
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
Last updated: 19 Aug 2026
Current Premium
Issue Price (Upper)
₹285
Band: ₹271 – ₹285
Estimated Listing Price
₹418
Upper price + GMP
Lot Size
52 shares
Min investment ₹14,820
Estimated Profit / Lot
₹6,916
52 × ₹133
Grey Market Premium trend
+₹133
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹133 | 46.7% | ₹418 |
| 26 Sep 2026 | +₹133 | 46.7% | ₹418 |
| 25 Sep 2026 | +₹120 | 42.0% | ₹405 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 latest grey market premium for Behari Lal Engineering Limited IPO is ₹133, which indicates an expected listing price of ₹418.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.