What is the total issue size of the Behari Lal Engineering IPO?

The total issue size is ₹301.62 Crore, consisting of a fresh issue of ₹93.00 Crore and an Offer for Sale (OFS) of ₹208.62 Crore.

What is the price band for Behari Lal Engineering IPO?

The price band for the IPO is set between ₹271.00 and ₹285.00 per equity share.

What are the key dates for Behari Lal Engineering IPO?

The IPO opens for subscription on August 12, 2026, and closes on August 14, 2026. Allotment is expected on August 17, 2026, and tentative listing is set for August 19, 2026.

How will Behari Lal Engineering use the fresh issue proceeds?

The company intends to use fresh issue proceeds to purchase and install new equipment/machinery (₹56.24 Cr total across units), set up rooftop solar panels (₹6.80 Cr total), repay existing debt (₹0.57 Cr), and for general corporate purposes.

What is Behari Lal Engineering's market share in metal rolls?

According to CRISIL, Behari Lal Engineering is one of India's largest metal roll producers, supplying approximately 10% of the country's demand in Fiscal 2024.

What are the main financial metrics of Behari Lal Engineering for FY26?

For FY26, Behari Lal Engineering reported revenue of ₹534.02 Crore, EBITDA of ₹101.32 Crore, PAT of ₹64.64 Crore, an ROE of 21.12%, and a Debt-to-Equity ratio of 0.06x.

Who are the lead managers and registrar for the Behari Lal Engineering IPO?

The book-running lead managers are Systematix Corporate Services Limited and Emkay Global Financial Services Limited. The registrar is MUFG Intime India Private Limited (formerly Linkintime).

Is Behari Lal Engineering stock good for long term?

Based on our AI analysis, Behari Lal Engineering has a financial score of N/A/100 and a market potential score of N/A/100.

What is the lot size of Behari Lal Engineering stock?

Use the ViewIPO Lot Size Calculator to instantly find the exact lot size and maximum investment limits for Retail, sHNI, and bHNI categories for Behari Lal Engineering.

Behari Lal Engineering Share Price & Stock Analysis

Name: Behari Lal Engineering Stock
Brand: Behari Lal Engineering
Rating: 3.8 (1 reviews)

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Behari Lal EngineeringNSE / BSE:

Analyzed by ViewIPO Financial Research Team

Steel & Iron ManufacturingIndia•Filed 2026-08-12•Listed 2026-08-19•Size ₹301.29Cr

The total amount of money the company is trying to raise from the public through this IPO.

•Lot Size 52

The minimum number of shares an investor must bid for in an IPO.

•Listing Price ₹418

The estimated or final price at which the shares will start trading on the stock exchange.

Listing Return

The percentage gain or loss on the listing day compared to the original IPO issue price.

₹133.01 (+46.67%)

Live Subscription

How many times the IPO has been demanded by investors. E.g., 10x means investors want 10 times more shares than available.

118.07x Total

Check Allotment

Status Link

Is Behari Lal Engineering a Good Stock? Quick Verdict

Behari Lal Engineering IPO scored 63/100 (Moderate Risk) in our deep analysis. The strongest pillar is Financial at 80/100, while Competition is the primary concern at 35/100. Behari Lal Engineering Limited presents strong financial fundamentals with robust return ratios (ROE 21.12%, ROCE 27.11%) and negligible debt, though the IPO structure is heavily weighted toward an Offer for Sale.

Stock Score

63/100

Moderate Risk

Quick Verdict

Exceptional capital efficiency with ROE of 21.12% and ROCE of 27.11% in FY26.

Virtually debt-free balance sheet with a Debt-to-Equity ratio of 0.06x.

Increasing share of high-value products, reaching 57.78% of operational revenue in FY26.

Heavy Offer for Sale component comprising 69.17% of the total IPO size.

Geographic concentration of manufacturing operations in Mandi Gobindgarh, Punjab.

Company Snapshot

Revenue (TTM)

Total money brought in by the company's operations before deducting any expenses.

₹534.02Cr↑ 5.14% YoY

Profitability

The company's total profit after all expenses, taxes, and costs have been deducted.

PositiveNet Income ₹64.64Cr

Gross Margin

—

Market Cap

—Pending Data

Issue Size

The total amount of money the company is trying to raise from the public through this IPO.

