TTLTicker Tales

Behari Lal Engineering

Behari Lal Engineering is an integrated steel manufacturer and trader making customised iron and steel products for engineering applications.

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Last updated 31 Aug 2026, 9:04 am IST

Price band
₹271 – ₹285
Lot size
52
Issue size
₹301.62 Cr
Opens
12 Aug 2026
Closes
14 Aug 2026
Exchange
Both

The numbers

GMP
₹105 (~36.84%)
Subscription
108.44× (final)
Listing gain
NSE +63.2% / BSE +60.7% (19 Aug)
Listing date
19 Aug 2026
Model prediction
~+28% expected → Subscribe. Listed +63.2% NSE / +60.7% BSE (19 Aug); direction held, listing far beat the read.

The Ticker Tales take

Behari Lal Engineering is an integrated iron-and-steel manufacturer making customised engineering products. ~₹302 Cr issue closed 14 Aug very strong at ~108.44× subscribed, GMP running to ~₹105 (~37% over ₹285). Our GMP-led call was Subscribe expecting ~28%. It listed on 19 Aug at ₹465 NSE (+63.2%) and ₹458 BSE (+60.7%) — a blockbuster debut that far outpaced our read; the Subscribe direction held, though the listing beat the number.

More details

Sector
Integrated steel manufacturing & trading
Issue type
Book-built
Anil Singhvi - Long-term call
Not clearly stated
Anil Singhvi - Listing-gain call
Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.