Why is ipo allotment status in the news?

The IPO allotment status of Behari Lal Engineering is in the news because the company’s initial public offering (IPO) allotment is scheduled to be announced today.

According to the article, investors can check their IPO allotment status on the BSE website. The article also mentions that the IPO was subscribed 1.23 times, with the qualified institutional buyers (QIBs) category being subscribed 1.35 times.

The IPO of Behari Lal Engineering was priced at Rs 55 per share, and the company had raised Rs 1,000 crore through the issue. The article does not provide information on the listing date of the company’s shares.

Investors can check their IPO allotment status on the BSE website, and the article provides a link to the website where they can check their allotment status.