
Behari Lal Engineering IPO
BLEL
Last updated on 26/10/2026 | 07:00 IST
Behari Lal Engineering IPO is a book built issue of ₹74,12,769 crores. The issue is a combination of a fresh issue and an offer for sale. The subscription opens on 12 Aug '26 and closes on 14 Aug '26, with the basis of allotment expected to be finalised on 17 Aug '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 19 Aug '26. The price band is set at ₹271 to ₹285 per share with a minimum lot size of 52 shares. Emkay Global Financial Services Ltd. and Systematix Corporate Services Ltd. are the book-running lead managers, while MUFG Intime India Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official Behari Lal Engineering IPO RHP.
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Behari Lal Engineering IPO Dates & Details
Open Date
12 Aug '26
Close Date
14 Aug '26
Allotment Date
17 Aug '26
Refund Date
18 Aug '26
Listing Date
19 Aug '26
Price Range
₹271 - ₹285
Min Investment
₹14,820
Lot Size
52
Listing at
NSE
IPO Document
Behari Lal Engineering IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 37,06,384.5 crores |
| Non-Institutional Investors (NIIs) | 15% | 11,11,915.35 crores |
| Retail Individual Investors (RIIs) | 35% | 25,94,469.15 crores |
About Behari Lal Engineering Limited IPO
Incorporated in 1995, Behari Lal Engineering Limited is an integrated iron and steel manufacturing company engaged in producing customised engineering products for various industrial applications. Its product portfolio includes metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts and blocks used across industries such as steel, mining, power, cement, sugar, infrastructure, automotive, and railways.
The company serves both domestic and international customers, having catered to 1,681 customers as of March 31, 2025. Its client base includes leading companies such as BMW Industries, Shyam Metalics, Jai Balaji Industries, Propel Industries, and Metso India.
Behari Lal Engineering operates two manufacturing units in Mandi Gobindgarh, Punjab, spread across nearly 790,000 sq. ft., with a combined installed capacity of 119,464 MT, including finished steel processing and rolling mill facilities. The location provides easy access to key transport infrastructure, supporting efficient procurement and distribution.
As of August 31, 2025, the company employed 774 trained personnel across its operations.
Behari Lal Engineering IPO Strengths & Weaknesses
Diversified product portfolio serving multiple industries reducing dependence on a single business segment.
Strong industry presence backed by over two decades of manufacturing experience and an experienced promoter group.
Strategically located manufacturing facilities with large production capacity and efficient logistics connectivity.
Established relationships with a wide customer base across domestic and international markets
Integrated manufacturing capabilities supporting customised engineering solutions.
Inefficient inventory management could increase costs and disrupt manufacturing operations.
Failure to maintain product quality or deliver orders on time may impact customer relationships and profitability.
The business is exposed to foreign exchange fluctuations due to exports and imported raw materials.
Behari Lal Engineering IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 74,12,769 shares (aggregating up to ₹14,820 crores) |
| Fresh Issue | 3,26,315.7 shares (aggregating up to ₹32,63,157 crores) |
| Offer for Sale | 7,32,000.1 shares of ₹10 (aggregating up to ₹73,20,001 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 88.51 shares |
| Post-Issue Shareholding | 0 shares |
Behari Lal Engineering IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Behari Lal Engineering ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Behari Lal Engineering IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Behari Lal Engineering IPO Contact & Registrar Details
Contact Details
Address
Village Salani Amloh Road Mandi Gobindgarh Fatehgarh Sahib
Phone Number
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Behari Lal Engineering Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Emkay Global Financial Services Ltd. | Systematix Corporate Services Ltd. |


