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These days the enthusiasm of investors in the primary market is at its peak. Investors have bet openly on the public issue of Behari Lal Engineering Limited (Behari Lal Engineering IPO). Due to excellent subscription figures and continuously strengthening position in the gray market, there is a huge curiosity in the market regarding the listing of this IPO. Official listing of the company’s shares on BSE and NSE is proposed on Tuesday, August 19, 2026.
Complete details of IPO subscription and price band
This IPO was open for investors on August 12 and bidding could be done till August 14, 2026. The company had fixed the price band for this at Rs 271 to Rs 285 per share. 52 shares were placed in one lot, due to which investors had to invest a minimum of Rs 14,820.
This IPO was sold in total during the three-day bidding process. 118 times Received a bumper subscription of more than Rs. Talking about different categories:
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Retail Category: subscribe 54 times
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Institutional Buyer (QIB): Subscribe 222 times
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Non-Institutional Investors (NII): subscribed 167 times
Apart from this, the issue was opened for anchor investors on August 11, from which the company raised Rs 90.49 crore. This total IPO size of Rs 301.62 crore includes 33 lakh fresh shares and 73 lakh shares under Offer for Sale (OFS).
Company’s dominance in gray market and GMP
According to market experts and gray market trackers (Investors Gain), the company’s gray market premium (GMP) remains in a very strong position. Currently GMP of this IPO 110 rupees Is trading around. If we look at the current GMP and the upper price band of Rs 285, it is indicating that on the very first day of listing in the stock market, investors will get approximately 38 percent You can get huge benefits up to Rs.
Strong financial position and order book
The fundamentals of Bihari Lal Engineering have also been successful in winning the trust of investors. As per the data till May 31, 2026, the company has a total strong order pending of Rs 178.57 crore. During the financial year 2026, the company performed brilliantly and recorded a revenue of Rs 546 crore and a net profit of Rs 64.64 crore. On the basis of strong financial health and tremendous subscription, it is expected that the listing to be held tomorrow i.e. on 19th August will prove to be very beneficial for the investors.