Markets / IPO / Behari Lal Engineering

Behari Lal Engineering IPO

Updated 17:56

Mainboard IPO on NSE and BSE · Iron & Steel Products

Status
Listed
Price band
₹271–285
Lot size
52 shares · ₹14,820
Subscribed
108.44×

How it listed

Issue price
₹285
Listing price (open)
₹465.00 +63.16%
First-day close
₹502.20 +76.21%
Price now
₹453.55 +59.14%
Listing day19 Aug 2026
Open / high / low / close₹465.00 / ₹537.00 / ₹458.70 / ₹502.20
Shares traded on NSE3,76,18,013
Market value at the listing-day close₹1,961 cr

Closing prices since listing: 26 Oct ₹440.65, 27 Oct ₹448.15, 28 Oct ₹459.70, 29 Oct ₹458.55, 30 Oct ₹435.00, 2 Nov ₹446.00, 3 Nov ₹442.95, 4 Nov ₹453.95, 5 Nov ₹458.05, 6 Nov ₹453.55.

Behari Lal Engineering share price, live chart and technicals →

Key dates

Bidding opens12 Aug 2026
Bidding closes14 Aug 2026
Allotment17 Aug 2026
Refunds and shares in demat18 Aug 2026
Listing19 Aug 2026

Issue reservation

Investor groupShares% of issueMost applicants allotted
Institutions (QIB)20,36,90027.48%–
HNI / NII16,12,76121.76%–
  HNI, above ₹10 lakh10,75,17414.50%304
  HNI, ₹2–10 lakh5,37,5877.25%738
Retail37,63,10850.77%72,367

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

ApplicationLotsSharesAmount
Retail (minimum)152₹14,820
Retail (maximum)13676₹1,92,660
Small HNI (minimum)14728₹2,07,480
Small HNI (maximum)673,484₹9,92,940
Big HNI (minimum)683,536₹10,07,760

At ₹285 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance
At least 1 in 53
Retail allotments available
72,367 × one lot
Retail portion subscribed
53.27×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor categoryShares offeredShares bid forTimes subscribed
Institutions (QIB)20,36,90033,67,52,156165.33×
HNI / NII16,12,76126,66,14,140165.32×
  HNI, above ₹10 lakh10,75,17417,17,57,300159.75×
  HNI, ₹2–10 lakh5,37,5879,48,56,840176.45×
Retail37,63,10820,04,63,74453.27×
Total74,12,76980,38,30,040108.44×

NSE and BSE bids together, as of 14 Aug 2026 19:00.

Demand at each price

Top price ₹2856,317.65 lakh shares78.5%
Cut-off final price, whatever it is; mostly retail1,721.26 lakh shares21.4%
Lower prices ₹271–2845.33 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date11 Aug 2026
Lock-in ends for the first 50% (30 days)15 Sept 2026
Lock-in ends for the remaining 50% (90 days)14 Nov 2026 (in 8 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹1,113 cr₹1,771 cr
P/E (last 12 months' profit)––
Revenue, last 12 months–
Profit, last 12 months–
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Iron & Steel Products

CompanyListedSubscribedOn listingSince IPO
Bombay Coated and Special Steels 5 Nov60.77×+10.98%+9.84%
German Green Steel and Power 5 Oct28.98×+2.16%-22.78%
A-One Steels India 1 Oct11.61×+12.35%-2.35%
Jindal Supreme (India) 23 Sept181.07×+29.03%+71.01%
Rajputana Stainless 19 Mar1.12×0.00%+36.76%
Shri Kanha Stainless SME10 Dec–-2.22%-77.78%
VMS TMT 24 Sept102.27×+5.96%-56.66%
Sambhv Steel Tubes 2 Jul28.46×+34.15%+99.26%

IPO details

Price band₹271–285
Final issue price₹285
Lot size52 shares
Minimum investment₹14,820 (1 lot)
MarketNSE mainboard
Issue type100% Book Building
Face value₹10 per Equity Share
IndustryIron & Steel Products
Issue size₹301.62 crore (about 1.06 crore shares) · Fresh issue + offer for sale: fresh ₹93.00 cr, offer for sale ₹208.62 cr
ISININE1EEM01017
RegistrarMUFG Intime India Private Limited
Helpline: +91 8108114949, +91 8108114949, beharilalengineering.ipo@in.mpms.mufg.com
Lead managersEmkay Global Financial Services Limited and Systematix Corporate Services Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 17 Aug 2026. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Behari Lal Engineering IPO price band and lot size?

The price band is ₹271–285 per share, and one lot is 52 shares (₹14,820 at the upper price).

When is the Behari Lal Engineering IPO allotment date?

Allotment was finalised on 17 Aug 2026, the next working day after bidding closed on 14 Aug 2026.

How many times was the Behari Lal Engineering IPO subscribed?

In total 108.44 times, on NSE and BSE together; retail 53.27 times.

What is the Behari Lal Engineering IPO listing date?

It listed on 19 Aug 2026 on NSE and BSE.

What is the chance of getting Behari Lal Engineering IPO shares?

At least 1 in 53 retail applicants got the minimum lot: 72,367 retail allotments with the retail portion subscribed 53.27 times. Winners are picked by lottery.

When does the Behari Lal Engineering anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 15 Sept 2026 and the 90-day lock-in on the rest ends on 14 Nov 2026; they can sell from the next trading day.

What was the Behari Lal Engineering listing gain?

It opened at ₹465.00 against an issue price of ₹285, a gain of 63.16%. It is now up 59.14% from the issue price.