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Behari Lal Engineering IPO Day 2: GMP signals decent listing, issue subscribed over 2x. Should you subscribe?

Behari Lal Engineering’s Rs 302-crore IPO saw strong demand, with the issue subscribed over two times on Day 1. The IPO carries a 26% grey market premium, indicating expectations of a strong listing. Investors are also weighing the company’s expansion plans, capacity addition and diversified industrial customer base ahead of the August 14 closing date.

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Economic TimesLean R·1h ago
Behari Lal Engineering IPO Day 2: GMP signals decent listing, issue subscribed over 2x. Should you subscribe?
Behari Lal Engineering’s Rs 302-crore IPO saw strong demand, with the issue subscribed over two times on Day 1. The IPO carries a 26% grey market premium, indicating expectations of a strong listing. Investors are also weighing the company’s expansion plans, capacity addition and diversified industrial customer base ahead of the August 14 closing date.
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Behari Lal Engineering IPO Day 2: GMP signals decent listing, issue subscribed over 2x. Should you subscribe?

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Behari Lal Engineering IPO Day 2: GMP signals decent listing, issue subscribed over 2x. Should you subscribe?

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