Behari Lal Engineering IPO Day 2: Issue booked 2.10x so far. Check GMP, review, key dates. Apply or not?

Behari Lal Engineering IPO was subscribed 2.03 times on its opening day. Priced between ₹271– ₹285, it will close on 14 August. The company aims to use proceeds for manufacturing capacity expansion. Analysts recommend a 'SUBSCRIBE' rating due to favorable growth prospects.