Behari Lal Engineering IPO Oversubscribed 108x: Allotment Done

Behari Lal Engineering’s Initial Public Offering (IPO) achieved an overall subscription of 108.51 times, with its allotment finalized on August 17, 2026. This significant investor interest led to applications for 80.38 crore shares, substantially exceeding the 74.08 lakh shares originally on offer for the INR 301.62 crore issue.

Subscription Metrics Unpacked

The IPO attracted robust participation across all investor categories, highlighting broad market enthusiasm.

• Retail investors subscribed 54.12 times, facing an allotment probability of approximately 1 in 42 applications for a single minimum lot.
• Small High Net Worth Individuals (HNIs) recorded subscriptions of 179.26 times.
• Big HNIs oversubscribed by 162.29 times, demonstrating strong interest from larger individual investors.
• Qualified Institutional Buyers (QIBs) showed solid confidence, oversubscribing by 159.10 times.

Post-Allotment Timeline and Access

Investors can verify their allotment status through the official registrar, MUFG Intime India Private Limited, or via the BSE and NSE portals. Confirmation indicators include bank account debit alerts, lien release, UPI mandate revocation, and direct depository SMS notifications.

• Refunds and ASBA unblocking are scheduled for August 18, 2026.
• Shares will be credited to Demat accounts on the same day, August 18, 2026.
• The IPO is slated for listing on both NSE and BSE on August 19, 2026.