Behari Lal Engineering IPO Subscription Status Day 2 – Subscription Status, Key dates & updates

Behari Lal Engineering's IPO is now in its second day of bidding, 13 August, 2026. Incorporated in 1995, the company is an integrated iron and steel manufacturing business specialising in customised engineering solutions. It manufactures precision-engineered components for critical industrial applications, including metal rolls, engineering castings, alloy steel products, forging ingots, and forged shafts and blocks, catering to a wide array of end-user industries with stringent qualification processes.

This is a ₹301.62 crore IPO, made up of a ₹93 crore fresh issue and an offer for sale of ₹208.62 crore across five promoter selling shareholders and one corporate entity, SG Tech Engineering Pvt. Ltd. Part of the money raised goes into the business, while the rest goes to the selling shareholders.

Price band is ₹271 to ₹285 per share. Lot size is 52 shares, so retail investors need ₹14,820 to apply at the upper end. The issue closes on 14 August, and listing is expected August 19 on both BSE and NSE.

Behari Lal Engineering IPO - Day 2 Subscription Status

Day 1 closed with the issue subscribed 2.03 times overall, a strong opening led by retail and NII. Demand has continued to build on Day 2, with the overall figure climbing to 7.02x.

Category-wise Breakdown on Day 2

What Day 2 Numbers Indicate

NII has surged to 9.48x, with small HNIs (13.83x) running well ahead of big HNIs (7.31x), reflecting strong conviction from HNI investors this early in the window. Retail has also climbed sharply, from 2.69x on Day 1 to 8.58x by Day 2's afternoon, comfortably oversubscribed and now firmly in lottery-allotment territory.

QIB has moved past full subscription too, now at 2.21x, up from 0.73x at Day 1's close. Institutional bids typically arrive in force closer to the final day, so this category still has room to climb further before the issue closes today.

Overall subscription at 7.02x by Day 2's afternoon confirms the issue is comfortably oversubscribed across every category. Given the company's diversified industrial customer base and established manufacturing facilities, this broad-based demand across retail, NII, and QIB reflects solid investor conviction heading into the final day.

Behari Lal Engineering IPO - Allotment and Listing Date

Should You Apply for Behari Lal Engineering IPO?

A few things worth weighing before you decide:

• It's a mix of fresh issue and offer for sale, with the ₹93 crore fresh issue going into the company, while the larger ₹208.62 crore OFS portion goes to selling promoters and one corporate shareholder.
• The company has long-standing relationships with customers across a wide array of end-user industries with stringent qualification processes, along with a diversified product portfolio and strategically located manufacturing facilities.
• The company is reliant on third-party suppliers without long-term contracts for raw materials; procurement costs from its top 10 suppliers made up 38.39% of total expenses in FY26, worth keeping in mind given the pricing dynamics of the steel industry.
• By Day 2's afternoon, every category was comfortably oversubscribed, NII at 9.48x, retail at 8.58x, and QIB at 2.21x, reflecting broad-based demand across the board.
• With demand already running well ahead of the shares on offer in every category, allotment is very likely to be decided by lottery for retail and NII applicants.

This is informational content, not investment advice. Weigh your own risk appetite before applying.

How to Apply for Behari Lal Engineering IPO

You can apply through any of these routes:

1. ASBA via net banking – log into your bank's net banking, go to the IPO section, select Behari Lal Engineering, enter quantity and bid price, then authorise.
2. UPI via broker app – open your broker app, find the IPO under current issues, enter your UPI ID and bid details, then approve the mandate on your UPI app.
3. Physical ASBA form – submit through your bank branch if you prefer the offline route.

Since this is the closing day, get your application in well before the cut-off this evening. Bid in multiples of the 52-share lot, and apply at the cut-off price to keep your allotment chances intact.

Behari Lal Engineering IPO Important Dates

Day 1 & Day 2 Subscription Updates

Day 1 closed at 2.03x overall, with retail leading at 2.69x and NII at 2.11x. Day 2 has built strongly to 7.02x overall, with every category comfortably oversubscribed, NII at 9.48x, retail at 8.58x, and QIB at 2.21x, heading into today's final-day close.

How to Check Behari Lal Engineering IPO Subscription Status

How to check Behari Lal Engineering IPO Subscription Status on NSE website

1. Go to the NSE India website and open the "Live IPO Bidding" section.
2. Select Behari Lal Engineering Limited from the dropdown.
3. You'll see category-wise bid numbers, updated through the trading day.

How to check Behari Lal Engineering IPO Subscription Status on BSE website

1. Visit the BSE India IPO page.
2. Search for Behari Lal Engineering under active issues.
3. Click on it to view live bid quantity against shares reserved, split by category.

How to check Behari Lal Engineering IPO Subscription Status on Ventura?

Log into your Ventura account, go to the IPO section, and select Behari Lal Engineering from the list of live issues. You'll find the live subscription numbers along with your own application status if you've already applied.

IPO Subscription History

Previous Day Subscription

Day 1 closed with the issue subscribed 2.03 times overall, with retail leading at 2.69x, NII at 2.11x, and QIB at 0.73x.

Final Subscription Figures

Final numbers will only be available once bidding closes today, August 14, 2026. Check back after the window shuts for the complete category-wise final tally.

Conclusion

Behari Lal Engineering's IPO has built strongly into Day 2, moving from 2.03x at Day 1's close to 7.02x, with NII (9.48x), retail (8.58x), and QIB (2.21x) all comfortably oversubscribed. With every category now firmly past full subscription, this is one to watch closely as bidding heads into its final hours today, ahead of the August 14 close.