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Behari Lal Engineering Ltd.

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

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.