New Delhi, Aug. 17 -- Behari Lal Engineering IPO allotment: The allotment of Behari Lal Engineering is likely to be finalised today, 17 August, following stellar response from investors during the three-day subscription period.

The IPO, which remained open for subscription from August 12 to August 14, witnessed robust demand from investors across all categories, resulting in an overall subscription of 108.44 times.

The retail investor portion was subscribed 53.27 times, while qualified institutional buyers (QIBs) showed exceptionally strong interest, with their quota subscribed 165.33 times. The non-institutional investors (NIIs) segment also saw heavy demand, receiving 165.32 times subscription.

The shares of Behari Lal Engineering is...