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Behari Lal Engineering Ltd.

NSE & BSE
ListedListed on 19 Aug 2026+60.7%

₹271–285

₹ 211 Cr

52 Shares

₹ 14,092

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
5,340.255,079.12
124.9483.87
5,465.195,162.99
4,448.224,348.93
865.84693.63
646.36529.51

Subscription Details

108.44xTotal
Subscription
53.27x
165.32x
165.33x
0.00x

IPO Timeline

IPO Offer Start

12 Aug 2026

IPO Offer Ends

14 Aug 2026

19 Aug 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1i. purchase and installation of new equipment / machinery195.89
2ii. purchase and installation of new roof-top solar panels at Manufacturing Facility 134
3iii. purchase and installation of new equipment / machinery along with civil work366.5
4iv. purchase and installation of new roof-top solar panels at Manufacturing Facility 234
5Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company5.7
6General corporate purposes190.6

Promoters

Parkash Chand GargRajesh GargDinesh GargLovlish GargBhuvnesh Garg

Book Running Lead Managers

Emkay Global Financial Services LtdSystematix Corporate Services Ltd.

Promoter Shareholding

Pre-IPO

88.51%

Promoter stake

Post-IPO

70.83%

Promoter stake

Offered to Public

74,12,769

shares

Post Share Capital

2,99,66,239

shares

IPO Registrar

MUFG Intime India Pvt Ltd.

About the Company

We are an integrated iron and steel manufacturing company specializing in customized engineering solutions. According to CRISIL, we are one of India’s largest metal rolls producers and a leading player in the metal rolls meeting 10.00% of the country’s demand in Fiscal 2024.Our precision engineered components for critical industrial applications comprise:• Metal Rolls – we manufacture metal rolls for rolling mills across various grades including alloy cast steel rolls, alloy steel base adamite rolls, graphitic steel rolls, S. G. Iron Pearlitic Rolls, S. G. Iron Bainitic/Accicular Rolls, alloyed indefinite chill rolls, forged rolls etc. Metal rolls are used in rolling processes to produce finished steel products such as TMT Rebar, Structural Steel etc. 294• Engineering Castings – we manufacture engineering castings in special grades with per unit weight ranging from 500 kilogrammes (Kg) to 20 metric tonnes (MT) in various grades for industries like steel, iron, mining and aggregate crushers, power, sugar etc. • Alloy Steel Products – we manufacture carbon, alloy steel, and stainless steel bars in various sections such as rounds, round corner square, flats and hex, with different sizes and widths 6 millimetre (mm) to 230 mm. We have also recently introduced tool steel and valve steel.• Forging Ingots and Forged Shafts/ Blocks – Forging ingots are semi-finished steel products cast into specific shapes and sizes, primarily used as raw material for open die or closed die forging applications. These ingots are designed to withstand high compressive forces and are ideal for producing critical components requiring superior mechanical properties, structural integrity, and grain refinement. Forging ingots are available in round, square, rectangular, and custom shapes and weights ranging from 500 kg to 15 tons across various grades such as carbon steels, alloy steels, stainless steels, and special tool steels. These find application in industries such as automotive, aerospace, oil & gas, energy, and heavy engineering.

Use of Proceeds

1. Funding capital expenditure requirement for:a. purchase and installation of new (i) equipment / machinery (including computers, printers and computer peripherals) along with civil work for such installation; (ii) roof-top solar panels at Village Salani, Amloh Road, Mandi Gobindgarh, Punjab-147301, India (Manufacturing Facility 1); andb. purchase and installation of new (i) equipment / machinery along with civil work for such installation; (ii) roof-top solar panels at Village Turan, Amloh Road, Mandi Gobindgarh, Punjab 147301, India(Manufacturing Facility 2).2. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company; and3. General corporate purposes.

IPO FAQs

The Behari Lal Engineering Ltd. IPO has a total of ₹211 crore, calculated at the upper end of the .

The Behari Lal Engineering Ltd. IPO is priced at ₹271–285 per share. bids must fall within this , against a of ₹10 per share.

The for the Behari Lal Engineering Ltd. IPO is 52 shares, which is also the minimum order quantity — you have to apply for at least 52 shares, and in multiples of 52 beyond that.

The minimum investment in the Behari Lal Engineering Ltd. IPO is about ₹14,092 — one lot of 52 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Behari Lal Engineering Ltd. opens on 12 Aug 2026 and closes on 14 Aug 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Behari Lal Engineering Ltd. shares were listed on 19 Aug 2026 on BSE and NSE.

MUFG Intime India Pvt Ltd. is the for the Behari Lal Engineering Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone +91 810 811 8484 and email rnt.helpdesk@in.mpms.mufg.com.

Behari Lal Engineering Ltd. IPO shares are listed on BSE and NSE.

Each Behari Lal Engineering Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 88.51% of Behari Lal Engineering Ltd. before the IPO, which falls to 70.83% after the issue.

74,12,769 shares of Behari Lal Engineering Ltd. are being offered to the public in this issue.

The Behari Lal Engineering Ltd. IPO has been subscribed 108.44x overall — 165.33x, 165.32x and 53.27x.

figures update through the issue period until it closes.

  1. 1.Funding capital expenditure requirement for:a. purchase and installation of new (i) equipment / machinery (including computers, printers and computer peripherals) along with civil work for such installation; (ii) roof-top solar panels at Village Salani, Amloh Road, Mandi Gobindgarh, Punjab-147301, India (Manufacturing Facility 1); andb. purchase and installation of new (i) equipment / machinery along with civil work for such installation; (ii) roof-top solar panels at Village Turan, Amloh Road, Mandi Gobindgarh, Punjab 147301, India(Manufacturing Facility 2)
  2. 2.Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
  3. 3.General corporate purposes

Emkay Global Financial Services Ltd and Systematix Corporate Services Ltd. are the for the Behari Lal Engineering Ltd. IPO.

Pre-apply means placing your Behari Lal Engineering Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Behari Lal Engineering Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Behari Lal Engineering Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.