Minimum Investment
About Company
Company Name: Behari Lal Engineering Limited
Industry / Sector: Iron & Steel Products (Metal Rolls, Engineering Castings, Alloy Steel, Forging Ingots & Shafts)
Founded Year: 1995
Promoters: Parkash Chand Garg, Rajesh Garg, Dinesh Garg, Lovlish Garg, Bhuvnesh Garg
Behari Lal Engineering is an integrated iron and steel manufacturing company specialising in customised engineering solutions. It manufactures precision-engineered components including metal rolls, engineering castings (500 kg to 20 MT), alloy steel products (carbon, alloy and stainless steel bars), forging ingots and forged shafts/blocks for industries such as steel, iron, mining, power and sugar. Manufacturing facilities are located in Mandi Gobindgarh, Punjab. As of March 31, 2026 the company has served 1,825 domestic and international customers with an order book of ₹185.69 Cr as of May 31, 2026.
IPO Basic Details
| Company Name | Behari Lal Engineering Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹271 – ₹285 |
| Lot Size | 52 Shares |
| Total Issue Size | 1,05,83,158 Equity Shares (₹301.62 Cr) |
IPO Strengths & Risks
Strengths
- Long-standing relationships with large customer base across industries
- Diversified product portfolio
- Strategically located manufacturing facilities with advanced equipment
- Experienced promoters and management
- Consistent financial growth and strong order book
Risks
- Cyclical nature of steel and industrial demand
- Raw material price volatility
- Competition in engineering castings and alloy steel segment
- Dependence on industrial capital expenditure cycles
IPO Important Dates
| IPO Open Date | 12 Aug 2026 |
| IPO Close Date | 14 Aug 2026 |
| Basis of Allotment | 17 Aug 2026 |
| Refund Initiation | 18 Aug 2026 |
| Demat Credit Date | 18 Aug 2026 |
| Listing Date | 19 Aug 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – ₹0.57 Cr
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Offer |
| Retail Quota | Not less than 35% of the Offer |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 52 | ₹14,820 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 14 Lots | 728 | ₹2,07,480 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 68 Lots | 3,536 | ₹10,07,760 |
Key Performance Indicators (KPI)
| ROE | 23.60% (Mar 2026) |
| ROCE | 27.11% (Mar 2026) |
| RoNW | 21.12% (Mar 2026) |
| PAT Margin | 12.10% (Mar 2026) |
| EBITDA Margin | 18.97% (Mar 2026) |
| EPS | - |
| NAV per share | - |
| Debt to Equity | 0.06 (Mar 2026) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 (31 Mar 2026) | ₹367.87 Cr | ₹546.52 Cr | ₹64.64 Cr | ₹101.32 Cr | ₹306.10 Cr | ₹17.78 Cr |
| FY2025 (31 Mar 2025) | ₹295.98 Cr | ₹516.30 Cr | ₹52.95 Cr | ₹81.31 Cr | ₹241.62 Cr | ₹7.58 Cr |
| FY2024 (31 Mar 2024) | ₹262.08 Cr | ₹449.96 Cr | ₹35.79 Cr | ₹60.99 Cr | ₹193.66 Cr | ₹41.21 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Aug 2026 |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: MUFG Intime India Pvt. Ltd.
Registrar Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
IPO Lead Manager(s)
Company Information
Address: Village Salani, Amloh Road, Mandi Gobindgarh, Fatehgarh Sahib, Punjab 147301
Website: https://www.beharilalengineer/
Email: cs@beharilalgroup.co
Phone: +91 17655 20694
IPO Documents
Frequently Asked Questions (FAQ)
Explore More Investment Opportunities
Discover IPOs, unlisted shares, and broker comparison tools curated for smart investors.