Behari Lal Engineering Limited IPO Price: ₹271 to ₹285 per share
IPO Dates: 12 Aug to 14 Aug, 2026
Company Overview
Incorporated in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company specialising in customised engineering solutions. The company manufactures precision-engineered components for critical industrial applications.
Business Operations
The company manufactures metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts and blocks.
Product Portfolio
Metal Rolls are manufactured across grades such as alloy cast steel, alloy steel base adamite, graphitic steel, and S.G. iron pearlitic.
Engineering Castings range from 500 kg to 20 MT and cater to industries such as steel, iron, mining, aggregate crushers, power, and sugar.
Alloy Steel Products include carbon, alloy, and stainless steel bars in sections such as rounds, flats, hex, and round corner squares, with sizes ranging from 6 mm to 230 mm, along with tool and valve steel.
Forging Ingots and Forged Shafts/Blocks are used as raw materials in open-die and closed-die forging applications.
Customer Base
As of March 31, 2026, the company had catered to 1,825 domestic and international customers.
Its customer base includes 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
The manufacturing operations comprise two units in Mandi Gobindgarh, Punjab.
Order Book
As of May 31, 2026, the company’s order book stood at Rs 1,785.69 million.
Competitive Strengths
- Long-standing relationships with a large number of customers spread across a wide array of end-user industries
- .Diversified product portfolio catering to varied application industries
- Strategically located manufacturing facilities with advanced equipment and robust overlapping processes
- Experienced promoters and management team
- Track record of financial performance and consistent growth.
Bidding Starts In
Behari Lal Engineering Limited IPO Specifics:
| IPO Date | 12 to 14 Aug, 2026 |
| Listing Date | Wed, Aug 19, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹271 to ₹285 |
| Lot Size | 52 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size |
1,05,83,158 shares (agg. up to ₹302 Cr) |
| Fresh Issue |
32,63,157 shares (agg. up to ₹93 Cr) |
| Offer for Sale |
73,20,001 shares of ₹10 (agg. up to ₹209 Cr) |
| Share Holding Pre Issue | 3,90,39,325 shares |
| Share Holding Post Issue | 4,23,02,482 shares |
Behari Lal Engineering Limited IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Wed, Aug 12, 2026 |
| IPO Close | Fri, Aug 14, 2026 |
| Allotment | Mon, Aug 17, 2026 |
| Refund | Tue, Aug 18, 2026 |
| Credit of Shares | Tue, Aug 18, 2026 |
| Listing | Wed, Aug 19, 2026 |
Behari Lal Engineering Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 52 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| 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 Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
Behari Lal Engineering Limited IPO Financial Information
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 367.87 | 295.98 | 262.08 |
| Total Income | 546.52 | 516.30 | 449.96 |
| Profit After Tax | 64.64 | 52.95 | 35.79 |
| EBITDA | 101.32 | 81.31 | 60.99 |
| Net Worth | 306.10 | 241.62 | 193.66 |
| Reserves & Surplus | 267.06 | 233.81 | 186.13 |
| Total Borrowing | 17.78 | 7.58 | 41.21 |
Key Performance Indicator-Behari Lal Engineering Limited IPO
| KPI | Value |
|---|---|
| ROE | 23.60% |
| ROCE | 27.11% |
| Debt/Equity | 0.06 |
| RoNW | 21.12% |
| PAT Margin | 12.10% |
| EBITDA Margin | 18.97% |
| NAV | 78.41 |
| Price to Book Value | 3.63 |
| EPS (₹) | 16.56 |
| P/E (x) | 17.21 |
| Market Cap at Offer Price | ₹1,113Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Behari Lal Engineering IPO RHP
Behari Lal Engineering IPO DRHP
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