Behari Lal Engineering Limited

Total Issue Size

₹301.62 Cr

1,05,83,158 shares

Fresh Issue

₹93 Cr

32,63,157 shares

Offer for Sale

₹208.62 Cr

73,20,001 shares

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

BSE, NSE

Shares Pre-Issue

3,90,39,325

Shares Post-Issue

4,23,02,482

1. Offer opens

   12 Aug 2026

2. Offer closes

   14 Aug 2026

3. Allotment

   17 Aug 2026

4. Listing

   19 Aug 2026

• Anchor30.0%31,74,946 shares
• QIB20.0%21,16,632 shares
• HNI15.0%15,87,474 shares
• Retail35.0%37,04,106 shares

Incorporated in 1995, Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company specialising in customised engineering solutions. The company manufactures precision-engineered components for critical industrial applications, including metal rolls, engineering castings, alloy steel products, forging ingots and shafts. Metal Rolls across grades such as alloy cast steel, alloy steel base adamite, graphitic steel, and S.G. iron pearlitic. Engineering Castings ranging from 500 kg to 20 MT for industries such as steel, iron, mining, aggregate crushers, power, and sugar. Alloy Steel Products, including carbon, alloy, and stainless steel bars in sections such as rounds, flats, hex, and round corner squares, with sizes from 6 mm to 230 mm, along with tool and valve steel. Forging Ingots and Forged Shafts/Blocks for use as raw materials in open-die and closed-die forging applications. As of March 31, 2026, the company has catered to 1825 domestic and international customers. Its customer base includes Amba Shakti Industries, BMW Industries, Shyam Metallics and Energy, Laxcon Steels, MSP Steel & Power, Jai Balaji Industries, Propel Industries, and Metso India, among others. The manufacturing operations comprise two units in Mandi Gobindgarh, Punjab. As of May 31, 2026, the company's order book stood at Rs 1,785.69 million. Competitive Strengths: Long standing relationships with a large number of customers spread across a wide array of end-user industries Diversified product portfolio catering to varied application industries Strategically located Manufacturing Facilities with advanced equipment and robust overlapping processes Experienced promoters and management team Track record of financial performance and consistent growth

• 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 (₹19.59 Cr)
• purchase and installation of new roof-top solar panels at Manufacturing Facility 1 (₹3.40 Cr)
• purchase and installation of new equipment / machinery along with civil work for such installation at Manufacturing Facility 2 (₹36.65 Cr)
• purchase and installation of new roof-top solar panels at Manufacturing Facility 2 (₹3.40 Cr)
• Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company (₹0.57 Cr)
• General Corporate Purposes (₹19.06 Cr)
• Issue Expenses (₹31.97 Cr)

• <p>Parkash Chand Garg
• Rajesh Garg
• Dinesh Garg
• Lovlish Garg
• Bhuvnesh Garg</p>

Book running lead managers

• Emkay Global Financial Services Ltd.
• Systematix Corporate Services Ltd.

Registered office

Village Salani, Amloh Road, Mandi Gobindgarh, Fatehgarh Sahib, Punjab, 147301

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