Behari Lal Engineering IPO Review 2026: Listing Dates, Allotment, GMP & Overview

07 Aug 2026
Upcomming IPOs
Behari Lal Engineering IPO Review 2026: Listing Dates, Allotment, GMP & Overview

Behari Lal Engineering IPO is a ₹301.62 crore book-built IPO comprising a ₹93 crore fresh issue and ₹208.62 crore offer for sale. The IPO opens from August 12 to August 14, 2026, with a price band of ₹271 to ₹285 per share. The IPO is proposed to list on NSE and BSE on August 19, 2026, subject to applicable approvals and completion of the IPO process.

Behari Lal Engineering IPO 2026 – Key Details

ParticularsDetails
IPO Open DateAugust 12, 2026
IPO Close DateAugust 14, 2026
Price Band₹271 to ₹285 per share
Face Value₹10 per share
Issue Size₹301.62 crore
Fresh Issue32,63,157 shares aggregating up to ₹93 crore
Offer for Sale73,20,001 shares aggregating up to ₹208.62 crore
Lot Size52 shares
Minimum Retail Investment₹14,820 at the upper price band
Issue TypeBookbuilding IPO
ListingNSE and BSE
Tentative Listing DateAugust 19, 2026
Lead ManagerEmkay Global Financial Services Ltd.
RegistrarMUFG Intime India Pvt. Ltd.

Behari Lal Engineering IPO Important Dates

EventDate
IPO OpenWednesday, August 12, 2026
IPO CloseFriday, August 14, 2026
AllotmentMonday, August 17, 2026
RefundTuesday, August 18, 2026
Credit of SharesTuesday, August 18, 2026
ListingWednesday, August 19, 2026

Behari Lal Engineering IPO Issue Details

ParticularsDetails
Total Issue Size1,05,83,158 shares, aggregating up to ₹301.62 crore
Fresh Issue32,63,157 shares, aggregating up to ₹93 crore
Offer for Sale73,20,001 shares, aggregating up to ₹208.62 crore
Shareholding Pre-Issue3,90,39,325 shares
Shareholding Post-Issue4,23,02,482 shares
Market Cap at Upper Price₹1,205.62 crore

Refer to DRHP for detailed information.

About Behari Lal Engineering Ltd.

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.

Its product portfolio includes metal rolls, engineering castings, alloy steel products, forging ingots and forged shafts and blocks, serving industries such as steel, iron, mining, power, sugar and engineering.

As of March 31, 2026, the company had catered to 1,825 domestic and international customers. Its manufacturing operations comprise two units in Mandi Gobindgarh, Punjab. As of May 31, 2026, its order book stood at ₹178.57 crore.

Behari Lal Engineering Product Portfolio

  • Metal Rolls: Alloy cast steel, alloy steel base adamite, graphitic steel and S.G. iron pearlitic rolls.
  • Engineering Castings: Castings ranging from 500 kg to 20 MT for steel, iron, mining, power, sugar and other industries.
  • Alloy Steel Products: Carbon, alloy and stainless steel bars in multiple sections and sizes, along with tool and valve steel.
  • Forging Products: Forging ingots and forged shafts and blocks used in open-die and closed-die forging applications.

Behari Lal Engineering Competitive Strengths

  • Long-standing relationships with customers across diverse end-user industries.
  • Diversified product portfolio serving multiple application industries.
  • Strategically located manufacturing facilities with advanced equipment and overlapping processes.
  • Experienced promoters and management team.
  • Track record of financial performance and consistent growth.

IPO Allotment & Application Status

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Behari Lal Engineering IPO – Frequently Asked Questions

What is the Behari Lal Engineering IPO size?

Behari Lal Engineering IPO is a ₹301.62 crore book-built issue, comprising a ₹93 crore fresh issue and an offer for sale of ₹208.62 crore.

What is the Behari Lal Engineering IPO price band?

The price band is ₹271 to ₹285 per share.

When will Behari Lal Engineering IPO open and close?

The IPO is scheduled to open on August 12, 2026 and close on August 14, 2026.

What is the Behari Lal Engineering IPO lot size?

The lot size is 52 shares. At the upper price band of ₹285, one retail lot requires an investment of ₹14,820.

When is Behari Lal Engineering IPO allotment?

The tentative IPO allotment date is August 17, 2026.

When will Behari Lal Engineering shares list?

Behari Lal Engineering shares are proposed to list on NSE and BSE on August 19, 2026, subject to applicable approvals and completion of the IPO process.

What does Behari Lal Engineering Ltd. do?

Behari Lal Engineering Ltd. manufactures customised iron and steel products, including metal rolls, engineering castings, alloy steel products, forging ingots and forged shafts and blocks for industrial applications.

Who are the lead manager and registrar of Behari Lal Engineering IPO?

Emkay Global Financial Services Ltd. is the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar of the issue.

