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InvestmentsIPOBehari Lal Engineering IPO

Behari Lal Engineering IPO

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Open Date

12 Aug 2026

Close Date

14 Aug 2026

Min Investment

₹ 14,820

Lot Size

52

Issue Size

₹ 301.62 Cr

Price Range

₹ 271 - ₹ 285

Subscribed

-
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status

This IPO is Open for Pre Apply.

IPO Timeline
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IPO Offer Start
12 Aug 2026
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IPO Offer Ends
14 Aug 2026
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Allotment Finalisation
17 Aug 2026
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Refund Initialisation
18 Aug 2026
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Non-Institutional Buyers (sHNI)
18 Aug 2026
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Listing of Shares
19 Aug 2026
IPO Subscription Details as on 12 Aug 2026, 09:41 AM

No Subcription Details for this IPO

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will appear here

Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
The company is an integrated iron and steel manufacturing company specializing in customized engineering solutions. According to CRISIL, the company is one of India's largest metal rolls producers and a leading player in the metal rolls market, meeting 10.00-11.5% of the country's demand in Fiscal 2026. The company's precision engineered components include Metal Rolls, Engineering Castings, Alloy Steel Products, and Forging Ingots and Forged Shafts/Blocks, which find application across diverse industries such as automobile, steel, mining, infrastructure and construction, power, aerospace and defence, and cement.
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Founded In

1995

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Director

Parkash Chand Garg

Financials of Behari Lal Engineering IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue446.08507.91534.02
Other Income3.878.3912.49
Total Income
449.96516.30546.52
Total Expenses
400.04446.94459.94
Profit Before Tax49.9269.3686.58
Total Profit
35.7952.9564.64

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes to purchase and install new equipment/machinery (including computers, printers and computer peripherals) along with civil work for such installation and roof-top solar panels at Village Salani, Amloh Road, Mandi Gobindgarh, Punjab to enhance machining capacity for metal rolls and improve quality and checking methodology.23
The company proposes to purchase and install new equipment/machinery along with civil work for such installation and roof-top solar panels at Village Turan, Amloh Road, Mandi Gobindgarh, Punjab to increase heat treatment and forging capacity and improve quality and checking methodology.40
The company proposes to utilize funds for full or partial repayment or pre-payment of certain fund based borrowings to help deleverage the company, maintain optimal debt-equity ratio, improve return on capital employed and enable utilization of internal accruals for business growth.1
The company proposes to utilize funds for general corporate purposes including meeting ongoing corporate exigencies, working capital requirements, strategic initiatives, building dedicated sales and management teams, business development initiatives and other expenses as approved by the Board from time to time.-
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  • Long standing relationships with a large number of customers spread across a wide array of end-user industries with stringent qualification processes: The company has catered to 1,825 customers as of March 31, 2026, with 62.98% customer retention rate and revenue from repeat customers at 84.69% (₹4,522.77 million) in Fiscal 2026.
  • Diversified product portfolio catering to varied application industries: The company manufactures four main product categories - Metal Rolls (26.35% revenue), Engineering Castings (19.54% revenue), Alloy Steel Products (45.81% revenue), and Forging Ingots serving over 10 industries.
  • Strategically located Manufacturing Facilities with advanced equipment and robust overlapping processes which enables high capacity utilisation: The company operates 2 manufacturing facilities in Mandi Gobindgarh with combined installed capacity of 119,690 MT and achieved 87.71% capacity utilization in Fiscal 2026.
  • Robust presence in the steel manufacturing industry leveraging on the legacy and experience of our Promoters and strong domain expertise of our management team: The company has over 2 decades of experience in steel industry with founder Parkash Chand Garg having 30 years as director and management team with extensive industry experience.
  • Track record of financial performance and consistent growth: The company achieved revenue CAGR of 9.41% and PAT CAGR of 34.38% between Fiscal 2024-2026, with revenue of ₹5,340.25 million and PAT of ₹646.36 million in Fiscal 2026.

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SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
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