IPO Details

About Company

Behari Lal Engineering Ltd., incorporated in 1995, is a prominent player in the engineering and manufacturing sector in India. The company specializes in the production of high-quality industrial machinery and components, catering primarily to the automotive and construction industries. As part of the Behari Lal Group, it leverages synergies within the group to enhance its operational efficiencies and market reach. The company boasts a diverse product portfolio that includes precision-engineered components, heavy machinery, and custom solutions tailored to client specifications. With state-of-the-art manufacturing facilities located in key industrial hubs across India, Behari Lal Engineering Ltd. has a robust production capacity that supports both domestic and international demand. The company's geographic presence spans major metropolitan areas, with a well-established distribution network that ensures timely delivery and service support to its clients. In the latest financial year, Behari Lal Engineering Ltd. reported a total income of INR 500 crore, with a net profit of INR 50 crore, resulting in an EBITDA margin of 15%. The company has demonstrated strong financial performance with a return on capital employed (ROCE) of 18% and return on equity (ROE) of 12%. Its debt-equity ratio stands at a manageable 0.5, indicating prudent financial management. The objectives of the IPO include funding expansion initiatives, enhancing manufacturing capabilities, and repaying existing debt. Post-issue, the market capitalization is expected to reach INR 1,200 crore, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 15. The investor sentiment around the IPO is cautiously optimistic, driven by the company’s growth potential and solid fundamentals.