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.