Behari Lal Engineering IPO - GMP, Subscription, Price, Dates & Financial Details
Behari Lal Engineering IPO is set to open its Initial Public Offering (IPO) for subscription on August 12, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹301.62 Crore, comprising a fresh issue of 32.63 Lakh equity shares aggregating to ₹93.00 Crore and an offer for sale (OFS) of 73.20 Lakh equity shares aggregating to ₹208.62 Crore by the existing shareholders.
The Behari Lal Engineering IPO will open for subscription on August 12, 2026, and close on August 14, 2026. The basis of allotment is expected to be finalized on August 17, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 19, 2026.
The company has fixed the price band at ₹271 to ₹285 per share, with a lot size of 52 shares. Retail investors will require a minimum investment of ₹14,820 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited is the registrar to the issue. Emkay Global Financial Services Ltd, and Systematix Corporate Services Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Behari Lal Engineering IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 14, 2026.
- Price Band
- ₹ 271 – 285
- Lot Size
- 52
- Issue Size
- ₹301.62 Cr
- Minimum Investment
- ₹ 14,820 (52 Shares)
- Listing Date
- 19 August 2026
Current GMP
₹30 (+10.53%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Behari Lal Engineering Limited
Established in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company engaged in producing precision-engineered products and delivering customized engineering solutions for a wide range of industrial applications. The company caters to industries such as steel, mining, power, sugar, cement, and heavy engineering through its diversified product portfolio.
Product Portfolio
- Metal Rolls: Manufactures high-performance metal rolls in various grades, including alloy cast steel, alloy steel base adamite, graphitic steel, and S.G. iron pearlitic, primarily used in rolling mill applications.
- Engineering Castings: Produces engineering castings weighing from 500 kg to 20 metric tonnes, serving industries such as steel, iron, mining, aggregate crushers, power generation, and sugar manufacturing.
- Alloy Steel Products: Offers a broad range of carbon steel, alloy steel, and stainless steel bars in multiple sections, including rounds, flats, hexagonal bars, and round-corner squares. The products are available in sizes ranging from 6 mm to 230 mm, along with specialized tool steel and valve steel grades.
- Forging Ingots and Forged Components: Manufactures forging ingots and forged shafts/blocks that are used as raw materials for both open-die and closed-die forging applications across various engineering industries.
Customer Base
As of March 31, 2026, the company had served 1,825 domestic and international customers. Its diversified customer portfolio includes prominent companies such as Amba Shakti Industries, BMW Industries, Shyam Metallics and Energy, Laxcon Steels, MSP Steel & Power, Jai Balaji Industries, Propel Industries, and Metso India, among others.
Manufacturing Facilities
Behari Lal Engineering Ltd. operates two manufacturing units located in Mandi Gobindgarh, Punjab, a well-established steel manufacturing hub. These facilities are equipped to support the company's integrated production processes and meet the requirements of customers across multiple industrial sectors.
Order Book
As of May 31, 2026, the company had an order book valued at approximately ₹1,785.69 million, providing strong revenue visibility and reflecting sustained demand for its engineering and steel products.
Behari Lal Engineering IPO Promoters
- Parkash Chand Garg
- Rajesh Garg
- Dinesh Garg
- Lovlish Garg
- Bhuvnesh Garg
Promoters Holding
Holding Pre Issue
88.51%
Holding Post Issue
0.00%
Behari Lal Engineering IPO Objective
The Company Behari Lal Engineering IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirement for: purchase and installation of new equipment / machinery (including computers, printers and computer peripherals) along with civil work for such installation at Manufacturing Facility 1
- purchase and installation of new roof-top solar panels at Manufacturing Facility 1
- purchase and installation of new equipment / machinery along with civil work for such installation at Manufacturing Facility 2
- purchase and installation of new roof-top solar panels at Manufacturing Facility 2
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
- General corporate purposes
Behari Lal Engineering Limited Address / Contact Details
Behari Lal Engineering Ltd.
Village Salani
Amloh Road
Mandi Gobindgarh
Fatehgarh Sahib, Punjab, 147301
Phone: +91 17655 20694
Email: cs@beharilalgroup.co
Website: http://www.beharilalengineer/
IPO Snapshot
Book Running Lead Managers
- Emkay Global Financial Services Ltd
- Systematix Corporate Services Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Behari Lal Engineering IPO?
Behari Lal Engineering IPO is a Book-building IPO with a total issue size of ₹301.62 crore. The Behari Lal Engineering IPO price band is ₹271 to 285 per share. The Behari Lal Engineering IPO subscription opens on Wed, Aug 12, 2026, and closes on Fri, Aug 14, 2026. The Behari Lal Engineering IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Behari Lal Engineering IPO.
When will the Behari Lal Engineering IPO open for subscription?
The Behari Lal Engineering IPO opens on Wed, Aug 12, 2026 and closes on Fri, Aug 14, 2026
What is Behari Lal Engineering IPO Price Band?
Behari Lal Engineering IPO Price Band is ₹271 to 285 per share.
What is Behari Lal Engineering IPO Lot Size?
Behari Lal Engineering IPO lot size is 52 shares, Retail investors need a minimum investment of ₹14820 based on the upper price band
What is the minimum investment for Behari Lal Engineering IPO?
The minimum investment for Behari Lal Engineering IPO is ₹14820, based on one lot of 52 shares at the upper price band of ₹285 per share.
How to apply for Behari Lal Engineering IPO?
Investors can apply for the Behari Lal Engineering IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 14, 2026. The application amount remains blocked until the Behari Lal Engineering IPO allotment is finalized.
What is Behari Lal Engineering IPO Issue Size?
Behari Lal Engineering IPO issue size is ₹301.62 crores.
What is the Behari Lal Engineering IPO Allotment Date?
Behari Lal Engineering IPO allotment date is Mon, Aug 17, 2026.
Who is the Behari Lal Engineering IPO Registrar?
The registrar for Behari Lal Engineering IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Behari Lal Engineering IPO allotment status, refund processing, and other IPO-related information.
What is the Behari Lal Engineering IPO GMP?
The Behari Lal Engineering IPO GMP (Grey Market Premium) is ₹30 as of Fri, Aug 7, 2026. Based on the upper price band of ₹285 per share, the estimated Behari Lal Engineering IPO listing price is ₹315, indicating a potential listing gain of approximately 10.53% over the issue price.
Who is the Behari Lal Engineering IPO Lead Manager?
The book-running lead managers (BRLMs) for the Behari Lal Engineering IPO are Systematix Corporate Services Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Behari Lal Engineering IPO Red Herring Prospectus (RHP).