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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Behari Lal Engineering Ltd
Registered Office:
Village Salani Amloh Road,,
Mandi Gobindgarh - 147301,
Punjab, India.
Initial public offer of 10,583,158 equity shares of face value of (Rs) 10 each (Equity Shares) of Behari Lal Engineering Limited (Company) for cash at a price of (Rs) 285 per equity share (Including a Share Premium of (Rs) 275 Per Equity Share) (Offer Price) aggregating up to (Rs) 301.62 Crore (Offer) comprising a fresh issue of 3,263,157 equity shares of face value of (Rs) 10 each aggregating (Rs) 93 Crore by the company (Fresh Issue) and an offer for sale of 7,320,001 equity shares of face value of (Rs) 10 each aggregating (Rs) 208.62 Crore by the selling shareholders (Offer For Sale) comprising 1,943,623 equity shares of face value of (Rs) 10 each aggregating (Rs)55.39 Crore by Rajesh Garg, 350,000 equity shares of face value of (Rs) 10 each aggregating (Rs) 9.98 Crore by Lovlish Garg (Collectively, `Promoter Selling Shareholders'), 2,143,623 equity shares of face value of (Rs) 10 each aggregating (Rs) 61.09 Crore by Yogita Garg, 150,000 equity shares of face value of (Rs) 10 each aggregating (Rs) 4.28 Crore by Dinesh Kumar Garg Huf (Collectively, `Promoter Group Selling Shareholders') and 2,732,755 equity shares of face value of (Rs) 10 each aggregating (Rs) 77.88 Crore by SG Tech Engineering Private Limited (investor selling shareholder, together with promoter selling shareholders and promoter group selling shareholders, `Selling Shareholders', and such equity shares, the offered shares). The offer constituted 25.02% of the post-offer paid-up equity share capital of the company. Price Band: (Rs) 285 per equity share of face value of (Rs) 10 each. The floor price is 28.50 times the face value of the equity shares. Bids can be made for a minimum of 52 equity shares of face value of (Rs) 10 each and in multiples of 52 equity shares of face value of (Rs) 10 each thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
12-Aug-26
14-Aug-26
285.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 52     Further Multiples of : 52
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
82.67
Emkay Global Financial Services Limited
Project Financed
301.62
 
Post Issue
49.62
 
Issue Price
285.00
 
Projects
Purchase and installation of new equipment / machinery (including computers, printers and computer peripherals) along with civil work for such installation at Manufacturing Facility 1
Purchase and installation of new roof-top solar panels at Manufacturing Facility 1
Purchase and installation of new equipment / machinery along with civil work for such installation at Manufacturing Facility 2
Purchase and installation of new roof-top solar panels at Manufacturing Facility 2
Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
General corporate purposes
Promoted By
Parkash Chand Garg
Rajesh Garg
Dinesh Garg
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
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Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

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