Behari Lal Engineering IPO was a Mainboard Book Built public issue by Behari Lal Engineering Limited. The public issue comprised a fresh issue of 32,63,157 equity shares aggregating up to ₹93 crore and an Offer for Sale of 73,20,001 equity shares. The total issue size was approximately ₹301.62 crore. The company’s equity shares were listed on both the BSE and NSE on August 19, 2026.
Behari Lal Engineering IPO Price was fixed in the range of ₹271 to ₹285 per equity share with a face value of ₹10 per share. The IPO opened for subscription on August 12, 2026 and closed on August 14, 2026. The basis of allotment was finalised on August 17, refunds were initiated on August 18, and shares were credited to successful applicants on August 18 before the listing on August 19, 2026.
Behari Lal Engineering Limited is an integrated iron and steel manufacturing company specialising in customised steel products for critical engineering and industrial applications. The company manufactures metal rolls, engineering castings, alloy steel products, forging ingots, forged shafts and blocks.
The company operates two manufacturing facilities in Mandi Gobindgarh, Punjab. Its manufacturing infrastructure includes steel melting, foundry, rolling, heat treatment and machining capabilities. The company also maintains quality-control, testing and research facilities to manufacture products according to customer-specific requirements.
Behari Lal Engineering serves customers across several industries, including automobiles, infrastructure, aggregate crusher manufacturing, steel, cement, mining, power and other heavy industrial sectors. The company has also expanded its export presence and, according to its offer documents, served customers across multiple countries.
The Indian steel and engineering products industry is supported by infrastructure development, industrial expansion, automotive production, capital expenditure and increasing demand for specialised steel products. However, the business remains exposed to fluctuations in steel prices, energy costs, industrial demand, competition and economic cycles. Investors should carefully evaluate the company’s financial performance, valuation, customer concentration, manufacturing capacity and industry risks before making an investment decision.
IPO Details
| Information | Details |
|---|---|
| IPO Name | Behari Lal Engineering IPO |
| Company Name | Behari Lal Engineering Limited |
| IPO Type | Book Built Issue |
| IPO Category | Mainboard IPO |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹271 to ₹285 Per Share |
| Issue Size | ₹301.62 Crore |
| Fresh Issue | ₹93.00 Crore |
| Offer for Sale | ₹208.62 Crore |
| IPO Open Date | 12 August 2026 |
| IPO Close Date | 14 August 2026 |
| Anchor Investor Bidding | 11 August 2026 |
| Basis of Allotment | 17 August 2026 |
| Refund Initiation | 18 August 2026 |
| Shares Credited to Demat Account | 18 August 2026 |
| Listing Date | 19 August 2026 |
| Listing Exchange | BSE & NSE |
| Lot Size | 52 Equity Shares |
| Retail Minimum Investment | ₹14,820 |
| Retail Maximum Investment | ₹1,92,660 |
| Registrar | MUFG Intime India Private Limited |
| Book Running Lead Managers | Emkay Global Financial Services Limited and Systematix Corporate Services Limited |
The fresh issue proceeds were primarily intended for capital expenditure at the company’s two manufacturing facilities, including purchase and installation of machinery and equipment, civil work and rooftop solar installations. A portion was also earmarked for repayment or prepayment of certain borrowings and general corporate purposes.
The Offer for Sale proceeds were received by the respective selling shareholders and did not accrue to the company.
Behari Lal Engineering IPO Dates
| IPO Event | Date |
|---|---|
| Anchor Investor Bidding | 11 August 2026 |
| IPO Opening Date | 12 August 2026 |
| IPO Closing Date | 14 August 2026 |
| Basis of Allotment | 17 August 2026 |
| Refund Initiation | 18 August 2026 |
| Shares Credited to Demat Account | 18 August 2026 |
| Listing Date | 19 August 2026 |
The Behari Lal Engineering IPO allotment process was completed on August 17, 2026. Refunds and demat credit were completed on August 18, followed by listing on August 19, 2026.
Behari Lal Engineering IPO Reservation
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) | Not More Than 50% |
| Non-Institutional Investors (NII) | Not Less Than 15% |
| Retail Individual Investors (RII) | Not Less Than 35% |
The IPO also included an anchor investor allocation before the opening of the public issue. The final allocation within the permitted categories depended on valid applications received during the bidding period.
