Behari Lal Engineering IPO Subscription
ListedUpdated 19 August 2026, 9:15 AM IST· Mainboard
Behari Lal Engineering IPO subscription closed on 14 August 2026 at 118.07x overall by shares. QIB demand came in at 222.04x, NII at 167.95x, and retail at 54.12x. See Retail, SHNI, and BHNI allotment chances in the…
Behari Lal Engineering IPO subscription closed on 14 August 2026 at 118.07x overall by shares. QIB demand came in at 222.04x, NII at 167.95x, and retail at 54.12x. See Retail, SHNI, and BHNI allotment chances in the table below.
Show moreShow less
Allotment date is 17 August 2026. Listing date on NSE and BSE is 19 August 2026.
Behari Lal Engineering IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 12 Aug 2026 | 0.98x | 2.14x | 2.74x | 2.21x |
| Day 2 - 13 Aug 2026 | 2.98x | 11.28x | 9.52x | 8.47x |
| Day 3 - 14 Aug 2026 | 222.04x | 167.84x | 53.69x | 117.81x |
Behari Lal Engineering IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Behari Lal Engineering IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 44.78x | 1 in 45 |
| SHNI (Rs 2L to Rs 10L) | 170.99x | 1 in 171 |
| BHNI (above Rs 10L) | 32.26x | 1 in 32 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Behari Lal Engineering IPO Allotment Status page from 17 August 2026 for your result.
Behari Lal Engineering IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 285.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 43.22 Cr | Rs 9,597.44 Cr | 222.04x |
| FII | - | Rs 1,566.52 Cr | - |
| DFI | - | Rs 5,561.60 Cr | - |
| Mutual Funds | - | Rs 239.32 Cr | - |
| Other | - | Rs 2,230.00 Cr | - |
| NII | Rs 45.24 Cr | Rs 7,598.50 Cr | 167.95x |
| bNII (above Rs 10L) | Rs 30.16 Cr | Rs 4,895.08 Cr | 162.29x |
| Corporate | - | Rs 70.53 Cr | - |
| Individual | - | Rs 4,639.30 Cr | - |
| Other | - | Rs 185.25 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 15.08 Cr | Rs 2,703.42 Cr | 179.26x |
| Corporate | - | Rs 11.19 Cr | - |
| Individual | - | Rs 2,596.01 Cr | - |
| Other | - | Rs 96.21 Cr | - |
| Retail | Rs 105.57 Cr | Rs 5,713.22 Cr | 54.12x |
| Cut-off price | - | Rs 4,904.57 Cr | - |
| Fixed price | - | Rs 808.65 Cr | - |
| Total | Rs 194.03 Cr | Rs 22,909.16 Cr | 118.07x |
Behari Lal Engineering IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 15,16,633 | 681 | 0.00x |
| FII | - | 48 | - |
| DFI | - | 59 | - |
| Mutual Funds | - | 20 | - |
| Other | - | 554 | - |
| NII | 2,181 | 1,71,208 | 78.50x |
| bNII (above Rs 10L) | 1,454 | 46,900 | 32.26x |
| Corporate | - | 665 | - |
| Individual | - | 44,438 | - |
| Other | - | 1,797 | - |
| sNII (Rs 2L to Rs 10L) | 727 | 1,24,308 | 170.99x |
| Corporate | - | 476 | - |
| Individual | - | 1,19,330 | - |
| Other | - | 4,502 | - |
| Retail | 71,233 | 31,89,701 | 44.78x |
| Cut-off price | - | 27,28,786 | - |
| Fixed price | - | 4,60,915 | - |
| Total | 15,90,047 | 33,61,590 | 2.11x |
What Do These Subscription Numbers Mean?
118.07x overall by shares means bids covered about 118 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 222.04x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (78.50x by applications). Split: SHNI 170.99x, BHNI 32.26x by applications. SHNI and BHNI allotment is by lottery.
At 44.78x subscription by applications, about 1 in 45 retail applicants may get allotment (~2% chance per application). Retail allotment is also by lottery.
Behari Lal Engineering IPO GMP After Subscription
GMP for Behari Lal Engineering IPO stands at Rs 133.00 today, giving an estimated listing price of Rs 418.00 per share.
