records as of the record date.

Among all the featured companies list, Bajaj Finance has announced a higher reward with announcement to pay a final dividend of ₹ 44 per share to its shareholders. The company has set the record date on May 30, 2025 to ascertain the shareholder’s participation in the said corporate action. This is followed by GlaxoSmithKline Pharmaceuticals, which has announced to pay a final dividend of ₹ 42 per share to its shareholders. The company has set the record date on May 30 for this dividend payout.

Meanwhile, IT giant Infosys will pay a final dividend of ₹ 22 per share to its shareholders. The company has also set the record date on May 30 to ascertain the shareholder’s participation in the said corporate action.

That said, here is the complete list of stocks that will trade ex-dividend next week along with their key details:

Company	Ex-date	Purpose	Record date
Archean Chemical Industries	May 26,2025	Final Dividend – ₹ 3	May 26,2025
Black Rose Industries	May 26,2025	Dividend – ₹ 0.50	May 26,2025
Lloyds Metals and Energy	May 26,2025	Final Dividend – ₹ 1	May 26,2025
Pearl Global Industries	May 26,2025	Interim Dividend – ₹ 6.50	May 26,2025
Man Infraconstruction	May 27,2025	Interim Dividend – ₹ 0.45	May 27,2025
L&T Finance	May 27,2025	Final Dividend – ₹ 2.75	May 27,2025
Trident	May 27,2025	Interim Dividend – ₹ 0.50	May 27,2025
Colgate Palmolive (India)	May 28,2025	Interim Dividend – ₹ 27	May 28,2025
ITC	May 28,2025	Final Dividend – ₹ 7.85	May 28,2025
Kennametal India	May 28,2025	Interim Dividend – ₹ 40	May 28,2025
Tata Consumer Products	May 29,2025	Dividend – ₹ 8.25	May 29,2025
Angel One	May 30,2025	Final Dividend – ₹ 26	May 30,2025
Bajaj Finance	May 30,2025	Final Dividend – ₹ 44	May 30,2025
Caplin Point Laboratories	May 30,2025	Interim Dividend – ₹ 3	May 30,2025
GlaxoSmithKline Pharmaceuticals	May 30,2025	Final Dividend – ₹ 42	May 30,2025
Infosys	May 30,2025	Final Dividend – ₹ 22	May 30,2025
Meghna Infracon Infrastructure	May 30,2025	Interim Dividend – ₹ 0.10	May 30,2025
Ponni Sugars (Erode)	May 30,2025	Final Dividend – ₹ 3	May 30,2025
UNO Minda	May 30,2025	Final Dividend – ₹ 1.50	May 30,2025
Vimta Labs	May 30,2025	Dividend – ₹ 2	May 30,2025

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