Behari Lal Engineering IPO Subscription Status
Final figures at close of bidding: 19 Aug 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 222.04x |
| NII | 167.95x |
| sNII (₹2L–₹10L) | 179.26x |
| bNII (above ₹10L) | 162.29x |
| Retail (RII) | 54.12x |
| Total | 118.07x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.98x | 3.87x | 1.28x | 2.74x | 2.21x |
| Day 2 | 2.98x | 16.22x | 8.82x | 9.52x | 8.47x |
| Day 3 | 222.04x | 179.26x | 162.29x | 54.12x | 118.07x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the Behari Lal Engineering IPO ran across 3 recorded days: overall subscription stood at 2.21× at the close of day 1, read 8.47× at the end of day 2, and finished at 118.07× on day 3. On the final day it was qualified institutional buyers (QIB) driving the book, at 222.04× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 8.47× to 118.07×.
Category detail
Institutional demand closed at 222.04× of the QIB quota. Non-institutional investors came in at 167.95×, split 179.26× in the small-NII bucket (bids under ₹10 lakh) and 162.29× among big NIIs (above ₹10 lakh). Within the NII book, the smaller sub-₹10-lakh applications outpaced the bigger bids. Retail investors put in bids for 54.12× the shares reserved for them. That puts qualified institutional buyers (QIB) at the top of the book at 222.04× and retail investors at the bottom at 54.12×.
What the multiple means for allotment
A retail multiple of 54.12× means bids in the category outnumbered the shares set aside for it roughly 54.12 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 52 shares — ₹14,820 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Behari Lal Engineering IPO open and close?
- The Behari Lal Engineering IPO opens on 12 Aug 2026 and closes on 14 Aug 2026.
- How many times was the Behari Lal Engineering IPO subscribed?
- The Behari Lal Engineering IPO was subscribed 118.07 times in total across all investor categories.
- What is the reservation split in the Behari Lal Engineering IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.