₹301.29Cr

Industry

Steel & Iron Manufacturing

P/E Ratio

Price-to-Earnings. How much you pay for ₹1 of company profit. A high P/E might mean the stock is expensive.

18.65xValuation Multiple

Return on Equity

Return on Equity. Shows how efficiently the company generates profit using the shareholders' money.

21.12%Profitability

Debt to Equity

Shows how much debt the company has compared to its own funds. >1 means more debt than equity.

0.06xLeverage

Risk Breakdown

Governance

Moderate

Financial

Excellent

Valuation

Moderate

Competition

High Risk

Dilution

Expensive

Promoter / Mgmt

Moderate

AI Summary

Behari Lal Engineering Limited is a Mandi Gobindgarh-based integrated iron and steel manufacturing enterprise specializing in precision metal rolls, engineering castings, and alloy steel products. The company accounts for approximately 10% of India's total metal roll demand and exports to 21 countries worldwide. Financially, Behari Lal Engineering Limited has shown continuous PAT expansion from ₹35.79 Cr in FY24 to ₹64.64 Cr in FY26, backed by a low debt-to-equity ratio of 0.06x. The ₹301.62 Cr public offering consists of a ₹93.00 Cr fresh issue to fund equipment, solar power expansion, and debt repayment, alongside a ₹208.62 Cr Offer for Sale.

Overall Verdict: Behari Lal Engineering Limited presents strong financial fundamentals with robust return ratios (ROE 21.12%, ROCE 27.11%) and negligible debt, though the IPO structure is heavily weighted toward an Offer for Sale.

Key Highlights

•Ranks among India's largest producers of metal rolls, fulfilling ~10% of domestic demand in FY24 according to CRISIL.
•Revenue from operations grew from ₹446.08 Cr in FY24 to ₹507.91 Cr in FY25 and ₹534.02 Cr in FY26.
•PAT expanded at a strong pace from ₹35.79 Cr in FY24 to ₹64.64 Cr in FY26.
•High revenue sticky client base, with repeat customers generating 84.69% of revenue from operations in FY26.
•Supplies precision-engineered industrial components across 21 countries internationally.
•Holds extensive quality and industrial certifications including ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, BIS licence, and Central Boilers Board approval.

Financial Performance

Revenue (Annual)
Total money brought in by the company's operations before deducting any expenses.

↑ +5.1% YoY

INR in Crores

Net Income (Annual)
The company's total profit after all expenses, taxes, and costs have been deducted.

↑ +22.1% YoY

INR in Crores

EBITDA vs PAT
Earnings Before Interest, Taxes, Depreciation, and Amortization. Shows pure operating performance.

↑ +24.6% YoY

INR in Crores

EBITDA

PAT

Listing Timeline

IPO Opens2026-08-12

IPO Closes2026-08-14

Basis of Allotment2026-08-17

Refunds & Demat2026-08-16

Listing Date2026-08-19

Valuation Analysis

Issue Price₹285

Estimated Fair Value

The theoretical true worth of the company based on its financial performance and peers.

Pending Data

Valuation Premium

How much more expensive this IPO is compared to its estimated fair value or its industry peers.

Pending

vs Fair Value

Stock DNA

Growth

Evaluates the company's historical and projected revenue and profit expansion.

Governance

Assesses the quality, transparency, and track record of the company's management team.

Profitability

Measures how effectively the company turns its sales into actual profit.

Valuation

Analyzes whether the IPO price is cheap, fair, or expensive compared to peers.

Competition

Evaluates the company's market share, moats, and competitive threats in its industry.

Execution

Assesses the company's ability to successfully utilize IPO proceeds and deliver on its promises.

Pros vs Cons

Pros

Consistent growth in top-line revenue (reaching ₹534.02 Cr in FY26) and profit after tax (reaching ₹64.64 Cr in FY26).
High return metrics with an ROE of 21.12% and ROCE of 27.11%.
Strong client retention with repeat customers contributing 84.69% of operational revenues.
Growing contribution from high-value product offerings (up to 57.78% of sales in FY26).
Ultra-low debt leverage with a Debt-to-Equity ratio of 0.06x.

