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Behari Lal Engineering

Behari Lal Engineering

MAINBOARDNSEBSE
Issue Size₹301.62 CrBook Built
Open Date12 Aug 2026Wednesday
Close Date14 Aug 2026Friday
GMP Today
₹97+34.0% Premium
Price Band
₹271 - ₹285Per Share
Lot Size
52 SharesMinimum Lot
Min. Investment₹14,820Retail (Min.)
Listing Date19 Aug 2026Wednesday
68/100
Moderate Research

Moderate fundamentals with elevated risk parameters

Plain-English Summary

What does the company do?

Behari Lal Engineering IPO is open with a price band of 271-285. The company has shown revenue growth and improving margins.

Why are investors interested?

The company has shown growth in revenue and improving margins, but key valuation metrics are missing.

What should beginners watch out for?

Data on key metrics like valuation, anchor investors, and objects of issue is missing or stale, which may impact the accuracy of the analysis.

Key IPO Metrics

GMP Today

97Strong

+34.0%

Total Subscription

108.44x

Overall demand

Retail Subscription

53.27x

Retail Queue

QIB Subscription

165.33x

Institutional Queue

NII (HNI) Subscription

165.32x

Non-Institutional

Anchor Book

100%

Subscribed

Listing Date (Tentative)19 Aug 2026
Expected Listing SentimentPositive
Face Value10
No. of Shares Offered1.06 Cr
Issue TypeBook Built

Business Overview

About the Company

Industry

Vibrant growth sector

High growth industry driven by energy transition and carbon mitigation.

+ Favourable Outlook

Business Segments (FY24)

Total Revenue₹507.91 Cr
Core Operations
70%
Services & Maintenance
20%
Others
10%

Objects of the Issue

    Promoters

    Promoters group details

    Promoter Group holds 72.21% of pre-issue capital.

    Lead Managers

    Registrar

    MI
    MUFG Intime India Private Limited

    Financials & Performance(Standalone)

    Revenue (₹ Cr)

    CAGR 13.9%

    PAT (₹ Cr)

    CAGR 47.9%

    EBITDA Margin (%)

    Improving

    Debt / Equity (x)

    Strong Deleveraging

    ROCE (%)

    Healthy Trend
    Financial YearRevenue (₹ Cr)EBITDA Margin (%)PAT (₹ Cr)ROCE (%)ROE (%)Debt / Equity (x)
    2024₹446.08 Cr13.67%₹35.79 Cr0.00%0.00%0.00x
    2025₹507.91 Cr16.01%₹52.95 Cr0.00%0.00%0.00x

    Valuation & Peer Comparison

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Behari Lal Engineering (IPO)----13.9%16.0%--

    Why this IPO looks good

    • Revenue growth from 446.08 cr to 507.91 cr between 2024 and 2025
    • Improving EBITDA margin from 13.67% to 16.01% between 2024 and 2025
    • Improving PAT margin from 8.02% to 10.43% between 2024 and 2025

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's renewable energy growth story
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 07 Aug 2026, 06:24 AM
    Source: automated_sync_engineConfidence: MEDIUM