Behari Lal Engineering IPO GMP Today: Latest Grey Market Premium

Behari Lal Engineering IPO GMP is ₹67 as of August 12, 2026, according to the latest available grey market data. At the upper end of the IPO price band of ₹285, this GMP indicates an estimated listing price of around ₹352 per share, representing a potential premium of approximately 23.51%.

The Behari Lal Engineering IPO opened for IPO subscription on August 12, 2026, and will remain open until August 14, 2026. The issue has a price band of ₹271 to ₹285 per equity share and a lot size of 52 shares. The total issue size is approximately ₹301.62 crore.

However, investors should remember that GMP is an unofficial indicator based on grey market activity. It is not determined or guaranteed by the company, NSE, BSE, or SEBI. GMP can move significantly before listing and should not be considered a reliable prediction of the actual listing price.

IPO GMP Today

The latest reported Behari Lal Engineering IPO GMP today is ₹67. Based on the upper price band of ₹285, the implied calculation is:

Behari Lal Engineering IPO GMP Trend

The grey market premium has moved upward in recent sessions. The available GMP trend shows that market sentiment has strengthened ahead of the IPO opening.

Behari Lal Engineering IPO Expected Listing Price

With the latest GMP at ₹67 and the upper IPO price at ₹285, the estimated listing price works out to approximately ₹352.

Estimated Listing Price = IPO Upper Price + GMP

₹285 + ₹67 = ₹352

At ₹352, the implied premium over the issue price would be around 23.51%.

This calculation is only an estimate based on the prevailing grey market premium. GMP can change before the listing date, so the estimated price should not be treated as a guaranteed listing price.The company is scheduled to list its shares on both NSE and BSE on August 19, 2026, subject to the applicable listing process.

Behari Lal Engineering IPO Details

Behari Lal Engineering is launching a book-built IPO comprising a fresh issue and an offer for sale. The issue size is approximately ₹301.62 crore.

Behari Lal Engineering IPO Important Dates

The IPO opened on August 12 and will close on August 14, 2026. The expected allotment date is August 17, followed by the credit of shares and other post-issue processes before the proposed August 19 listing.

Business Overview

Behari Lal Engineering Limited is an integrated iron and steel manufacturing company that focuses on customised engineering solutions.

The company manufactures several categories of precision-engineered products, including metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts and blocks. Its products are used across industries such as steel, engineering, infrastructure, power, automobiles, cement and other industrial applications.

The company began its journey in the steel industry in 1995 and has developed manufacturing capabilities that include steel melting, foundry operations, heat treatment, machine shops and rolling mills.

As of March 31, 2026, the company had served 1,825 customers and exported to 21 countries. It operates two manufacturing facilities in Mandi Gobindgarh, Punjab, with a combined installed capacity of approximately 119,690 metric tonnes.

Key Products of Behari Lal Engineering

The company’s major product categories include:

• Metal rolls
• Engineering castings
• Alloy steel products
• Forging ingots
• Forged shafts and blocks

According to company information reported by Samco, alloy steel products represented the largest share of FY2026 revenue, followed by metal rolls and engineering castings.

Behari Lal Engineering IPO Financial Performance

The company’s financial performance has shown growth over the recent financial years.

For FY2026, the company reported revenue from operations of approximately ₹534.03 crore and profit after tax of ₹64.64 crore, according to information based on the company’s IPO documents. Revenue from operations grew at a CAGR of 9.41%, while profit after tax grew at a CAGR of 34.38% between FY2024 and FY2026.

Recent reported figures also show FY2026 total income of ₹546.51 crore and PAT of ₹64.48 crore. The difference between these figures and revenue from operations reflects the use of different financial measures.

Should You Rely on Behari Lal Engineering IPO GMP?

No. GMP should be treated as one market indicator rather than a standalone reason to make an investment decision.

Grey market transactions operate outside the official stock exchange mechanism, and the quoted premium can change based on market sentiment. A high GMP can fall before listing, while a low or flat GMP can also change as subscription levels and broader market conditions develop.

Therefore, readers should consider the company’s financial performance, valuation, business model, industry outlook, risks and IPO objectives along with the latest GMP.

Latest Update

As of August 12, 2026, the Behari Lal Engineering IPO GMP is ₹67. At the upper IPO price of ₹285, this indicates an estimated listing price of ₹352 and an implied premium of approximately 23.51%.

The GMP has increased from ₹24 reported on August 7 to ₹67 on August 12, showing stronger grey market sentiment ahead of and during the IPO opening. However, GMP remains unofficial and may change before the scheduled August 19 listing.

For readers tracking the issue, the GMP should be checked regularly along with subscription figures and other IPO developments.

Behari Lal Engineering IPO GMP FAQs