Behari Lal Engineering IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 52 Shares | ₹14,820 |
| Retail Maximum | 13 Lots | 676 Shares | ₹1,92,660 |
| S-HNI Minimum | 14 Lots | 728 Shares | ₹2,07,480 |
| S-HNI Maximum | 67 Lots | 3,484 Shares | ₹9,92,940 |
| B-HNI Minimum | 68 Lots | 3,536 Shares | ₹10,07,760 |
The application amounts shown above are calculated using the upper price band of ₹285 per equity share. The minimum retail application required 52 shares, resulting in an investment of ₹14,820.
About Behari Lal Engineering Limited
Behari Lal Engineering Limited is an integrated iron and steel manufacturing company established in 1995. The company manufactures customised steel products designed for critical industrial and engineering applications.
The company’s product portfolio includes metal rolls, engineering castings, alloy steel products and forging ingots, forged shafts and blocks. Its manufacturing capabilities cover steel melting, casting, rolling, heat treatment and machining.
The company operates two manufacturing facilities in Punjab. Manufacturing Facility 1 includes the Steel Melt Shop, Foundry and Machine Shop, while Manufacturing Facility 2 operates the Rolling Mill Division. The company has also been developing additional manufacturing capacity as part of its expansion strategy.
Behari Lal Engineering has developed capabilities to manufacture different grades of alloy and non-alloy steel products. Its products are used in applications across automotive, infrastructure, mining, cement, steel, power, aggregate crushing and other industrial sectors.
The company has also expanded its international presence. Its customer base includes both domestic and international businesses, while repeat customers form a significant part of its revenue base.
The company focuses on customised manufacturing, quality assurance, technical capabilities and customer-specific product development. Its integrated manufacturing model allows it to control several stages of the production process and provide products according to specific industrial requirements.
Business Operations
Behari Lal Engineering Limited operates an integrated manufacturing business focused on specialised iron and steel products.
- Metal Rolls – The company manufactures different grades of metal rolls used in rolling mills and other industrial applications.
- Engineering Castings – It produces customised engineering castings for heavy engineering and industrial applications.
- Alloy Steel Products – The company manufactures alloy steel rounds, flats and other specialised steel products.
- Forging Ingots – It manufactures forging ingots used as raw materials in forging applications.
- Forged Shafts and Blocks – The company manufactures forged shafts and blocks for industrial and engineering applications.
- Steel Melt Shop – The integrated steel melting operations support the production of customised steel grades.
- Rolling Mill Operations – The company produces flats, rounds, squares and other rolled steel products.
- Heat Treatment – Heat-treatment capabilities help achieve required metallurgical and mechanical properties for specialised products.
- Machine Shop – Machining facilities support the processing and finishing of manufactured products.
- Quality Testing – The company operates physical testing and chemical analysis facilities for quality assurance.
- Research and Development – Its technical team works on product development and customised steel requirements.
- Export Business – The company has expanded its international customer base and exports specialised steel products to overseas markets.
Industry Overview
India’s steel and engineering industry plays an important role in infrastructure, automotive manufacturing, construction, capital goods, power, mining and industrial development.
Demand for specialised steel products is influenced by industrial production, infrastructure spending, automotive manufacturing, capital expenditure and expansion of manufacturing capacity. Growth in these sectors can create opportunities for manufacturers of alloy steel products, engineering castings, metal rolls and forged products.
The increasing focus on domestic manufacturing and infrastructure development can also support demand for specialised engineering products. Manufacturers with integrated production capabilities and customised product offerings may benefit from demand for higher-value industrial steel products.
At the same time, the steel industry remains cyclical and sensitive to raw material prices, energy costs and changes in industrial demand. Steel manufacturers also face competition from domestic and international producers.
Behari Lal Engineering’s exposure to multiple end-use industries provides some diversification, although the company remains dependent on industrial activity and demand for its specialised products.
Business Strategy
Behari Lal Engineering Limited focuses on expanding manufacturing capacity, improving operational capabilities and strengthening its position in specialised steel products.
The company plans to utilise IPO proceeds for capital expenditure at its existing manufacturing facilities. Investments in new equipment and machinery are expected to increase production capabilities and improve manufacturing efficiency.
The company is also investing in rooftop solar power installations at both manufacturing facilities. These investments are intended to support energy requirements while improving the efficiency of manufacturing operations.
