Behari Lal Engineering Limited IPO Details
Factual IPO information from public filings. Not investment advice.
Issue Details
- Price Band
- ₹271 – ₹285
- Lot Size
- 52 shares
- Min. Investment
- ₹14,820
- Total Issue Size
- ₹301.62 Cr
- 1,05,83,158 shares
- Fresh Issue
- ₹93 Cr
- 32,63,157 shares
- Offer for Sale
- ₹208.62 Cr
- 73,20,001 shares
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 3,90,39,325
- Shares Post-Issue
- 4,23,02,482
Lot Size & Investment
1 lot = 52 shares
Retail (min)
1 lot · 52 shares
Retail (max)
13 lots · 676 shares
S-HNI (min)
14 lots · 728 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 52 | ₹14,820 |
| Small HNI (S-HNI) | 14 | 728 | ₹2,07,480 |
| Big HNI (B-HNI) | 68 | 3,536 | ₹10,07,760 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 367.87 | 295.98 | 262.08 |
| Total Income | 546.52 | 516.3 | 449.96 |
| Profit After Tax | 64.64 | 52.95 | 35.79 |
| EBITDA | 101.32 | 81.31 | 60.99 |
| Net Worth | 306.1 | 241.62 | 193.66 |
| Reserves & Surplus | 267.06 | 233.81 | 186.13 |
| Total Borrowing | 17.78 | 7.58 | 41.21 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| RoNW (%) | 21.12 |
| EPS (₹) | 16.56 |
| P/E (pre-issue) | 17.21 |
| P/E (post-issue) | 18.65 |
About Behari Lal Engineering Limited
Incorporated in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company specialising in customised engineering solutions. The company manufactures precision-engineered components for critical industrial applications, including metal rolls, engineering castings, alloy steel products, forging ingots and shafts. Metal Rolls across grades such as alloy cast steel, alloy steel base adamite, graphitic steel, and S.G. iron pearlitic. Engineering Castings ranging from 500 kg to 20 MT for industries such as steel, iron, mining, aggregate crushers, power, and sugar. Alloy Steel Products, including carbon, alloy, and stainless steel bars in sections such as rounds, flats, hex, and round corner squares, with sizes from 6 mm to 230 mm, along with tool and valve steel. Forging Ingots and Forged Shafts/Blocks for use as raw materials in open-die and closed-die forging applications. As of March 31, 2026, the company has catered to 1825 domestic and international customers. Its customer base includes Amba Shakti Industries, BMW Industries, Shyam Metallics and Energy, Laxcon Steels, MSP Steel & Power, Jai Balaji Industries, Propel Industries, and Metso India, among others. The manufacturing operations comprise two units in Mandi Gobindgarh, Punjab. As of May 31, 2026, the company's order book stood at Rs 1,785.69 million. Competitive 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
Company Information
- Book running lead managers
- Emkay Global Financial Services Ltd.
- Systematix Corporate Services Ltd.
- Registered office
- Village Salani, Amloh Road, Mandi Gobindgarh, Fatehgarh Sahib, Punjab, 147301