Investor Education Hub: Everything You Need to Know About IPOs

Disclaimer: - Investments in IPOs are subject to market risks. Investors should read the Red Herring Prospectus carefully and consult their financial advisor before investing. https://www.mnclgroup.com/research-disclaimer

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    Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad - 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

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    Tel:079-26666500 / 6600500
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    Registered Numbers

    SEBI Registration No:INZ000008037
    NSE Member ID:06386
    BSE: Member ID :197
    MCX: Member ID :10585
    Date of Admission:28/02/2004
    NCDEX: Member ID :00011
    MSEI Member Code :84251
    Date of Admission:06/12/2003
    CDSL-DP ID:35000
    NSDL-DP ID:IN303052
    SEBI Reg (DP):IN-DP-278-2016
  • Complete name of entity registered with SEBI as Portfolio Manager:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    PMS Registration No.:INP000006059
    Corporate Identification No.:L64990GJ1993PLC120014
    Principal Place of Business:301-302, 3rd Floor, Arunachal Building, Barakhamba Road, New Delhi - 110001
    Registered Office Address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Corresponding SEBI regional/local office Address:8th floor, Plate B, Tower 1, NBCC Complex, East Kidwai Nagar, New Delhi – 110023

    Contact Details

    Principal Officer:Md Shaukat Ali
    Contact No.:011-40851303
    Compliance Officer:Ms. Bhumika Gowda
    Contact No.:011-40851312

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  • Fund Name:Monarch AIF
    Category of AIF :Category III
    AIF Registration number :IN/AIF3/20-21/0787
    Registration Date :April 23, 2020
    Registered Office Address :Laxmi Tower, B Wing, 4th Floor, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051

    Contact Details

    Fund Manager:Mr. Abhisar Jain
    Phone :+91 22 66746425
    Compliance Officer:Ms. Bhumika Gowda
    Phone :+91 22 66746424

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    Monarch Networth Capital IFSC Private Limited (Wholly owned subsidiary of Monarch Networth Capital Limited) is a Registered Fund Management Entity (Retail) having Registration No: IFSCA/FME/III/2025-26/169. Monarch India Growth Fund will be an open-ended Restricted Scheme (Non-Retail) construed as a Category III AIF under the IFSCA (Fund Management) Regulations, 2025. Monarch AIF is a Category III AIF having SEBI Registration No. IN/AIF3/20-21/0787. This material is for informational purposes only and is not intended as an offer or solicitation or investment advice to buy or sell securities. Investments are subject to market risks. The offering is made only through official scheme documents to eligible investors under GIFT IFSC regulations. Investors should read all documents carefully and consult their advisors before investing.

  • Complete name of entity registered with SEBI as Merchant Banker:Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    MB Registration No.:INM000011013
    Corporate Identification Number:L64990GJ1993PLC120014
    Principal Place of Business:4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Registered office address:Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050

    Contact Details

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    Contact No.:(022) 66476400
    Email for Regulatory Communication:mbdcompliance@mnclgroup.com

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  • Complete name of entity registered with SEBI as Research Analysts :Monarch Networth Capital Limited
    Type of Registration (Individual, Non-Individual):Non-Individual
    RA Registration No.:INH000000644
    BSE Enlistment No.:5039
    Corporate Identification Number: L64990GJ1993PLC120014

    Contact Details

    Registered office address: Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar, Gujarat, India, 382050
    Principal Place of Business: 4th FLoor, B Wing, Laxmi Tower, Bandra Kurla Complex, Bandra East, Mumbai-400051
    Principal Officer: Sahil Sanghvi
    Compliance Officer: Nikhil Parikh
    Telephone no.: +91-79-26666768
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  • Complete name of entity registered with SEBI as Investment Adviser : Monarch Networth Investment Advisors Private Limited
    Type of Registration (Individual, Non-Individual) :Non-Individual
    IA Registration No.: INA000005721
    BSE Enlistment No.:2005
    Validity of registration : Perpetual
    Corporate Identification Number : U74140GJ2007PTC052348
    Registered office address : Monarch House, Nr. Ishwar Bhuwan Cross Road, Nr. Commerce Six Road, Navrangpura, AHMEDABAD, GUJARAT, 380009
    Corresponding SEBI Office address: SEBI Bhavan, Western Regional Office, Panchvati 1st Lane, Gulbai Tekra Road, Ahmedabad - 380006, Gujarat

    Contact Details

    Compliance Officer : Ankita Sudhir Madhwani
    Telephone no. : +91 22-66476405
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    Regulatory Details

    Complete name of entity registered with SEBI as : Monarch Networth Capital Limited
    AMFI Registration No. :8812
    Validity of ARN: 29-03-2028
    Registered Office address:Office No 901/902, 9Th Floor, Atlanta Centre, Opp Udyog Bhavan, Sonawala Road Goregaon East, MUMBAI, MA- 400063
    Corporate Office and Principal Place of Business : Monarch House, Nr. Ishwar Bhuwan Cross Road, Nr. Commerce Six Road, Navrangpura, AHMEDABAD, GUJARAT, 380009

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  • Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L64990GJ1993PLC120014

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    Escalation Matrix

    Monarch Networth Capital Limited

    Registered Address

    Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382050, Gujarat

    Corporate Address

    Ahmedabad

    “Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009

    Mumbai

    Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.

    Contact Details

    “Filing of complaints on SCORES – Easy & quick
    (Link is given in our useful link option on our website)

    • A. Register on SCORES portal
    • B. Mandatory details for filing complaints on SCORES:
      • I. Name, PAN, Address, Mobile Number, Email ID
    • C. Benefits
      • I. Effective communication
      • II. Speedy redressal of the grievances

    Email for Grievance: cs@mnclgroup.com

    Company Secretary & Compliance Officer

    (As per LODR Regulations and Companies Act, 2013)

    Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances :
    Mr. Nitesh Tanwar : 022 - 66476400 / 66476405

    Listing of Equity Shares on Stock Exchange at

    BSE

    Add :Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
    Scrip Id :Monarch Scrip Code : 511551

    NSE

    Add :Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051.
    Scrip Id :Monarch Scrip Code : MONARCH

    Demat ISIN Numbers in NSDL & CDSL for

    Equity Shares:INE903D01011

    REGISTRAR AND SHARE TRANSFER AGENT

    MUFG Intime India Private Limited

    (Formerly known as Link Intime India Private Limited)

    Add:C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
    Tel:(0) 810 811 6767
    Toll-free number:1800 1020 878
    Fax:022 - 4918 6060

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