Behari Lal Engineering IPO Details, Financials, Valuation & Peers
Explore Behari Lal Engineering IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Company Overview: Behari Lal Engineering Ltd.
Incorporated in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company that specializes in providing customized engineering solutions. Operating from two facilities in Mandi Gobindgarh, Punjab, the company produces precision-engineered components for critical applications across the steel, iron, mining, power, sugar, and aggregate crusher industries.
Core Products and Services
- Metal Rolls: A range of grades, including alloy cast steel, graphitic steel, and S.G. iron pearlitic.
- Engineering Castings: Components ranging from 500 kg to 20 MT.
- Alloy Steel Products: Carbon, alloy, and stainless steel bars (rounds, flats, hex, and square) ranging from 6 mm to 230 mm, plus tool and valve steel.
- Forging Materials: Forging ingots and forged shafts/blocks for open and closed-die forging applications.
Key Highlights
- Production Capacity: The company maintains a combined installed capacity of 119,464 MT across 790,000 sq. ft. of manufacturing space.
- Extensive Clientele: As of March 2025, the company has served 1,681 domestic and international customers, including major firms such as Shyam Metallics and Energy, MSP Steel & Power, and Metso India.
- Workforce: As of August 2025, the company employs 774 trained professionals.
- Manufacturing Scale: Operations comprise a finished steel processing capacity of 54,464 MT and a rolling mill capacity of 65,000 MT.
Objects of the Issue
- Funding capital expenditure requirement for purchase and installation of new equipment / machinery (including computers, printers and computer peripherals) along with civil work for such installation at Manufacturing Facility 1
- purchase and installation of new roof-top solar panels at Manufacturing Facility 1
- purchase and installation of new equipment / machinery along with civil work for such installation at Manufacturing Facility 2
- purchase and installation of new roof-top solar panels at Manufacturing Facility 2
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Aug - 14 Aug 2026 |
| IPO Price Band | ₹271 - ₹285 per share |
| Fresh Issue | ₹93.00 crore |
| Offer For Sale | ₹208.62 crore |
| Total IPO Size | ₹301.62 crore |
| Face Value | ₹10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Aug 2026 |
| IPO Closing Date | 14 Aug 2026 |
| Basis Of Allotment | 17 Aug 2026 |
| Refunds | 18 Aug 2026 |
| Demat Transfer | 18 Aug 2026 |
| IPO Listing Date | 19 Aug 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 262.08 | 295.98 | 367.87 |
| Total Income | 449.96 | 516.30 | 546.52 |
| Profit After Tax | 35.79 | 52.95 | 64.64 |
| EBITDA | 60.99 | 81.31 | 101.32 |
| NET Worth | 193.66 | 241.62 | 306.10 |
| Reserves and Surplus | 186.13 | 233.81 | 267.06 |
| Total Borrowing | 41.21 | 7.58 | 17.78 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Behari Lal Engineering Ltd. | 17.21 | 16.56 | 21.12% | 78.41 |
| Kennametal India Ltd. | 62.02 | 46.82 | 13.7% | 340.02 |
| IFGL Refractories Ltd. | 43.46 | 4.81 | 7.93% | 163 |
| Vardhman Special Steel Ltd. | 23.19 | 13.13 | 9.59% | 132.11 |
| RHI Magnesita India Ltd. | -18.54 | -10.81% | 172.42 | |
| Steelcast Ltd. | 37.99 | 8.58 | 21.89% | 39.03 |
| AIA Engineering Ltd. | 34.43 | 136.11 | 15.53% | 859.98 |
| Jayaswal Neco Industries Ltd. | 18.48 | 4.77 | 16.39% | 29.26 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- 1Systematix Corporate Services Ltd.
- 2Emkay Global Financial Services Ltd.
Company Address
Behari Lal Engineering Ltd.Village Salani
Amloh Road
Mandi Gobindgarh
Fatehgarh Sahib, Punjab – 147301
Website: https://www.beharilalengineer/
Phone: +91 17655 20694
Email: cs@beharilalgroup.co
FAQs
- What is the issue size of the Behari Lal Engineering IPO?The Behari Lal Engineering IPO has an issue size of ₹301.62 crore. This includes a fresh issue of ₹93.00 crore and an offer for sale (OFS) of ₹208.62 crore.
- What is the price band of the Behari Lal Engineering IPO?The price band for the Behari Lal Engineering IPO is ₹271 - ₹285 per share.
- What are the bidding dates for the Behari Lal Engineering IPO?The Behari Lal Engineering IPO will open for bidding on 12 Aug 2026 and close on 14 Aug 2026.
- What is the allotment date for the Behari Lal Engineering IPO?The allotment date for the Behari Lal Engineering IPO is 17 Aug 2026.
- What is the listing date for the Behari Lal Engineering IPO?The listing date for the Behari Lal Engineering IPO is 19 Aug 2026.
- What is the Behari Lal Engineering IPO grey market premium?The grey market premium (GMP) for the Behari Lal Engineering IPO is currently at ₹30, with an expected listing gain of approximately 10.53%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.