Behari Lal Engineering IPO GMP History | Listing Price ₹465 & Kostak Rate
Behari Lal Engineering IPO has been listed on August 19, 2026 at a listing price of ₹465, against the issue price of ₹285 — a gain of ₹180 (+63.16%). The GMP peaked at ₹133 on 19 August 2026 and reached a low of ₹25 on 9 August 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Behari Lal Engineering IPO raised ₹301.62 Cr. through its IPO at a price band of ₹271 to ₹285 per share, with a lot size of 52 shares. The IPO was open for subscription from 12 Aug 2026 to 14 Aug 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Sep, 1:37 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 19 Aug 2026 | ₹ 133 | — | 46.67% | ₹ 0 | ₹ 0 |
| 18 Aug 2026 | ₹ 133 | ▲ | 46.67% | ₹ 0 | ₹ 0 |
| 17 Aug 2026 | ₹ 97 | ▲ | 34.04% | ₹ 0 | ₹ 0 |
| 16 Aug 2026 | ₹ 84 | ▲ | 29.47% | ₹ 0 | ₹ 0 |
| 15 Aug 2026 | ₹ 83 | — | 29.12% | ₹ 0 | ₹ 0 |
| 14 Aug 2026 | ₹ 83 | ▲ | 29.12% | ₹ 0 | ₹ 0 |
| 13 Aug 2026 | ₹ 80 | ▲ | 28.07% | ₹ 0 | ₹ 0 |
| 12 Aug 2026 | ₹ 74 | ▲ | 25.96% | ₹ 0 | ₹ 0 |
| 11 Aug 2026 | ₹ 67 | ▲ | 23.51% | ₹ 0 | ₹ 0 |
| 10 Aug 2026 | ₹ 53 | ▲ | 18.60% | ₹ 0 | ₹ 0 |
| 09 Aug 2026 | ₹ 25 | — | 8.77% | ₹ 0 | ₹ 0 |
| 08 Aug 2026 | ₹ 25 | ▼ | 8.77% | ₹ 0 | ₹ 0 |
| 07 Aug 2026 | ₹ 30 | — | 10.53% | ₹ 0 | ₹ 0 |
Behari Lal Engineering IPO dates
Key dates from opening to listing. Today is 21 September.
- Open 12 Aug 2026
- Close 14 Aug 2026
- Allotment 17 Aug 2026
- Refund/credit 18 Aug 2026
- Listing 19 Aug 2026
Behari Lal Engineering IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹285 |
|---|---|
| GMP-based estimate (pre-listing) | ₹418 (+46.7%) |
| Listing gain / loss | +₹180 per share |
| Listing date | 19 Aug, 2026 |
| Actual listing price | ₹465 (+63.16%) |
Is Behari Lal Engineering IPO GMP reliable?
Grey market premium for Behari Lal Engineering IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Behari Lal Engineering IPO full review for a fundamentals-based assessment before making any grey market trades.
Behari Lal Engineering IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Behari Lal Engineering IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Behari Lal Engineering IPO
Behari Lal Engineering Limited was started in 1995. It is an integrated iron and steel manufacturing company that focuses on customised engineering solutions.
The company makes precision-engineered parts for critical industrial uses. Its main products are metal rolls, engineering castings, alloy steel products, forging ingots and shafts.
As on 31 March 2026, the company had served 1,825 customers in India and abroad. Its customer list includes Amba Shakti Industries, BMW Industries, Shyam Metallics and Energy, Laxcon Steels, MSP Steel & Power, Jai Balaji Industries, Propel Industries and Metso India.
Manufacturing is done at two units in Mandi Gobindgarh, Punjab. As on 31 May 2026, the order book of the company stood at about Rs 178.57 crore.
Frequently asked
What is the GMP of Behari Lal Engineering IPO?
The current Grey Market Premium (GMP) of Behari Lal Engineering IPO is ₹ 133.
What is the Kostak Price of Behari Lal Engineering IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Behari Lal Engineering IPO is currently not available.
What is the Subject to Sauda Price of Behari Lal Engineering IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is currently not available.
What was the actual listing price of Behari Lal Engineering IPO?
Behari Lal Engineering IPO listed on August 19, 2026 at ₹465, against the issue price of ₹285 — a gain of +63.16%.
How did the GMP of Behari Lal Engineering IPO trend before listing?
The GMP of Behari Lal Engineering IPO was stable in its final days before listing. The GMP peaked at ₹133 on 19 August 2026. View the day-wise table above for the complete GMP history.
Explore Behari Lal Engineering IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