A subscription of 118.07x combined with a GMP of 46.67% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Behari Lal Engineering IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Behari Lal Engineering IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 12 August 2026 |
| IPO Close Date | 14 August 2026 |
| Allotment Date | 17 August 2026 |
| Refund Initiation | 18 August 2026 |
| Share Credit to Demat | 18 August 2026 |
| Listing Date | 19 August 2026 |
| Minimum Investment | Rs 14,820.00 |
| Lot Size | 52 shares |
About Behari Lal Engineering IPO
Behari Lal Engineering Limited (originally incorporated in 1995 as Behari Lal Ispat Private Limited) is an integrated iron and steel manufacturing company providing specialized engineering and metallurgical solutions for industrial applications. The company produces precision-engineered metal rolls, engineering castings (ranging from 500 kg to 20 MT), alloy steel products (carbon, alloy, and stainless steel bars), and forging ingots/forged components. It operates two manufacturing facilities in Mandi Gobindgarh, Punjab, with an aggregate installed capacity of 119,464 MT, serving key sectors like steel, mining, power generation, sugar processing, infrastructure, and heavy engineering.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Behari Lal Engineering IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Behari Lal Engineering IPO Details
Issue size, price, financials, and company info
Behari Lal Engineering IPO GMP
Live grey market premium and listing estimate
Behari Lal Engineering IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Behari Lal Engineering IPO Allotment
Allotment date, chances, and check by PAN
Behari Lal Engineering IPO Review
SWOT, strengths, risks, and IPO review
Behari Lal Engineering IPO FAQ
Common questions on dates, GMP, and allotment
Behari Lal Engineering IPO Registrar
Registrar website and how to check allotment
Behari Lal Engineering IPO Timeline
Open, close, allotment, and listing dates
Behari Lal Engineering IPO News
Updates, blogs, and latest IPO news
Behari Lal Engineering IPO Subscription FAQs
What is Behari Lal Engineering IPO subscription status today?
Behari Lal Engineering IPO subscription closed on 14 August 2026 with overall subscription of 118.07x (by shares) as of 9 September 2026, 6:47 PM IST. QIB 222.04x, NII 78.50x, Retail 44.78x.
What is the overall subscription of Behari Lal Engineering IPO?
Behari Lal Engineering IPO is subscribed 118.07x overall by shares at close on 14 August 2026. QIB 222.04x, NII 78.50x, and Retail 44.78x.
What is Behari Lal Engineering IPO QIB subscription?
Behari Lal Engineering IPO QIB (Qualified Institutional Buyers) subscription is 222.04x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Behari Lal Engineering IPO Retail subscription?
Behari Lal Engineering IPO Retail subscription is 44.78x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Behari Lal Engineering IPO NII, SHNI, and BHNI subscription?
Behari Lal Engineering IPO NII subscription is 78.50x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 170.99x and BHNI (above Rs 10L) at 32.26x.
What are Behari Lal Engineering IPO retail allotment chances?
At 44.78x subscription by applications, about 1 in 45 retail applicants may get allotment (~2% chance per application). Allotment is by lottery. Share subscription was 54.12x. Allotment chances use applications, not share volume.
What are Behari Lal Engineering IPO SHNI allotment chances?
At 170.99x subscription by applications, about 1 in 171 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 179.26x. Allotment chances use applications, not share volume.
What are Behari Lal Engineering IPO BHNI allotment chances?
At 32.26x subscription by applications, about 1 in 32 BHNI applicants may get allotment (~3% chance per application). Allotment is by lottery. Share subscription was 162.29x. Allotment chances use applications, not share volume.
When is Behari Lal Engineering IPO allotment date?
Behari Lal Engineering IPO allotment date is 17 August 2026. Check Behari Lal Engineering IPO Allotment Status on IPOwiz from that day using your PAN.
When does Behari Lal Engineering IPO subscription close?
Behari Lal Engineering IPO subscription closed on 14 August 2026. No new applications are accepted after the close.
What is Behari Lal Engineering IPO GMP today?
Behari Lal Engineering IPO GMP is ₹133 today (+46.67% over issue price ₹285). See live GMP on the Behari Lal Engineering IPO GMP Today page.
What is Behari Lal Engineering IPO issue price and lot size?
Behari Lal Engineering IPO issue price is ₹285 per share. Lot size is 52 shares. Minimum investment is ₹14,820 per lot. Issue size: ₹301.62 Cr.
When is Behari Lal Engineering IPO listing date?
Behari Lal Engineering IPO listing date is 19 August 2026 on NSE and BSE. Allotment is on 17 August 2026.
How does subscription affect Behari Lal Engineering IPO allotment?
In Behari Lal Engineering IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 118.07x overall, competition is very high.
For allotment results from 17 August 2026, visit the Behari Lal Engineering IPO Allotment Status page. For listing day updates on 19 August 2026, download the IPOwiz App.
Sources
We match Behari Lal Engineering IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.