Cons

Significant portion of the IPO proceeds (₹208.62 Cr out of ₹301.62 Cr) is an Offer for Sale by selling shareholders.
Operational concentration risk with existing facilities located in Mandi Gobindgarh, Punjab.
Cyclical and raw material cost volatility inherent in the iron and steel manufacturing sector.
High fixed operational infrastructure costs.

Financial Health

Revenue Growth

The year-over-year percentage increase in the company's total sales.

9.4% 2-Year CAGR (FY24 to FY26) (Good)

Debt Level

An assessment of whether the company's borrowing is manageable or risky.

Debt to Equity of 0.06x (Excellent)

Institutional Signals

Anchor Investors

Large institutional investors who buy shares before the IPO opens to the public, signaling confidence.

Undisclosed

VC Backing Tier

Whether renowned Venture Capital or Private Equity firms have invested in the company.

None

Founder Ownership

The percentage of the company still owned by its original founders after the IPO.

47.39%

Strategic Partners

Key business alliances that give the company a competitive edge.

Tier 2

Behari Lal Engineering IPO Reddit Pulse & Sentiment

Real-time Reddit discussions & retail sentiment

AI Sentiment Summary

"The overall community sentiment appears to be 'Highly Bullish' as many users are excited about the upcoming Behari Lal IPO and are eager to apply."

BEHARI LAL ENG IPO DETAILS

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IPOs application priority wise

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With ₹15k, you only get ONE shot this week — don't waste it on the wrong IPO

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Disclaimer: These are raw community discussions aggregated from public forums. The AI summary and Reddit comments do not constitute financial advice. Always conduct your own independent research.

Behari Lal Engineering Stock — Frequently Asked Questions

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Market Terminology Explained

Confused by terms like GMP, Kostak, or Subject to Sauda? Read our detailed guides in the IPO Glossary to understand the terminology before you invest.

Grey Market Premium (GMP)Subject to Sauda ASBA Offer for Sale (OFS)

View Full Glossary

Source Citation: All financial data and risk metrics are derived from the official prospectus filed with the regulator (SEBI DRHP/RHP). ViewIPO algorithms process this public data for informational purposes. Not financial advice.

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Frequently Asked Questions about Behari Lal Engineering

What is the expected listing price of Behari Lal Engineering?

The expected listing price depends on the live Grey Market Premium. Check the live GMP and expected listing price for Behari Lal Engineering on our Live GMP Tracker.

Behari Lal Engineering Share Price & Stock Analysis

Quick Answers

Key Stock Information

ViewIPO AI Analysis Score

Frequently Asked Questions

What is the total issue size of the Behari Lal Engineering IPO?

What is the price band for Behari Lal Engineering IPO?

What are the key dates for Behari Lal Engineering IPO?

How will Behari Lal Engineering use the fresh issue proceeds?

What is Behari Lal Engineering's market share in metal rolls?

What are the main financial metrics of Behari Lal Engineering for FY26?

Who are the lead managers and registrar for the Behari Lal Engineering IPO?

Behari Lal EngineeringNSE / BSE:

Is Behari Lal Engineering a Good Stock? Quick Verdict

Quick Verdict

Company Snapshot

Risk Breakdown

AI Summary

Key Highlights

Financial Performance

Revenue (Annual) Total money brought in by the company's operations before deducting any expenses.

Net Income (Annual) The company's total profit after all expenses, taxes, and costs have been deducted.

EBITDA vs PAT Earnings Before Interest, Taxes, Depreciation, and Amortization. Shows pure operating performance.

Listing Timeline

Valuation Analysis

Stock DNA

Pros vs Cons

Pros

Cons

Financial Health

Institutional Signals

Behari Lal Engineering IPO Reddit Pulse & Sentiment

AI Sentiment Summary

Behari Lal Engineering Stock — Frequently Asked Questions

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Want to analyze another stock or IPO?

Frequently Asked Questions about Behari Lal Engineering

Is Behari Lal Engineering stock good for long term?

What is the lot size of Behari Lal Engineering stock?

What is the expected listing price of Behari Lal Engineering?

Revenue (Annual)
Total money brought in by the company's operations before deducting any expenses.

Net Income (Annual)
The company's total profit after all expenses, taxes, and costs have been deducted.

EBITDA vs PAT
Earnings Before Interest, Taxes, Depreciation, and Amortization. Shows pure operating performance.