An overview of Behari Lal Engineering Limited covering its company fundamentals, financial performance, IPO metrics, DRHP/RHP disclosures, and Grey Market Premium (GMP):
ЁЯПв Company Fundamentals & Business Overview
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Core Business: Incorporated in 1995, Behari Lal Engineering Limited is an integrated iron and steel manufacturing company. It specializes in providing customized, precision-engineered metal products for critical industrial applications.
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Product Portfolio: Produces metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts.
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Manufacturing Capacity: Operates two integrated manufacturing units in Mandi Gobindgarh, Punjab, featuring a steel melting shop with vacuum degassing (VD), ferrous foundry, heat treatment, and machine shops.
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Clientele & Scale: Has served over 1,820 domestic and international customers, including Shyam Metallics, Amba Shakti Industries, BMW Industries, Laxcon Steels, and Metso India.
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Order Book: Reported a robust order book standing at тВ╣178.57 Crore (as of May 2026).
ЁЯУК Financial Overview (Restated Consolidated)
| Metric / Financial Year | FY 2025 | FY 2026 |
| Total Revenue | тВ╣516.30 Cr | тВ╣546.52 Cr |
| YoY Revenue Growth | тАФ | +5.85% |
| Profit After Tax (PAT) | тВ╣52.95 Cr | тВ╣64.64 Cr |
| YoY PAT Growth | тАФ | +22.08% |
ЁЯЧУя╕П IPO Key Details & Timelines
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IPO Bidding Dates: August 12, 2026 тАУ August 14, 2026
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Price Band: тВ╣271 to тВ╣285 per equity share
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Total Issue Size: тВ╣301.62 Crore
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Fresh Issue: тВ╣93.00 Crore (33 lakh shares)
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Offer for Sale (OFS): тВ╣208.62 Crore (73 lakh shares)
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Face Value: тВ╣1 per equity share
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Lot Size: 52 Shares (Minimum Retail Investment: тВ╣14,820 at the upper price band)
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Tentative Allotment Date: August 17, 2026
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Tentative Listing Date: August 19, 2026 (BSE & NSE)
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Registrar: MUFG Intime India Pvt. Ltd.
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Book Running Lead Manager: Emkay Global Financial Services Ltd.
ЁЯОп Use of Net Fresh Issue Proceeds (RHP Disclosures)
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тВ╣63.61 Crore allocated towards:
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Expansion and strengthening of manufacturing capabilities via new plant & machinery at Facilities 1 & 2.
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Installation of rooftop solar panels to boost energy efficiency and cut power costs.
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Prepayment or repayment of outstanding company borrowings.
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General corporate purposes.
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ЁЯУИ Grey Market Premium (GMP) Details
(Early un-official market estimates prior to issue open)
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Estimated Grey Market Premium (GMP): ~тВ╣25 тАУ тВ╣30 per share
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Estimated Listing Price: тВ╣310 тАУ тВ╣315 per share
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Expected Listing Gain: +8.8% to +10.5% over the upper price band of тВ╣285.
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Grey Market Premium (GMP) Notice: Figures regarding Grey Market Premium (GMP), Kostak rates, and subject-to-sauda deals reflect unofficial, unregulated over-the-counter market sentiment. These figures do not guarantee exchange listing prices or actual trading outcomes. Always evaluate official Draft Red Herring Prospectus (DRHP / RHP) documents filed with BSE/NSE and consult a certified financial advisor prior to executing financial bidding decisions.