Behari Lal Engineering IPO Details Today: Date, Price, and Listing Date
Behari Lal Engineering IPO opened on August 12, 2026, with a price band of ₹271–₹285. Check the latest GMP, Day 1 subscription status, IPO dates, financial performance and peer comparison.
Behari Lal Engineering IPO: The ₹3,01.62 crore IPO will open for subscription between 12 August 2026 and 14 August 2026, with share allotment on 17 August 2026. The tentative listing date on the NSE and BSE is set for 19 August 2026.
Behari Lal Engineering IPO Details: Behari Lal Engineering was incorporated in 1995 and manufactures integrated steel and iron, along with specialising in customised engineering solutions. It is known to produce various precision-based engineering components for different critical applications like metal rolls, forging shafts and ingots, alloy steel products, and engineering castings.
The company is coming up with a ₹301.62 cr IPO, which will be a combination of a fresh issue and OFS. Here are the key details of the Behari Lal Engineering IPO.
Behari Lal Engineering IPO Details
The key details regarding the Behari Lal Engineering IPO that investors should be aware of are given below:
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Behari Lal Engineering IPO is worth ₹3,01.62 crore, including a fresh issue of ₹93 crore and an Offer for Sale (OFS) of ₹₹208.62 crore.
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The IPO will open for subscription on 12 August 2026 and close on 14 August 2026, with shares to be allotted on 17 August 2026. The company is most likely to be listed on NSE and BSE on 19 August 2026.
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The issue price for the Behari Lal Engineering IPO is set between ₹271 and ₹285 with a lot size of 52 shares.
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Emkay Global Financial Services is the book-running lead manager, and MUFG Intime India is the registrar.
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Promoters currently hold 88.51%, which will decline to 70.84% after listing.
|
Parameter |
Detail |
|---|---|
|
IPO Open Date |
12 August 2026 |
|
IPO Close Date |
14 August 2026 |
|
Expected Allotment Date |
17 August 2026 |
|
Expected Listing Date |
19 August 2026 (BSE & NSE) |
|
Price Band |
₹271 - ₹285 per share |
|
Lot Size |
52 shares |
|
Minimum Investment |
₹14,820 |
|
Fresh Issue |
₹93 crore |
|
Offer for Sale (OFS) |
₹209 crore |
|
Total Issue Size |
₹302 crore |
Behari Lal Engineering GMP Today
Behari Lal Engineering GMP as of today, 12th August 2026, stands at ₹72 per share, up 25.26% (as per investor gain) over the ₹285 upper end of the price band. The GMP figures change daily depending on the market sentiment and IPO demand.
GMP figures are for news purposes only. We do not offer trading advice or advice in the grey market.
Investors must note that the grey market premium is unofficial and unregulated by SEBI. GMP signifies unofficial market trends and shouldn’t be considered a reliable market indicator.
Behari Lal Engineering IPO Day 2 Subscription Status
Overall, Behari Lal Engineering IPO was subscribed 2.21 times on Day 1, as of 6:50 PM.
Overall, Behari Lal Engineering IPO was subscribed 5.54 times on Day 2, as of 1:17 PM.
|
Date |
QIB (Ex Anchor) |
NII |
Retail |
Total |
|---|---|---|---|---|
|
12 Aug (Day 1) |
0.98 |
2.14 |
2.74 |
2.21 |
|
13 Aug (Day 2) |
1.57 |
7.11 |
6.49 |
5.54 |
|
14 Aug (Day 3) |
upcoming |
upcoming |
upcoming |
upcoming |
Source: NSE, as of 13 Aug 2026, 1:17 PM
Behari Lal Engineering IPO Listing
Behari Lal Engineering shares debuted on the NSE at ₹465 on 19 August 2026, marking a 63.15% premium to the IPO’s upper price band of ₹285.
About Behari Lal Engineering
Behari Lal Engineering is known for producing steel and iron and specialising in providing engineering solutions. It offers different engineering solutions for critical industrial applications like forged shafts and ingots, engineering castings, metal rolls, and alloy steel products.
The company has been in existence for over two decades and is known for providing customised products catered to meet the different needs of its customers. Companies across different industries such as steel, mining, automobile, construction, and aerospace are known to use engineered products provided by Behari Lal Engineering.
Behari Lal Engineering IPO Reservation
For the Behari Lal Engineering IPO, 35% of the issue has been reserved for retail investors. The table below is the breakdown of share allocation across different investor categories:
|
Investor Category |
Shares Offered |
|---|---|
|
QIB Investors |
50% |
|
Retail Investors |
35% |
|
NII (HNI) Investors |
15% |
Behari Lal Engineering IPO Lot Size
Retail investors can apply for a minimum of 1 lot, under which they will be offered 52 shares costing ₹14,820. The maximum number of lots for which one can apply is 13, with 390 shares costing ₹1,92,660.
|
Application |
Lots |
Shares |
Amount (₹) |
|---|---|---|---|
|
Retail (Min) |
1 |
52 |
14,820 |
|
Retail (Max) |
13 |
676 |
1,92,660 |
|
S-HNI (Min) |
14 |
728 |
2,07,480 |
|
S-HNI (Max) |
67 |
3,484 |
9,92,940 |
|
B-HNI (Min) |
68 |
3,536 |
10,07,760 |
Behari Lal Engineering IPO Financial Performance
The company has grown its PAT over the past three years and maintained a healthy ROE of 23.78% and ROCE of 28.38% during the same period.
|
Period Ended |
31 Mar 2026 |
31 Mar 2025 |
31 March 2024 |
|---|---|---|---|
|
Revenue from operations (₹ Cr) |
534.03 |
507.91 |
446.08 |
|
Total Income (₹ Cr) |
546.52 |
516.30 |
449.96 |
|
EBITDA (₹ Cr) |
101.33 |
81.31 |
60.99 |
|
EBITDA Margin (%) |
18.97 |
16.01 |
13.67 |
|
PAT (₹ Cr) |
64.64 |
52.95 |
35.79 |
|
PAT Margin (%) |
12.10 |
10.43 |
8.02 |
|
ROE (%) |
23.60 |
24.31 |
22.83 |
|
ROCE (%) |
27.11 |
28.24 |
21.98 |
|
Net Debt/Equity |
0.06 |
0.03 |
0.21 |
Source: Behari Lal Engineering RHP
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Behari Lal Engineering IPO Peer Comparison from RHP
Behari Lal Engineering has a higher EPS compared to most of its peers. Having a higher peer is considered better. The table below shows the comparison with its peers.
|
Company |
EPS Diluted (₹) |
P/E (x) |
|---|---|---|
|
Behari Lal Engineering |
16.56 |
N/A |
|
Jayaswal Neco Industries |
4.77 |
18.48 |
|
AIA Engineering |
136.11 |
34.43 |
|
Steelcast |
8.58 |
37.99 |
|
RHI Magnesita India |
-18.54 |
N/A |
|
Vardhman Special Steel |
13.13 |
23.19 |
|
IFGL Refractories |
4.81 |
43.46 |
|
Kennametal India |
46.82 |
62.02 |
As of 31 March 2026
Conclusion
Behari Lal Engineering, after getting listed, will use the capital to meet its various objectives such as the purchase and installation of new machinery, the installation of new rooftop solar panels at its manufacturing facilities, and repayment of previous borrowings made.
The company overall has shown strong numbers and is likely to have a positive IPO. However, conduct your own due diligence and check all the details of the company before applying for the IPO.
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