Another part of the company’s strategy is to expand its product portfolio and serve customers with customised steel products. Its integrated manufacturing infrastructure allows the company to manufacture products across different stages, from steel melting and casting to rolling, heat treatment and machining.
The company also aims to increase its presence in international markets while maintaining its established domestic customer base.
Behari Lal Engineering IPO Financial Information
A company’s financial performance provides important information about revenue growth, profitability, assets, capital efficiency and financial stability. Behari Lal Engineering reported growth in revenue and profit during FY2024, FY2025 and FY2026.
Behari Lal Engineering Financial Summary
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Total Income | ₹449.96 Crore | ₹516.30 Crore | ₹546.52 Crore |
| EBITDA | ₹60.99 Crore | ₹81.31 Crore | ₹101.32 Crore |
| Profit After Tax (PAT) | ₹35.79 Crore | ₹52.95 Crore | ₹64.64 Crore |
| Net Worth | ₹193.66 Crore | ₹241.62 Crore | ₹306.10 Crore |
| Total Assets | ₹262.08 Crore | ₹295.98 Crore | ₹367.87 Crore |
| Reserves & Surplus | ₹186.13 Crore | ₹233.81 Crore | ₹267.06 Crore |
| Total Borrowings | ₹41.21 Crore | ₹7.58 Crore | ₹17.78 Crore |
The company’s total income increased from ₹449.96 crore in FY2024 to ₹516.30 crore in FY2025 and further to ₹546.52 crore in FY2026. Profit after tax increased from ₹35.79 crore in FY2024 to ₹52.95 crore in FY2025 and ₹64.64 crore in FY2026.
EBITDA also improved from ₹60.99 crore in FY2024 to ₹81.31 crore in FY2025 and ₹101.32 crore in FY2026. Net worth increased steadily during the period, while total borrowings remained relatively low compared with the company’s net worth.
The financial performance indicates consistent improvement in both revenue and profitability. Investors should nevertheless evaluate the sustainability of margins, raw material costs, customer concentration and future capital expenditure requirements.
Behari Lal Engineering IPO Key Performance Indicators (KPIs)
Key Performance Indicators provide additional information about the company’s profitability, capital efficiency, leverage and valuation.
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 23.60% |
| Return on Capital Employed (ROCE) | 27.11% |
| Return on Net Worth (RoNW) | 21.12% |
| EBITDA Margin | 18.97% |
| PAT Margin | 12.10% |
| Debt-to-Equity Ratio | 0.06 |
| Earnings Per Share (EPS) | ₹16.56 |
| Net Asset Value (NAV) Per Share | ₹78.41 |
| Price to Book Value | 3.63x |
| Post-Issue P/E | 18.65x |
The company reported healthy return ratios in FY2026, with ROE of 23.60% and ROCE of 27.11%. Its EBITDA margin stood at 18.97%, while the PAT margin was 12.10%.
The debt-to-equity ratio of 0.06 indicates relatively low financial leverage. At the upper price band, the post-issue P/E was approximately 18.65 times based on FY2026 earnings.
Objects of the Behari Lal Engineering IPO
The company intends to utilise the net proceeds from the fresh issue for the following purposes:
- Funding capital expenditure for the purchase and installation of new equipment and machinery, including computers, printers and computer peripherals, along with related civil work at Manufacturing Facility 1.
- Purchase and installation of rooftop solar panels at Manufacturing Facility 1.
- Purchase and installation of new equipment and machinery, along with related civil work, at Manufacturing Facility 2.
- Purchase and installation of rooftop solar panels at Manufacturing Facility 2.
- Repayment or prepayment, in full or part, of certain borrowings.
- General corporate purposes.
The estimated expenditure includes approximately ₹19.59 crore for equipment and related work at Manufacturing Facility 1, ₹3.40 crore for rooftop solar panels at Facility 1, ₹36.65 crore for equipment and related work at Manufacturing Facility 2, ₹3.40 crore for rooftop solar panels at Facility 2 and ₹0.57 crore for repayment or prepayment of borrowings.
The proceeds from the Offer for Sale were received by the respective selling shareholders and did not form part of the company’s funds.
