Behari Lal Engineering IPO to Open August 12 at Rs. 271–285

Behari Lal Engineering is set to enter the primary market on August 12 with a price band of Rs. 271–285 per share. The IPO is expected to raise more than Rs. 300 cr. and will remain open until August 14.

The issue consists of both a fresh component and an offer for sale. With several IPOs launching simultaneously, investors will have to compare the company’s valuation, financial performance and growth prospects against larger mainboard offerings such as Dhoot Transmission and Molbio Diagnostics.

MT | Money Times

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