Behari Lal Engineering IPO: Listing Date, GMP, Price Band and Latest News
By Kaushik Brahmakshatriya
Published On 18 August 2026.
Behari Lal Engineering IPO
The Behari Lal Engineering IPO has become one of the most talked-about mainboard listings of August 2026. With bidding closed on August 14 and listing scheduled for August 19 on both BSE and NSE, investors are closely tracking its grey market premium, subscription numbers and allotment status. This article covers everything you need to know about this steel and engineering components IPO before it debuts on the stock exchanges.
Company Profile & Business Operations
Incorporated in 1995, Behari Lal Engineering Limited (BLEL) is an integrated iron and steel manufacturing company based in Mumbai, specialising in customised engineering solutions. The company produces precision-engineered components used across heavy industries, including metal rolls, engineering castings, alloy steel products, forging ingots and forged shafts and blocks. Its client base spans steel, iron, mining, aggregate crushing, power and sugar sectors, reflecting a diversified and industrially resilient order book.
With more than two decades of manufacturing experience, BLEL operates a fully integrated production ecosystem that includes a digital steel melting shop, ladle refining furnace, vacuum degassing unit, foundry, heat treatment facility, machine shops and rolling mills. The company serves 1,825 customers and exports to 21 countries across five continents, with repeat customers contributing nearly 85% of FY26 revenue, underlining strong long-term client relationships.
Behari Lal Engineering IPO: Price Band, Important Dates & Key Details
The Behari Lal Engineering IPO is a book-built mainboard issue worth ₹301.62 crore, comprising a fresh issue of ₹93 crore and an offer for sale worth ₹208.62 crore by existing promoters and shareholders. The price band has been fixed at ₹271 to ₹285 per equity share, with a lot size of 52 shares, requiring a minimum retail investment of ₹14,820 at the upper price band.
| Particulars | Details |
| IPO Open Date | August 12, 2026 |
| IPO Close Date | August 14, 2026 |
| Price Band | ₹271 to ₹285 per share |
| Lot Size | 52 shares |
| Issue Size | ₹301.62 crore |
| Allotment Date | August 17, 2026 |
| Listing Date | August 19, 2026 |
| Listing Exchanges | BSE, NSE |
| Registrar | MUFG Intime India Pvt. Ltd |
The company raised ₹90.49 crore from anchor investors on August 11, 2026, with participation from WhiteOak Capital, Bandhan Mutual Fund and Tata AIA Life Insurance among others, signalling healthy institutional confidence ahead of the public issue.
Financial Results & GMP Movement
On the financial front, Behari Lal Engineering reported revenue of ₹546.52 crore in FY26, up from ₹516.30 crore in FY25, while net profit rose to ₹64.64 crore from ₹52.95 crore in the previous year. This steady growth in both top line and bottom line has kept analyst sentiment largely positive.
As of August 18, 2026, the grey market premium for the Behari Lal Engineering IPO stood at around ₹105 per share, an approximate 37% premium over the upper price band, indicating a strong potential listing gain, though GMP figures remain unofficial and can fluctuate until the actual listing.
Frequently Asked Questions FAQ
Q1. What is the price band of Behari Lal Engineering IPO?
The price band is set between ₹271 and ₹285 per equity share.
Q2. When will Behari Lal Engineering IPO list on the stock exchange?
The tentative listing date is August 19, 2026, on both BSE and NSE.
Q3. What is the lot size for retail investors?
The minimum lot size is 52 shares, requiring an investment of ₹14,820 at the upper price band.
Q4. What does Behari Lal Engineering Limited manufacture?
The company manufactures metal rolls, engineering castings, alloy steel products, forging ingots and forged shafts for industrial use.
Conclusion
The Behari Lal Engineering IPO stands out as a solid mainboard offering backed by consistent revenue growth, a diversified customer base and strong anchor investor participation. With healthy grey market premium trends ahead of its listing, market watchers expect a positive debut. Investors should, however, review the company’s risk factors and financials independently before making any investment decision.
Disclaimer
This content is for informational and educational purposes only and is not investment advice. Please consult Sebi Certified financial advisor before making investment decisions.We are not responsible any financial loss.
