Behari Lal Engineering Shares List at 61% Premium on NSE
Behari Lal Engineering made a strong stock market debut on Wednesday, August 19, 2026, with its shares listing at a 61.40 premium on the NSE. The stock opened at ₹460 apiece on the NSE against its IPO issue price of ₹285 per share. On the BSE, the shares debuted at ₹458 per share, representing a 60.70% premium over the issue price.
The company’s ₹301.62 crore IPO was open for subscription from August 12 to August 14, 2026, and witnessed strong investor interest. The issue was subscribed 108.44 times by the end of the bidding period.
Behari Lal Engineering IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹301.62 crore
- Fresh Issue: Up to ₹93.00 crore
- Offer for Sale (OFS): Up to ₹208.62 crore
- Face Value: ₹10 per equity share
- Price Band: ₹271 to ₹285 per share
- Lot Size: 52 shares
- Minimum Investment Amount (Retail Investor): ₹14,820 (52 shares based on upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Emkay Global Financial Services Limited, Systematix Corporate Services Limited
- Registrar: MUFG Intime India Private Limited
Behari Lal Engineering IPO Overall Subscription Status
[August 14, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
165.33x |
|
Non-Institutional Investors (NIIs) |
165.32x |
|
Retail Individual Investors (RIIs) |
53.27x |
|
Total |
108.44x |
About Behari Lal Engineering Limited
Established in 1995, Behari Lal Engineering Limited is an Indian manufacturer of metal rolls, catering to around 10.0%–11.5% of domestic demand in Fiscal 2026. Its portfolio comprises precision-engineered metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts and blocks for various industrial applications.
The company caters to multiple industries, including steel, mining, power, sugar, automotive, aerospace, oil and gas, and heavy engineering. Its specialised steel and casting solutions are used in a range of industrial manufacturing and infrastructure applications.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
534.03 |
507.91 |
446.08 |
|
EBITDA |
101.33 |
81.31 |
60.99 |
|
Profit After Tax (PAT) |
64.64 |
52.95 |
35.79 |
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