Behari Lal Engineering IPO Price Band Fixed at ₹271–₹285; Issue Opens on August 12, 2026

Behari Lal Engineering Limited has fixed the price band for its Initial Public Offering (IPO) at ₹271 to ₹285 per equity share. The book-built issue will open for subscription on Wednesday, August 12, 2026, and close on Friday, August 14, 2026. 

The IPO comprises a fresh issue of ₹93 crore and an Offer for Sale (OFS) of 73.20 lakh equity shares. The anchor investor allocation is scheduled for August 11, 2026, a day before the issue opens. 

Behari Lal Engineering IPO: Price Band and Key Dates 

Investors can bid for a minimum of 52 equity shares and in multiples of 52 shares thereafter. 

Key IPO details: 

Read More: SEBI FY26 Report: India Tops Global IPO Count, Ranks Third in IPO Fundraising 

How the Company Plans to Use IPO Proceeds 

The company intends to utilise the net proceeds from the fresh issue to: 

About Behari Lal Engineering 

Behari Lal Engineering is an integrated iron and steel manufacturing company that provides customised engineering products, including metal rolls, engineering castings, alloy steel products, forging ingots, shafts and precision engineered components. 

The company serves customers across industries, including Shyam Metalics and Energy, BMW Industries, Jai Balaji Industries, Propel Industries, Metso India and others. 

As of May 31, 2026, the company reported an order book of ₹1,785.69 million, providing visibility into future business. 

Conclusion 

Behari Lal Engineering's IPO will open for subscription on August 12, 2026, with a price band of ₹271–₹285 per share. The company plans to use the fresh issue proceeds to expand its manufacturing facilities, install solar infrastructure and reduce debt, while the IPO also includes an OFS by existing shareholders. 

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