← All IPOs

Behari Lal Engineering IPO Subscription Status

MainboardListed
BLEL · · NSE

Updated · GMP, subscription and listing data refresh through the day.

Behari Lal Engineering IPO Details

RegistrarMUFG Intime India Private Limited
Lead managersEmkay Global Financial Services Limited, Systematix Corporate Services Limited
Offer documentDraft (DRHP)
Fresh issue₹93 Cr
Offer for sale₹208.62 Cr
Market cap at the offer₹1,206 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (4,23,02,482 shares) multiplied by the upper end of the price band, ₹285. It is arithmetic on those two filed figures, not a valuation.

Behari Lal Engineering Financials ₹ in crore

Revenue CAGR+9.4%2024 → 2026 · 2 yrs
Profit CAGR+34.4%2024 → 2026 · 2 yrs
Total assets CAGR+18.5%2024 → 2026 · 2 yrs
00%2505%50010%75015%100020%202420252026
₹ crore202420252026
Revenue₹446.08₹507.91₹534.02
Expenses———
Net profit (PAT)₹35.79₹52.95₹64.64
PAT margin8.0%10.4%12.1%
Total assets₹262.08₹295.98₹367.87

Behari Lal Engineering Shareholding before & after the IPO

Before the IPO
Pre-issue · RHP capital structure
88.51%
Promoter
After the IPO
Post-issue · as filed 18-AUG-2026
70.84%
Promoter
Promoter & promoter groupafter the IPO
Holding70.84%
Shares2,99,66,239
Through the IPO-17.67% · exiting

The founding owners and their group entities.

Breakdown as filed
Individuals / HUF70.84%2,99,66,239

Post-issue pattern as filed with the NSE. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.

Behari Lal Engineering IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹285
Retail (min)1 lot52₹14,820
Retail (max)13 lots676₹1,92,660
sHNI (min)14 lots728₹2,07,480
bHNI (min)68 lots3,536₹10,07,760

One lot is 52 shares, so a single application at the ₹285 cut-off costs ₹14,820. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

Behari Lal Engineering IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (7)
The company is strategically located in Mandi Gobindgarh, a steel production hub with excellent connectivity.
The company has readily available raw materials and foundry consumables, along with strong infrastructure for road transport, facilitating smooth operations and reduced lead time.
The company possesses advanced manufacturing facilities and a skilled workforce, enabling it to produce high-quality products and meet specific customer requirements.
The company has a diversified product portfolio catering to various industries, including automobile, steel, mining, infrastructure, construction, power, aerospace, defence, and cement.
The company has a long-standing relationship with over 1,600 customers, demonstrating its ability to provide tailored solutions and exceptional service.
The company has a strong entry barrier due to its approvals and certifications from reputed organizations, which validate its technical capabilities and product quality.
The company has a diversified sales base and is expanding its presence in foreign markets, which presents opportunities for growth.
▼ Risk factors (8)
The company generates significant revenue from its top 10 customers, and the loss of these customers or a reduction in their demand could adversely impact its business and financial condition.
The company's success depends on its continuing relationships with its customers, and the loss of repeat customers or a reduction in their demand could adversely affect its business, results of operation, and financial conditions.
The company caters to diverse end-use industries, and any adverse impact on these industries or loss of customers could have an adverse effect on its business, revenue from operations, and financial condition.
A substantial proportion of the company's sales is concentrated in India, and any inability to maintain and grow revenues from sales in India may have an adverse effect on its business, financial condition, result of operation, cash flows, and future business prospects.
The cost of raw materials consumed, including through imports, constitutes a significant component of the company's expenses, and any substantial delay or failure to procure necessary raw materials could have an adverse impact on its operations and its ability to meet customer obligations.
The company is reliant on raw materials procured from third-party suppliers with whom it does not have long-term contracts, and failure to ensure a consistent supply of raw materials at commercially acceptable prices will adversely affect its business and financial condition.
Any failure on the company's part to effectively manage its inventory may result in an adverse effect on its business, revenue from manufacturing operations, and financial condition.
The company is heavily reliant on its alloy steel products, metal rolls, and engineering castings business segment, which cumulatively contributed more than 90.00% to its revenue from operations.

How to check Behari Lal Engineering IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Behari Lal Engineering Limited, the registrar is MUFG Intime India Private Limited — allotment is finalised in the days between the issue closing on 14 Aug 2026 and listing on 19 Aug 2026.

RegistrarMUFG Intime India Private Limited
You will needPAN, application number or demat ID
Issue closes14 Aug 2026
Listing date19 Aug 2026
Issue opens
Wed, 12 Aug, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Fri, 14 Aug, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 17 Aug, 2026
By MUFG Intime; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 18 Aug, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 19 Aug, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: MUFG Intime. Your bank will also show the blocked amount released if shares were not allotted.

Behari Lal Engineering IPO Subscription Status FAQs

How many times is Behari Lal Engineering IPO subscribed?

As of 14 Aug, 7:05 pm the Behari Lal Engineering Limited IPO is subscribed 108.44× overall: QIB 165.33×, non-institutional 165.32× and retail 53.27×. Figures are the exchange's consolidated demand across NSE and BSE.

What is the Behari Lal Engineering IPO retail subscription status?

The retail portion is subscribed 53.27× as of 14 Aug, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.

How do I check Behari Lal Engineering IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

How was Behari Lal Engineering IPO subscribed day by day?

Overall subscription at the end of each bidding day — day 1 (12 August 2026): 2.03×, day 2 (13 August 2026): 7.78×, day 3 (14 August 2026): 108.44× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Behari Lal Engineering IPO Registrar where allotment and refund queries go

RegistrarMUFG Intime India Private Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Behari Lal Engineering IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (14 Aug 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, MUFG Intime India Private Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹105 on a ₹285 upper band means the grey market is dealing at ₹390.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.