Behari Lal Engineering (BLEL) IPO ends with 108.44 times subscription
Mumbai, Aug. 17 -- Behari Lal Engineering received bids 80,38,30,040 shares as against 74,12,769 shares on offer. The issue was subscribed 108.44 times.
The qualified institutional buyers' (QIB) portion was subscribed 165.33 times, while the non-institutional investors' (NII) category was subscribed 165.32 times. The retail individual investors' (RII) segment was subscribed 53.27 times.
The issue opened for bidding on 12 August 2026 and closed on 14 August 2026. The price band of the IPO is fixed between Rs 271 and 285 per share.
The issue comprises an offer for sale of 2,59,31,407 equity shares of face value of Rs 10 each and a fresh issue of equity shares aggregating up to 2,59,31,407 shares.
Of the net proceeds from the fresh issue...
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