The Indian IPO market has two new public issues opening for subscription today, August 12, 2026. Behari Lal Engineering IPO and Shiprocket IPO will remain open for investors until August 14, 2026.
Both IPOs are book-built issues and are scheduled to list on the BSE and NSE on August 19, 2026. While Behari Lal Engineering operates in the engineering and iron & steel manufacturing sector, Shiprocket is an e-commerce enablement and logistics technology company.
Behari Lal Engineering IPO Opens Today
Behari Lal Engineering IPO opens for subscription today, Wednesday, August 12, and will close on Friday, August 14, 2026.
The company is looking to raise approximately ₹301.62 crore through a combination of a fresh issue and an offer for sale.
Behari Lal Engineering IPO Key Details
| Particular | Details |
|---|---|
| IPO Open Date | August 12, 2026 |
| IPO Close Date | August 14, 2026 |
| Price Band | ₹271 to ₹285 |
| Lot Size | 52 Shares |
| Minimum Investment | ₹14,820 |
| Issue Size | ₹301.62 Crore |
| Fresh Issue | ₹93 Crore |
| Offer for Sale | ₹208.62 Crore |
| Listing | BSE, NSE |
| Allotment Date | August 17, 2026 |
| Refund Date | August 18, 2026 |
| Share Credit | August 18, 2026 |
| Tentative Listing Date | August 19, 2026 |
At the upper price band of ₹285, retail investors need a minimum investment of ₹14,820 for one lot of 52 shares.
The IPO has reserved not more than 50% of the offer for QIBs, not less than 35% for retail investors, and not less than 15% for NII investors.
About Behari Lal Engineering
Behari Lal Engineering, incorporated in 1995, is an integrated iron and steel manufacturing company providing customised engineering products for industrial applications.
Its product portfolio includes metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts and blocks.
The company operates two manufacturing units in Mandi Gobindgarh, Punjab. As of March 31, 2026, it had served 1,825 domestic and international customers. Its order book stood at approximately ₹178.57 crore as of May 31, 2026.
Emkay Global Financial Services is the book-running lead manager, while MUFG Intime India is the registrar to the issue.
Shiprocket IPO Opens Today
Shiprocket IPO also opens for subscription today, August 12, 2026. The IPO will close on August 14, 2026.
Shiprocket is looking to raise approximately ₹1,617.48 crore through a fresh issue and an offer for sale.
Shiprocket IPO Key Details
| Particular | Details |
|---|---|
| IPO Open Date | August 12, 2026 |
| IPO Close Date | August 14, 2026 |
| Price Band | ₹92 to ₹97 |
| Lot Size | 154 Shares |
| Minimum Investment | ₹14,938 |
| Issue Size | ₹1,617.48 Crore |
| Fresh Issue | ₹885.50 Crore |
| Offer for Sale | ₹731.98 Crore |
| Listing | BSE, NSE |
| Allotment Date | August 17, 2026 |
| Refund Date | August 18, 2026 |
| Share Credit | August 18, 2026 |
| Tentative Listing Date | August 19, 2026 |
| Employee Discount | ₹9 per share |
At the upper price band of ₹97, retail investors need ₹14,938 to apply for one lot of 154 shares.
The IPO allocation provides not less than 75% of the net offer for QIBs, not more than 15% for NII investors, and not more than 10% for retail investors.
About Shiprocket
Shiprocket, incorporated in 2011, is an Indian e-commerce enablement company serving MSMEs, D2C brands, and retailers.
The company initially focused on shipping technology and has expanded into a broader e-commerce enablement platform. Its services include domestic and cross-border shipping, fulfilment, cargo and heavy logistics, omnichannel commerce, advertising and marketing solutions, checkout and payment solutions, and other merchant-focused services.
According to the information provided in the company’s IPO documents, Shiprocket served customers across 146 countries during Fiscal 2026.
Axis Capital is the book-running lead manager, and KFin Technologies is the registrar to the Shiprocket IPO.
Behari Lal Engineering vs Shiprocket IPO
Investors looking at the two IPOs today will find significant differences in their businesses.
Behari Lal Engineering operates in the traditional engineering and iron & steel manufacturing industry, with products serving sectors such as steel, mining, power, sugar, and other industrial applications.
Shiprocket, on the other hand, operates in the technology and e-commerce enablement space, providing logistics and merchant-focused digital solutions.
Both IPOs open on August 12 and close on August 14, 2026, and both are scheduled to list on August 19, 2026.
IPOs Open Today: What Investors Should Check
Investors considering an IPO should review the company’s RHP, financial performance, valuation, use of IPO proceeds, risks, promoter holding and the portion of the issue being offered through OFS before making an investment decision.
The Behari Lal Engineering IPO and Shiprocket IPO are both open for subscription from August 12 to August 14, 2026.
Disclaimer: IPO subscription should be based on your own research and risk assessment. The information above is based on the IPO details provided and should not be considered investment advice.
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