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Behari Lal Engineering IPO Subscription Status

The Behari Lal Engineering IPO has been subscribed 108.44x times overall. Retail investors have shown interest with bids for 53.27x the shares available. The Non-Institutional Investor (NII) category has been subscribed 165.32x. Within NII, Big HNI (B-HNI) subscribed 159.75x and Small HNI (S-HNI) subscribed 176.45x. Qualified Institutional Buyers (QIBs) have subscribed 165.33x. Data last updated on 08 Sep, 01:37 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 Aug, 2026 and closes on 14 Aug, 2026. The shares are expected to list on stock exchanges on 19 Aug, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 08 Sep 2026, 01:37 PM
Category Bid details Times
QIB 33,67,52,156 of 20,36,900 117 applications 9,597.44 Cr 165.33x
NII 26,66,14,140 of 16,12,761 1,70,806 applications 7,598.50 Cr 165.32x
Retail 20,04,63,744 of 37,63,108 31,59,664 applications 5,713.22 Cr 53.27x
TOTAL 80,38,30,040 33,30,587 applications 22,909.16 Cr 108.44x

Behari Lal Engineering IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹285.

Applications
33,30,599
Allottees
73,539
Overall odds
1 in 45
Amount collected
₹22,931 Cr
Category Apps Got Odds
QIB 64.28x subscribed 129 128 1 in 1.0
Ex. Anchor
117 117 All
Anchor
12 11 1 in 1.1
NII (HNI) 167.41x subscribed 1,70,806 2,179 1 in 78
bNII >₹10L
46,816 1,453 1 in 32
sNII <₹10L
1,23,990 726 1 in 171
Retail 53.66x subscribed 31,59,664 71,232 1 in 44
TOTAL 76.03x subscribed 33,30,599 73,539 1 in 45

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 54 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 165.33x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
14 Aug 2026
Day 3
108.44x ▼
QIB165.33x BHNI159.75x SHNI176.45x Retail53.27x
13 Aug 2026
Day 2
7.78x ▼
QIB2.22x BHNI8.68x SHNI15.96x Retail9.36x
12 Aug 2026
Day 1
2.03x ▼
QIB0.73x BHNI1.26x SHNI3.81x Retail2.69x

Behari Lal Engineering IPO dates

From the bidding window to listing. Today is 25 September.

Key dates Listed
  1. Open 12 Aug 2026
  2. Close 14 Aug 2026
  3. Allotment 17 Aug 2026
  4. Refund/credit 18 Aug 2026
  5. Listing 19 Aug 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
BANDHAN LARGE & MID CAP FUND ₹14.00 Cr 15.47%
360 ONE EQUITY OPPORTUNITY FUND-SERIES IV ₹13.00 Cr 14.37%
WHITEOAK CAPITAL BALANCED ADVANTAGE FUND ₹10.00 Cr 11.05%
SINGULARITY LARGE VALUE FUND III ₹10.00 Cr 11.05%
TATA AIA LIFE INSURANCE CO.LTD.-FLEXI GROWTH FUND (ULIF 068 25/04/23 FGF 110) ₹9.00 Cr 9.95%
AMICORP CAPITAL (MAURITIUS) LTD. ₹7.49 Cr 8.27%
DYNASIF EQUITY EX-TOP 100 LONG-SHORT FUND ₹7.00 Cr 7.74%
WHITEOAK CAPITAL INDIA OPPORTUNITIES FUND ₹5.00 Cr 5.53%
WHITEOAK CAPITAL EQUITY FUND ₹5.00 Cr 5.53%
PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND ₹5.00 Cr 5.53%
IKIGAI SMALL CAP FUND ₹5.00 Cr 5.53%
TOTAL ₹90.49 Cr 100.02%

Behari Lal Engineering IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 in 44
~2.3% chance per PAN — 3,159,664 applicants for 72,367 allotment slots. Winners get exactly 1 lot (₹14,820) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 169
~0.6% chance — 123,990 applicants for 738 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 154
~0.6% chance — 46,816 applicants for 304 allotment slots. Lottery allots the minimum B-HNI application of 68 lots (₹10.1 L) per winner; the rest is proportionate.
QIB (institutions)
165.33x
Proportionate allotment — at 165.33x, institutions receive ~0.6% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Behari Lal Engineering IPO?

As of IPO close date (14 Aug, 2026), the Behari Lal Engineering IPO is subscribed 108.44x times. Retail category is 53.27x, and NII is 165.32x subscribed.

When is the allotment date for Behari Lal Engineering IPO?

The allotment for Behari Lal Engineering IPO is expected to be finalized on 17 August, 2026.

What is the GMP of Behari Lal Engineering?

The Grey Market Premium (GMP) for Behari Lal Engineering is currently ₹133, indicating a potential listing gain of 46.67%.

When will Behari Lal Engineering IPO list on the stock market?

Behari Lal Engineering is scheduled to list on BSE and NSE on 19 August, 2026.

What are the chances of getting allotment in Behari Lal Engineering IPO?

The retail category is oversubscribed at 53.27x, meaning allotment is by lottery. Statistically, approximately 1 in 54 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 165.33x mean for Behari Lal Engineering IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 165.33x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Behari Lal Engineering IPO allotment status?

After the allotment date (17 Aug, 2026), you can check your Behari Lal Engineering IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
108.44x
QIB
165.33x
NII
165.32x
Retail
53.27x
Full IPO details