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These days the enthusiasm of investors in the primary market is at its peak. Investors have bet openly on the public issue of Behari Lal Engineering Limited (Behari Lal Engineering IPO). Due to excellent subscription figures and continuously strengthening position in the gray market, there is a huge curiosity in the market regarding the listing of this IPO. Official listing of the company's shares on BSE and NSE is proposed on Tuesday, August 19, 2026. Complete details of IPO subscription and price band: This IPO was opened for investors on 12th August and bidding could be done till 14th August 2026. The company had fixed the price band for this at Rs 271 to Rs 285 per share. 52 shares were placed in one lot, due to which investors had to invest a minimum of Rs 14,820. Overall, this IPO received a bumper subscription of more than 118 times during the three-day bidding process. Talking about different categories: Retail category: Subscribed 54 times Institutional buyers (QIB): Subscribed 222 times Non-Institutional Investors (NII): Subscribed 167 times Apart from this, this issue for anchor investors was opened on August 11, from which the company raised Rs 90.49 crore. This total IPO size of Rs 301.62 crore includes 33 lakh fresh shares and 73 lakh shares under Offer for Sale (OFS). Company's dominance in gray market and GMP According to market experts and gray market trackers (Investors Gain), the company's gray market premium (GMP) remains in a very strong position. Currently the GMP of this IPO is trading around Rs 110. If we look at the current GMP and upper price band of Rs 285, it is indicating that investors can get a huge profit of about 38 percent on the very first day of listing in the stock market. Strong financial position and order book fundamentals of Bihari Lal Engineering have also managed to win the confidence of investors. As per the data till May 31, 2026, the company has a total strong order pending of Rs 178.57 crore. During the financial year 2026, the company performed brilliantly and recorded a revenue of Rs 546 crore and a net profit of Rs 64.64 crore. On the basis of strong financial health and tremendous subscription, it is expected that the listing to be held tomorrow i.e. on 19th August will prove to be very beneficial for the investors.