Behari Lal Engineering Limited

Minimum Investments

₹14,092

Price Range

₹271 - ₹285

Issue Size

₹301.62 Cr

Lot Size

52shares

Proceeds of this IPO to be used for

Funding capital expenditure requirement for the purchase and installation of a new manufacturing facility 1

Funding capital expenditure requirement for the purchase and installation of a new manufacturing facility 2

Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company

General corporate purposes

Strengths & Weaknesses

Diversified product portfolio

The company’s diversified product portfolio includes Metal Rolls, Engineering Castings, Alloy Steel Products, and Forging Ingots & Forged Shafts/Blocks, serving over 10 industries such as aerospace & defence, automotive, cement, infrastructure, power, and railways

Strong market presence

The company began as a steel trader in 1995 and later became a steel manufacturer, leveraging over two decades of experience to develop robust manufacturing processes trusted by discerning customers. It is led by third-generation promoters, whose combined experience spans over 100 years, enabling the company to serve prominent steel manufacturers across India

Geographical advantage

The company’s manufacturing facility in Mandi Gobindgarh, Punjab, spans approximately 790,000 sq. ft. across two units, with a total capacity of 119,464 MT (54,464 MT for finished steel processing and 65,000 MT for rolling mills). Strategically located in one of India’s oldest steel hubs, the facility benefits from excellent connectivity via highways, dry ports, and an international airport, enabling efficient transportation of raw materials and finished goods

Inventory risks

Failure to effectively manage inventory may negatively impact the company’s business, revenue, and financial condition. As a manufacturing entity, poor inventory management can lead to material losses, operational disruptions, and higher costs

Quality & timely delivery

The company’s business relies on delivering products that meet agreed specifications within contracted timelines. Failure to maintain quality or delivery schedules may harm its reputation, lead to customer losses, and incur replacement costs

Exchange rate fluctuations

Exchange rate fluctuations may negatively impact the company’s operations and increase manufacturing costs. The company exports to 15 countries across 5 continents and imports certain raw materials from Canada, China, and the UAE

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)	Mar 2026	Y/Y Change
Operating Revenue	534.02	+5.14%
Other Income	12.49	+48.87%
Total Income	546.52	+5.85%
Total Expenditure	459.94	+2.91%
EBIDT	101.33	+24.62%
Depreciation	13.25	+25.12%
Interest	1.49	+9.56%
Tax	21.95	+33.76%
Net Profit	64.64	+22.08%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)	Mar 2026
Total Current Assets	251.18
Total Non-Current Assets	116.69
Fixed assets	99.78
Total Assets	367.87
Total Current liabilities	58.73
Total Non Current Liabilities	3.04
Total Equity Plus Liabilities	367.87
Total Shareholder Funds	306.10
Total Debt to Equity	6.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)	Mar 2026
Cash from Operating Activity	27.54
Cash from Financing Activities	8.71
Cash from Investing Activities	-37.56
Net Cash Flow	-1.32

About the Company

Behari Lal Engineering was incorporated on May 23, 1995. The company is an integrated iron and steel manufacturer specialising in customised engineering solutions, including metal rolls, alloy steel products, castings, forging ingots, and forged shafts/blocks. With advanced facilities and a skilled workforce, it supplies precision-engineered components for industries such as automotive, steel, mining, infrastructure, power, aerospace, defence, and cement

Promoter
Parkash Chand Garg
Promoter
Rajesh Garg
Promoter
Dinesh Garg
Promoter
Lovlish Garg
Promoter
Bhuvnesh Garg

FAQs for Behari Lal Engineering Limited IPO

Behari Lal Engineering Limited IPO refers to the initial public offering of shares by Behari Lal Engineering Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Behari Lal Engineering Limited IPO the issue size is ₹302 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Behari Lal Engineering Limited IPO the minimum investment is ₹14.1 K. The minimum investment for Behari Lal Engineering Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Behari Lal Engineering Limited IPO the lot size is 52 shares. The lot size of Behari Lal Engineering Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Behari Lal Engineering Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Behari Lal Engineering Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Behari Lal Engineering Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Behari Lal Engineering Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Behari Lal Engineering Limited IPO the allotment date is 17 Aug 2026. The allotment date of Behari Lal Engineering Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Behari Lal Engineering Limited IPO, the subscription opens on 12 Aug 2026 and closes on 14 Aug 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.