Behari Lal Engineering Limited
ListedIron and Steel · Mainboard IPO · INE1EEM01017
Price band
₹271 – ₹285
Lot size
52 shares
Min. investment
₹14,820
Issue size
₹302 Cr
Face value
₹10
Registrar
MUFG Intime India Pvt.Ltd.
Issue timeline
Bidding opens
12 Aug 2026
Bidding closes
14 Aug 2026
Allotment
17 Aug 2026
Listing
19 Aug 2026
Final subscription
21,31,071
applications
₹17,245 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 26,07,28,936 | 7,431 |
| Non-Institutional >₹10L (bNII) | 14,86,68,676 | 4,237 |
| Non-Institutional ₹2–10L (sNII) | 7,01,08,792 | 1,998 |
| Retail (RII) | 12,55,84,784 | 3,579 |
| Total | 60,50,91,188 | 17,245 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company specialising in customised engineering solutions.
Issue details
Issue size
₹302 Cr
Fresh issue
₹93 Cr
Offer for sale
₹209 Cr
Industry
Iron and Steel
Promoter holding (pre)
88.51
Promoter holding (post)
70.84
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 449.96 | 516.30 | 546.52 Cr |
| EBITDA | 60.99 | 81.31 | 101.32 |
| Profit after tax | 35.79 | 52.95 | 64.64 Cr |
| Net worth | 193.66 | 241.62 | 306.1 Cr |
| Total assets | 262.08 | 295.98 | 367.87 |
| Total borrowing | 41.21 | 7.58 | 17.78 |
Objects of the issue
- 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
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
Risks
- Dependence on a limited number of customers for a significant portion of revenue
- Fluctuations in raw material prices
- Competition from other manufacturers in the industry
- Economic downturns affecting demand for products
- Regulatory changes impacting operations
Documents
Calculate your bid
At cut-off price ₹285
Lots
1
- Shares
- 52
- Amount
- ₹14,820
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login