Behari Lal Engineering IPO Listing Performance
Behari Lal Engineering shares were listed on BSE and NSE on August 19, 2026. The final issue price was ₹285 per share.
| Particular | Value |
|---|---|
| Listing Exchange | BSE & NSE |
| Listing Date | 19 August 2026 |
| Issue Price | ₹285 Per Share |
| BSE Listing Price | ₹458 Per Share |
| NSE Listing Price | ₹465 Per Share |
| BSE Listing Gain | ₹173 Per Share |
| BSE Listing Gain (%) | 60.70% |
| NSE Listing Gain | ₹180 Per Share |
| NSE Listing Gain (%) | 63.16% |
The shares made a strong debut, opening at ₹458 on the BSE and ₹465 on the NSE against the issue price of ₹285.
The NSE listing represented a premium of approximately 63.16%, while the BSE listing represented a premium of approximately 60.70%.
The strong debut reflected the substantial investor demand received during the IPO. However, listing gains represent short-term market performance and should not be treated as an indication of future returns.
Behari Lal Engineering IPO Subscription Status
Behari Lal Engineering IPO received strong demand from investors during the three-day bidding period. The issue was subscribed approximately 108.44 times overall.
Behari Lal Engineering IPO Subscription
| Investor Category | Final Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 165.33x |
| Non-Institutional Investors (NII) | 165.32x |
| Retail Individual Investors (RII) | 53.27x |
| Total Subscription | 108.44x |
The strong subscription across QIB, NII and retail categories indicated significant investor interest in the company.
The high level of subscription also meant that the probability of allotment for individual applicants was relatively low, particularly in the retail category.
Behari Lal Engineering IPO GMP
Behari Lal Engineering IPO GMP was an unofficial indicator of market sentiment before the company’s listing. In the final stages before listing, the grey market premium was reported at around ₹133 per share.
Based on the upper price band of ₹285, the reported GMP indicated a possible market price of approximately ₹418. However, the actual NSE listing price was ₹465, significantly higher than the implied price based on the reported final GMP.
GMP is not regulated by stock exchanges or SEBI and should not be considered a guaranteed indicator of listing price. Investors should rely primarily on the company’s financial performance, business model, valuation and risk factors.
Since the shares have already been listed, GMP is no longer an applicable measure for current market valuation.
Behari Lal Engineering IPO Review
Behari Lal Engineering IPO offered investors exposure to an integrated iron and steel manufacturer with a specialised product portfolio and established manufacturing capabilities.
One of the company’s key strengths is its integrated manufacturing infrastructure. Its operations cover steel melting, foundry, rolling, heat treatment and machining, allowing it to manufacture customised products for industrial customers.
The company has a diversified product portfolio comprising metal rolls, engineering castings, alloy steel products and forging products. These products are used across multiple industries, including automotive, infrastructure, steel, cement, mining, power and aggregate crushing.
The financial performance has also been positive. Revenue increased from ₹449.96 crore in FY2024 to ₹546.52 crore in FY2026, while PAT increased from ₹35.79 crore to ₹64.64 crore during the same period.
EBITDA increased from ₹60.99 crore in FY2024 to ₹101.32 crore in FY2026. The company also maintained a low debt-to-equity ratio of 0.06 in FY2026.
The company’s capital expenditure plans could support future production capacity and operational efficiency. Investments in machinery and rooftop solar installations at both manufacturing facilities may strengthen its manufacturing capabilities.
Another positive factor is the company’s presence across several industrial sectors. This provides exposure to different sources of industrial demand rather than depending exclusively on one end-use segment.
However, the company operates in a cyclical industry. Fluctuations in steel prices, raw material availability, energy costs and industrial demand can affect margins and profitability.
The business also requires significant investment in manufacturing facilities, machinery and technology. Expansion projects must be executed efficiently to generate the expected returns.
Investors should also consider customer concentration, competition, dependence on industrial activity and the risks associated with international sales.
Overall, Behari Lal Engineering has demonstrated consistent revenue and profit growth, strong operating margins and relatively low leverage. The IPO valuation also needs to be considered alongside the company’s growth prospects, industry cyclicality and future expansion requirements.
Behari Lal Engineering IPO Strengths
- Integrated iron and steel manufacturing capabilities.
- Diversified product portfolio covering metal rolls, engineering castings, alloy steel products and forging products.
- Established presence in specialised steel products for industrial applications.
