New Delhi, Aug. 13 -- Behari Lal Engineering IPO subscription status: The Behari Lal Engineering IPO was subscribed 2.03 times on the first day of bidding on Wednesday, 12 August, indicating a positive response from investors.

The company has fixed the Behari Lal Engineering IPO price band at Rs.271- Rs.285 per equity share, with a face value of Rs.10 per share. The three-day issue opened for subscription on 12 August and will close on 14 August. The anchor investor bidding took place on 11 August.

The Behari Lal Engineering IPO lot size is 52 equity shares, with investors allowed to bid in multiples of 52 shares thereafter.

Under the reservation structure, up to 50% of the issue is reserved for Qualified Institutional Buyers (QIBs), a...