Behari Lal Engineering Ltd. IPO

Min Investment
₹ 14,820 / 52 shares
Price Range
₹271 - ₹ 285
Bidding Dates
12 Aug '26 - 14 Aug '26
Total Issue Value
301.62 Cr
Lot Size
52
Total Issue Size
301.62 Cr
Listing At

IPO Timeline

  • 12 Aug 2026
    Bidding Starts
  • 14 Aug 2026
    Bidding Ends
  • 17 Aug 2026
    Allotment Finalization
  • 19 Aug 2026
    Listing

About Behari Lal Engineering Ltd.

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 10.00-11.5% of the country’s demand in Fiscal 2026. 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.

• 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.

Read More
Parent organisation
Founded
Behari Lal Engineering Ltd.
1995

Behari Lal Engineering Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 31,74,948 (30%)
Non Institutional Investors 15,87,474 (15%)
Qualified Institutional Buyers (QIBs) 21,16,631 (20%)
Retail Individual Investors (RIIs) 37,04,106 (35%)

Behari Lal Engineering Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2026 546.52 Cr 64.64 Cr 267.06 Cr
31 Mar 2025 516.30 Cr 52.95 Cr 233.81 Cr
31 Mar 2024 449.96 Cr 35.79 Cr 180.90 Cr

Behari Lal Engineering Ltd. Background

Major Events And Milestones
  • 2012
    Commenced production of steel ingots.
  • 2014
    Commenced production of steel ingots (Forging).
    Commenced production of metal rolls.
    Commenced production of steel casting.
    Established machine shop at Manufacturing Facility 1.
  • 2015
    Commenced sale of non alloy steel rounds
    Installed vacuum degassing at Manufacturing Facility 1.
  • 2017
    Commissioned no bake sand system at Manufacturing Facility 1.
    Installed 183 kw rooftop solar pv plant at Manufacturing Facility 1.
  • 2019
    Installation of Induction Melting Furnace at Manufacturing Facility 1.
    Commissioned first CNC lathe machine at Manufacturing Facility 1.
    First dispatch of metal rolls to public sector undertaking.
  • 2020
    First export of steel casting to Finland
  • 2021
    Commissioned short blast machine at Manufacturing Facility 1.
    Installed second rooftop solar pv plant at Manufacturing Facility 1.
    Commissioned Heat Treatment Furnace with Water Quenching
  • 2024
    Received One Star Export House Export House Status by Directorate General of Foreign Trade.
    Installed a new melting furnace with a capacity of 12 MT at Manufacturing Facility 1.
    Amalgamation of Belco Special Steels Private Limited, Parkash Multimetals Private Limited and their respective Shareholders and Creditors with our Company pursuant Scheme of Amalgamation.
  • 2025
    Installed a heat treatment furnace of 150 MT capacity at Manufacturing Facility 1.
    Installed 641.70 kw rooftop solar power plant at Manufacturing Facility 1.
    Installed elemental analyser at Manufacturing Facility 1.
    Commissioned CNC lathe machine (1500 x 6000) at Manufacturing Facility 1.
Behari Lal Engineering Ltd. Object of Issues

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-147 301, India (Manufacturing Facility 1)
b. 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 147 301, India (Manufacturing Facility 2)
2. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
3. General corporate purposes

Behari Lal Engineering Ltd. IPO Listing Details
Listing Date
19 Aug 2026
ISIN
INE1EEM01017
Final Issue Price
₹ 285
Behari Lal Engineering Ltd. Company Promoters

1. Parkash Chand Garg
2. Rajesh Garg
3. Dinesh Garg
4. Lovlish Garg
5. Bhuvnesh Garg

Industry Overview

Structure of the industry:
Steel is an alloy primarily composed of iron and carbon, with small amounts of other elements. It is one of the most versatile and widely used materials globally due to its strength, durability and recyclability. The steel industry plays a critical ... Read more

Behari Lal Engineering Ltd. Contact Details
Address: Village Salani, Amloh Road, Mandi Gobindgarh, Gobindgarh Punjab - 147301
Phone no:65520694
65520694
|
Behari Lal Engineering Ltd. IPO Registrar
MUFG Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
Behari Lal Engineering Ltd. IPO Lead Manager(s)
Emkay Global Financial Services Ltd.
7th Floor, The Ruby Senapati Bapat Marg, Dadar (West), Mumbai Maharashtra - 400028
66121268

FAQs

When does Behari Lal Engineering Ltd. IPO opens and closes?

Behari Lal Engineering Ltd. IPO opens from 12th August to 14th August 2026.

What is the size of Behari Lal Engineering Ltd. IPO?

The size of the Behari Lal Engineering Ltd. IPO is ₹301.62 Cr.

What is the price range of Behari Lal Engineering Ltd. IPO?

The price range of Behari Lal Engineering Ltd. IPO is at ₹271 to ₹285 per share.

What is the minimum investment and lot size required for the Behari Lal Engineering Ltd. IPO?

The minimum investment required is ₹14,820 and minimum lot size is 52 shares.

When is Behari Lal Engineering Ltd. IPO listing date?

The Behari Lal Engineering Ltd. IPO will be listed on 19th August 2026.

What is the objective of Behari Lal Engineering Ltd. IPO?

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-147 301, India (Manufacturing Facility 1)
b. 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 147 301, India (Manufacturing Facility 2)
2. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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