- Manufacturing facilities located in Mandi Gobindgarh, Punjab.
- Strong growth in revenue and profit during FY2024 to FY2026.
- EBITDA increased consistently during the reported financial years.
- Healthy ROE and ROCE in FY2026.
- Relatively low debt-to-equity ratio.
- Diversified customer base across multiple industrial sectors.
- Growing international presence.
- Significant repeat business from existing customers.
- Investment in new machinery and manufacturing capacity.
- Rooftop solar investments may support energy efficiency.
Behari Lal Engineering IPO Risk Factors
- The steel industry is cyclical and sensitive to economic conditions.
- Fluctuations in raw material and energy prices may affect margins.
- The company operates in a competitive manufacturing environment.
- Demand is linked to sectors such as automotive, infrastructure, steel and heavy engineering.
- Expansion projects require effective execution and capital investment.
- Manufacturing operations are exposed to operational and equipment-related risks.
- Customer concentration may affect revenue if major customers reduce orders.
- International business is exposed to currency and geopolitical risks.
- Changes in government policies and environmental regulations may affect operations.
- Steel prices and demand can fluctuate significantly.
- Competition from larger domestic and international manufacturers may affect pricing.
- Future growth depends partly on successful utilisation of expanded capacity.
Behari Lal Engineering IPO Promoters
Behari Lal Engineering Limited is promoted by members of the Garg family. The promoter group includes Parkash Chand Garg, Rajesh Garg, Dinesh Garg, Lovlish Garg and Bhuvnesh Garg.
Parkash Chand Garg serves as Chairman and Non-Executive Director, while Rajesh Garg serves as Vice Chairman and Non-Executive Director. Dinesh Garg is the Managing Director and promoter of the company.
The promoter group has significant experience in the steel manufacturing industry and has been involved in the development and expansion of the company’s manufacturing operations.
Behari Lal Engineering IPO Promoters Details
| Promoter | Designation |
|---|---|
| Parkash Chand Garg | Chairman, Non-Executive Director & Promoter |
| Rajesh Garg | Vice Chairman, Non-Executive Director & Promoter |
| Dinesh Garg | Managing Director & Promoter |
| Lovlish Garg | Whole-Time Director & Promoter |
| Bhuvnesh Garg | Promoter |
The promoter and promoter group held approximately 88.51% of the company before the IPO. Following the IPO, promoter and promoter group shareholding was expected to reduce to approximately 70.84%.
Behari Lal Engineering IPO Management Team
The company is managed by an experienced team with expertise in steel manufacturing, operations, finance, engineering and corporate governance.
| Name | Designation |
|---|---|
| Parkash Chand Garg | Chairman & Non-Executive Director |
| Rajesh Garg | Vice Chairman & Non-Executive Director |
| Dinesh Garg | Managing Director |
| Lovlish Garg | Whole-Time Director |
| Anil Dhawan | Independent Director |
| Anil Kumar Bansal | Independent Director |
| Ayussh Mittaal | Independent Director |
| Meena Rohilla | Independent Director |
| Rajesh Kumar Sinha | Independent Director |
The management team focuses on expanding manufacturing capacity, strengthening customer relationships, improving product capabilities and maintaining quality standards across the company’s operations.
Behari Lal Engineering IPO Registrar Details
The registrar is responsible for processing IPO applications, finalising the basis of allotment, coordinating refunds and demat credit, and providing investor-related services.
| Particular | Details |
|---|---|
| Registrar Name | MUFG Intime India Private Limited |
| Website | https://in.mpms.mufg.com/ |
| IPO Allotment Status | MUFG Intime IPO Allotment Status |
| Email ID | [email protected] |
| Contact Number | +91 8108114949 |
Behari Lal Engineering IPO Lead Manager Details
The Book Running Lead Managers were responsible for managing the public issue, coordinating regulatory requirements and assisting the company throughout the IPO process.
| Particular | Details |
|---|---|
| Lead Manager 1 | Emkay Global Financial Services Limited |
| Lead Manager 2 | Systematix Corporate Services Limited |
Behari Lal Engineering Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Behari Lal Engineering Limited |
| Registered Office | Village Salani, Amloh Road, Mandi Gobindgarh, Punjab – 147301, India |
| Website | Behari Lal Engineering Official Website |
| Email ID | [email protected] |
| Phone | +91 17655 20694 |
| CIN | U27109PB1995PLC016490 |
How to Check Behari Lal Engineering IPO Allotment Status
Investors could check the Behari Lal Engineering IPO allotment status after the basis of allotment was finalised through the registrar’s website or the relevant stock exchange facilities.
