Behari Lal Engineering IPO

Precision Engineering (Steel & Alloy Components) - Listed on 19 August 2026

+63.2% listing gain
Issue Price (Upper)
Rs 285
Listing Price
Rs 465
Closing Price (NSE)
Rs 502.2
Total Subscription
108.51x

Behari Lal Engineering IPO listing summary

Behari Lal Engineering (Precision Engineering (Steel & Alloy Components)) closed its IPO window in 2026 and listed on NSE and BSE on 19 August 2026 at an upper band issue price of Rs 285, opening at Rs 465 for a listing gain of +63.2% and closing day one at Rs 502.2 (+76.2% on closing basis). The IPO was subscribed 108.51x overall - QIB 159.10x, HNI/NII 167.95x, Retail 54.12x. The total issue size was Rs 301.62 Cr (Fresh Issue Rs 93 Cr, OFS Rs 208.62 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+63.16%
Listing Gain (Close)
+76.21%
Day Change After Listing
+8.00%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB159.10x
HNI / NII167.95x
Retail54.12x
Overall108.51x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 12.03x
Day 27.78x
Day 3 (Final)108.51x

Behari Lal Engineering IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 100+35.09%
Day 2Rs 80+28.07%
Day 3Rs 71+25.00%
Day 4Rs 70+24.56%
Day 5Rs 67+23.51%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
23.5%-35.1%
IPOGyani AI Prediction
27.1%
Actual Listing Gain
+63.2%

Prediction Accuracy: 36.1 pp (Variance observed)

Issue & financials

Issue SizeRs 301.62 Cr
Fresh IssueRs 93 Cr
OFSRs 208.62 Cr
IPO PE18.65
Peer / Sector PE25.37
PE vs Sector Ratio0.74
Latest EBITDA (Cr)18.97
Debt / Equity0.06

Market context at listing

How the broader market moved around the Behari Lal Engineering IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-
Nifty 1W Return-
Nifty 1M Return-
Nifty during IPO window-

Behari Lal Engineering IPO - FAQs

What was the listing gain of Behari Lal Engineering IPO?

Behari Lal Engineering IPO listed at +63.2% versus the upper issue price of Rs 285 on 19 August 2026.

How many times was Behari Lal Engineering IPO subscribed?

Behari Lal Engineering IPO was subscribed 108.51x overall. QIB portion was subscribed 159.10x, HNI / NII 167.95x and Retail 54.12x.

What was the IPO GMP for Behari Lal Engineering?

IPO GMP started at Rs 100 on Day 1 and moved to Rs 67 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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