Behari Lal Engineering IPO Day 2 Subscription Status: Issue Booked 5.07x so Far
Authored By HDFC SKY | Last Modified: Aug 13, 2026 01:14 PM IST
Behari Lal Engineering IPO Day 2 subscription status: The issue was subscribed 5.07 times by August 13, with NII demand ahead of retail and QIB categories.
Mumbai, August 13: The Behari Lal Engineering IPO entered its second day of bidding on August 13, with the ₹301.62 crore issue drawing stronger demand across the non-institutional and retail categories. The book-built issue opened on August 12 and is scheduled to close on August 14.
The IPO comprises a fresh issue of 32,63,157 shares worth ₹93 crore and an offer for sale of 73,20,001 shares worth ₹208.62 crore. The price band has been fixed at ₹271 to ₹285 per share, while the minimum retail application is for 52 shares.
Behari Lal Engineering IPO Day 2 Subscription Status
As of 12:44:54 PM on August 13, the issue had received bids across the investor categories. Demand from non-institutional investors remained the strongest among the three main public categories.
| Category | Subscription |
| QIB (Ex Anchor) | 0.99x |
| NII/HNI | 6.62x |
| Retail | 6.08x |
| Total | 5.07x |
The IPO had received a total of 3,50,376 applications by the timestamp reported above.
Category-wise Behari Lal Engineering IPO Subscription Status
The NII portion had attracted the highest subscription among the main investor categories. Within the NII segment, small NII investors recorded higher demand than the bNII category.
| Category | Shares Offered | Shares Bid For | Subscription |
| QIB (Ex Anchor) | 15,16,633 | 15,02,332 | 0.99x |
| NII/HNI | 15,87,474 | 1,05,15,388 | 6.62x |
| bNII (> ₹10L) | 10,58,316 | 56,42,156 | 5.33x |
| sNII (< ₹10L) | 5,29,158 | 48,73,232 | 9.21x |
| Retail | 37,04,105 | 2,25,19,328 | 6.08x |
| Total | 68,08,212 | 3,45,37,048 | 5.07x |
The anchor portion had been fully subscribed ahead of the public bidding and is excluded from the public subscription calculation.
Behari Lal Engineering IPO Day-Wise Subscription Summary
Subscription picked up sharply on the second day compared with the opening day. The overall subscription moved from 2.21 times on Day 1 to the current level reported on Day 2.
| Date | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
| August 12, 2026 (Day 1) | 0.98x | 2.14x | 1.28x | 3.87x | 2.74x | 2.21x |
| August 13, 2026 (Day 2) | 0.99x | 6.62x | 5.33x | 9.21x | 6.08x | 5.07x |
The second day brought a noticeable increase in bids from both NII and retail investors. QIB participation remained below the portion reserved for the category at the reported timestamp.
Behari Lal Engineering IPO Timeline
| IPO Milestone | Date |
| Issue Open Date | August 12, 2026 |
| Issue Close Date | August 14, 2026 |
| Basis of Allotment Date | August 17, 2026 |
| Initiation of Refunds | August 18, 2026 |
| Credit of Shares | August 18, 2026 |
| Listing Date | August 19, 2026 |
Brief Overview Of The IPO
Behari Lal Engineering is raising ₹301.62 crore through a combination of fresh issue and offer for sale. The fresh issue consists of 32,63,157 shares, while the offer for sale comprises 73,20,001 shares.
The IPO price band is set at ₹271 to ₹285 per share. The lot size is 52 shares, making the minimum retail application amount ₹14,820 at the upper end of the price band.
The issue opened for subscription on August 12, 2026 and will remain open until August 14, 2026. The company is proposed to be listed on both the BSE and NSE, with the tentative listing date set for August 19, 2026.
Emkay Global Financial Services Ltd. is the book-running lead manager for the issue, while MUFG Intime India Pvt. Ltd. is the registrar.
Source:
- https://www.chittorgarh.net/reports/anchor-investor/behari-lal-engineering-anchor-list.pdf
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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