
Metals & Mining · NSE / BSE
Behari Lal Engineering Limited, incorporated in 1995, is an integrated steel manufacturing and trading company engaged in producing and supplying a wide range of iron and steel products. Initially established as a steel trading business, the company has expanded its operations with integrated Steel Melting Shop (SMS), Foundry, and Rolling Mill facilities to manufacture customized engineering-grade and rolled steel products for various industries. Backed by modern manufacturing infrastructure and an experienced management team, the company focuses on delivering high-quality products while serving customers across India. Through its strong manufacturing capabilities and extensive industry experience, Behari Lal Engineering continues to strengthen its presence in the Indian steel industry.
Price Band
₹271 – ₹285
Issue Size
₹1058.32 L Cr
Lot Size
52 shares
GMP
+46.7%
Est. Listing
₹418
at current GMP
Subscribed
118.07x
overall
Open
12 Aug 2026
Close
14 Aug 2026
Allotment
17 Aug 2026
Refund
18 Aug 2026
Demat Credit
19 Aug 2026
Listing
19 Aug 2026
Overall Subscription
118.07x
Total Demand
QIB Multiplier
222.04x
Institutions & Funds
NII / HNI
167.95x
High Net-Worth
Retail (RII)
54.12x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,516,633 | 336,752,156 | 222.04x |
| NIB | 1,587,474 | 266,614,140 | 167.95x |
| HNIs(10L +) | 1,058,316 | 171,757,300 | 162.29x |
| HNIs (2-10L) | 529,158 | 94,856,840 | 179.26x |
| RETAIL | 3,704,105 | 200,463,744 | 54.12x |
| Total | 8,395,686 | 1,070,444,180 | 118.07x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 71,233 | 3,189,457 | 44.77x |
| HNIs(10L +) | 1,454 | 46,896 | 32.25x |
| HNIs (2-10L) | 727 | 124,306 | 170.98x |
| Total Applications | 73,414 | 3,360,659 | 45.78x |
Behari Lal Engineering Limited is bringing an initial public offering (IPO) in the Metals & Mining sector with an aggregate issue size of ₹1,05,83,158 Crores. The shares are offered at a price band of ₹271 to ₹285 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 52 shares (approx. ₹14,820 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-19, while un-allotted funds or UPI block mandates will be released on 2026-08-18.
The Behari Lal Engineering Limited IPO aggregate issue size is ₹1,05,83,158 Crores with an equity price band set at ₹271 to ₹285 per equity share. The retail lot size is 52 shares requiring a minimum capital outlay of approx. ₹14,820.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-08-17.