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The Economic Times

Business

Behari Lal Engineering raises Rs 90.5 cr from anchor investors ahead of IPO

Behari Lal Engineering IPO

Behari Lal Engineering Ltd, an integrated iron and steel manufacturing company, on Tuesday said it has raised Rs 90.48 crore from anchor investors ahead of its initial public offering, which opens for subscription on August 12.

The company allocated 31.75 lakh equity shares at Rs 285 apiece to anchor investors, according to a circular uploaded on BSE's website.

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