Behari Lal Engineering IPO: August 12-14, 2026 Subscription

Behari Lal Engineering is preparing for its initial public offering, with 1,07,51,735 shares available at a price band of Rs 271-285 per equity share. The 100% book building IPO opens for subscription on August 12, 2026.

• Issue Price Band: Rs 271-285 per equity share
• Face Value: Rs 10 per share
• Subscription Window: August 12, 2026, to August 14, 2026
• Listing Platforms: BSE and NSE

The company operates as an integrated iron and steel manufacturer, specializing in customized engineering solutions. It produces precision-engineered components for critical industrial applications.

Core Operations and Product Range

• Products include:
  • Metal rolls and engineering castings
  • Alloy steel products
  • Forging ingots and forged shafts/blocks
• These components serve diverse sectors such as:
  • Automobile and steel industries
  • Mining, infrastructure, and construction
  • Power, aerospace and defence, and cement

Behari Lal Engineering emphasizes technology and product development, featuring a modern, fully integrated digital steel melting shop. This facility includes a ladle refining furnace and vacuum degassing capabilities.

Issue Allocation Structure

• Allocation breakdown:
  • Qualified Institutional Buyers (QIBs): Not more than 50% (including 5% for mutual funds)
  • Non-institutional bidders: Not less than 15%
  • Retail investors: Remaining 35%

Emkay Global Financial Services and Systematix Corporate Services are serving as the book running lead managers for the issue. Sanjeev Kumar Sehgal has been designated as the compliance officer.