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Behari Lal Engineering IPO

Behari Lal Engineering Limited

₹14,092/ 52 shares

Minimum investment

Behari Lal Engineering IPO Details

Bidding date

12 Aug - 14 Aug 2026

Price range

₹271 - ₹285

Minimum quantity

52

Minimum investment

₹14,092

Issue size

₹302 Cr.

IPO doc (link)

RHP docsExternal Link

Listing exchange

NSE/BSE

Behari Lal Engineering IPO Dates & Timeline

12 Aug, 2026
Opening date
14 Aug, 2026
Closing date
17 Aug, 2026
Basis of allotment
18 Aug, 2026
Initiation of refunds
18 Aug, 2026
Credit of shares
19 Aug, 2026
Listing date

IPO Objectives & Issue Structure

Total Issue Size:

302 Crore

Fresh Issue: 31% (₹93 Cr)

OFS: 69% (₹209 Cr)

Fresh Issue – ₹93 Crore

  • Purchase & installation of new equipment/machinery with civil work at Manufacturing Facility 1 - ₹19.59 Cr
  • Installation of rooftop solar panels at Manufacturing Facility 1 - ₹3.4 Cr
  • Purchase & installation of new equipment/machinery with civil work at Manufacturing Facility 2 - ₹36.65 Cr
  • Installation of rooftop solar panels at Manufacturing Facility 2 - ₹3.4 Cr
  • Repayment / prepayment of certain borrowings - ₹0.57 Cr

Offer for Sale – ₹209 Crore

  • Sale of shares by Existing Promoters and Investor Selling Shareholder (No proceeds will be received by the Company) - ₹208.62 Cr

Before Issue: 88.51%

Promoter Lock-in

After Issue: 65.43%

Shareholder Lock-in Schedule

Lock-in / Stabilization
Timeline
Promoters' Shareholding
1 Year from the Date of Allotment
Pre-IPO Share Capital (Non-Promoters)
6 Months from the Date of Allotment
Anchor Investors (50% Allocation)
30 Days from the Date of Allotment
Anchor Investors (Remaining 50%)
90 Days from the Date of Allotment

Note: Retail IPO investors have no lock-in and can sell shares from the listing day.

Behari Lal Engineering IPO Subscription Status

Category
Subscription
Qualified Institutional Buyers
165.33x
Retail Individual Investor
53.27x
Non-Institutional Investor
165.32x
Others
-
Total
108.52x

About Behari Lal Engineering IPO: Company Overview

Founded in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company engaged in manufacturing precision-engineered products for critical industrial applications. The company specializes in metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts/blocks, serving industries such as steel, mining, power, sugar, cement, and engineering.

The company operates two manufacturing facilities in Mandi Gobindgarh, Punjab, equipped with advanced manufacturing infrastructure. As of March 31, 2026, Behari Lal Engineering had served 1,825 domestic and international customers, including leading companies such as BMW Industries, Shyam Metalics & Energy, Jai Balaji Industries, Metso India, MSP Steel & Power, Laxcon Steels, Amba Shakti Industries, and Propel Industries. As of May 31, 2026, the company had an order book worth Rs. 178.57 Crore, providing healthy business visibility. The company has also delivered consistent financial growth, with revenue increasing by 6% and PAT rising by 22% in FY2026 compared to FY2025.

Strengths & Risks of Behari Lal Engineering IPO

Established Industry Presence: Behari Lal Engineering has been operating for over 30 years, establishing a strong reputation in the iron and steel engineering industry with long-standing customer relationships.

Diversified Product Portfolio: The company manufactures a wide range of engineering products, including metal rolls, engineering castings, alloy steel products, and forged components, reducing dependence on a single product category.

Strong Customer Base: It serves more than 1,825 domestic and international customers, including several well-known industrial companies across multiple sectors.

Healthy Order Book: As of May 31, 2026, the company had an order book of Rs. 178.57 Crore, providing good revenue visibility for the near term.

Modern Manufacturing Facilities: The company operates two strategically located manufacturing facilities in Punjab equipped with advanced machinery and is further expanding its production capabilities.

Behari Lal Engineering Financials: Revenue, Profit & EBITDA

546.52 Cr.

Mar'26

How to Apply for Behari Lal Engineering IPO: Step-by-Step Guide

  • Research the IPO:Review the prospectus and company details.
  • Open accounts:Ensure you have a demat and trading account.
  • Check dates:Note the IPO opening and closing dates.
  • Apply online:Log in to your brokerage account and complete the IPO application form.
  • Make payment:Pay through your linked bank account.
  • Submit application:Confirm and submit your application.
  • Track status:Monitor the allotment status and check for shares in your demat account upon listing.

Behari Lal Engineering IPO Market Sentiment: See How Many Are Interested

Yes
70%
No
19%
Not Sure
11%

Will you apply for Behari Lal Engineering IPO?

57 investors voted

FAQs: Behari Lal Engineering IPO

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