Through MUFG Intime India Private Limited
- Visit the official MUFG Intime IPO allotment portal.
- Select Behari Lal Engineering IPO from the available IPO list.
- Choose PAN Number, Application Number or DP/Client ID.
- Enter the required details.
- Submit the information to view the allotment status.
Through Stock Exchange
- Visit the relevant BSE or NSE IPO status facility.
- Select Behari Lal Engineering IPO.
- Enter your PAN Number or application details.
- Complete the required verification.
- Submit the information to check the allotment result.
The basis of allotment was finalised on August 17, 2026, while refunds and share credits were completed on August 18, 2026.
Behari Lal Engineering IPO Conclusion
Behari Lal Engineering IPO provided investors with an opportunity to participate in an established integrated iron and steel manufacturing company with a diversified range of specialised products.
The company has demonstrated consistent growth in revenue and profitability. Total income increased from ₹449.96 crore in FY2024 to ₹546.52 crore in FY2026, while profit after tax increased from ₹35.79 crore to ₹64.64 crore during the same period.
Its integrated manufacturing capabilities, specialised product portfolio, diversified industrial applications, established customer relationships and relatively low leverage are important strengths.
The company also plans to invest IPO proceeds in machinery, manufacturing infrastructure and rooftop solar installations. These investments may support capacity expansion and operational efficiency.
However, investors should consider the cyclical nature of the steel industry, fluctuations in raw material and energy costs, competition, customer concentration and execution risks associated with manufacturing expansion.
The IPO received strong investor interest and was subscribed 108.44 times overall. The shares subsequently listed at ₹465 on the NSE and ₹458 on the BSE against the issue price of ₹285.
While the strong listing demonstrates positive market sentiment, investors should focus on the company’s long-term earnings growth, margins, capacity utilisation, cash flows and ability to maintain its competitive position.
A detailed assessment of the company’s financial performance, valuation, manufacturing capabilities, industry outlook and risk factors can help investors make informed investment decisions.
Behari Lal Engineering IPO FAQs
What is Behari Lal Engineering IPO?
Behari Lal Engineering IPO was the Mainboard public issue of Behari Lal Engineering Limited, an integrated iron and steel manufacturing company producing specialised steel products for industrial and engineering applications.
What was the Behari Lal Engineering IPO Price?
The Behari Lal Engineering IPO price band was ₹271 to ₹285 per equity share. The final issue price was ₹285 per share.
What was the Behari Lal Engineering IPO issue size?
The total issue size was approximately ₹301.62 crore, comprising a fresh issue of ₹93 crore and an Offer for Sale of approximately ₹208.62 crore.
What was the Behari Lal Engineering IPO Lot Size?
The Behari Lal Engineering IPO Lot Size was 52 equity shares. At the upper price band of ₹285, one lot required an investment of ₹14,820.
When did the Behari Lal Engineering IPO open and close?
The IPO opened for subscription on August 12, 2026 and closed on August 14, 2026.
What was the Behari Lal Engineering IPO GMP?
The final reported Behari Lal Engineering IPO GMP was around ₹133 per share before listing. GMP is an unofficial market indicator and does not guarantee the actual listing price.
What was the Behari Lal Engineering IPO Subscription Status?
The IPO was subscribed approximately 108.44 times overall. QIBs subscribed 165.33 times, NIIs 165.32 times and retail investors 53.27 times.
When was Behari Lal Engineering IPO listed?
Behari Lal Engineering shares were listed on BSE and NSE on August 19, 2026. The shares opened at ₹458 on BSE and ₹465 on NSE against the issue price of ₹285.
Who was the registrar for Behari Lal Engineering IPO?
MUFG Intime India Private Limited was the registrar to the Behari Lal Engineering IPO.
What does Behari Lal Engineering Limited do?
Behari Lal Engineering Limited manufactures customised iron and steel products including metal rolls, engineering castings, alloy steel products, forging ingots, forged shafts and blocks for automotive, infrastructure, steel, mining, cement, power and other industrial applications.
