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Bharat Road Network Ltd.

Bharat Road Network Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹205
₹205
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹205
Based on GMP
Min. Investment
₹14,965
1 lot × 73 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
06 Sep 2017
Close Date
08 Sep 2017
Allotment
13 Sep 2017
Listing Date
18 Sep 2017
Exchange
NSE & BSE
Price Band
₹205
Listing Price
See chart
Allotment Status
Price Band
₹205
Per share
Face Value
₹10 per share
 
Lot Size
73 Shares
per lot
Issue Size
2,93,00,000 shares (aggregating up to ₹600.65 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,965
1 lot
Pre-IPO Holding
5,46,50,000 shares
Promoters
Post-IPO Holding
8,39,50,000 shares
Promoters
UPI Deadline
2017-09-08
Mandate
Anchor AllotmentTue, 05 Sep 2017
Basis of AllotmentWed, 13 Sep 2017
Refund InitiationThu, 14 Sep 2017
Demat CreditThu, 14 Sep 2017
Listing DayMon, 18 Sep 2017
UPI Mandate Deadline2017-09-08
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Bharat Road Network Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 08 Sep 2017.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
29,300,000
100% ₹600.65
IPO Shares Offered
Bharat Road Network Ltd. IPO total issue size: ₹600.65 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 29,300,000 ₹600.65
100.00%
* Based on upper price band ₹205 per share
Lot Size & Investment
Lot Size
73
Shares per Lot
Issue Price
₹205.00
Upper Band
Min Investment
₹14,965
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2146₹29,930
Retail (Max — 13 Lots)13949₹194,545
S-HNI (Min — 14 Lots)141,022₹209,510
B-HNI (Min — 68 Lots)684,964₹1,017,620
* Issue Price ₹205 × Lot Size 73 shares
IPO Schedule
Anchor
05 Sep 2017
✓ Done
IPO Open
06 Sep 2017
✓ Done
IPO Close
08 Sep 2017
✓ Done
Allotment
13 Sep 2017
✓ Done
Refunds
14 Sep 2017
✓ Done
Demat Credit
14 Sep 2017
✓ Done
Listing Day
18 Sep 2017
✓ Done
Bharat Road Network Ltd. — Live Price LIVE
₹205.00
INR · BSE
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Issue ₹205.00 Live Price
About Bharat Road Network Ltd.
Incorporated in 2006, Bharat Road Network Limited, a subsidiary of SREI Infrastructure Finance Ltd is engaged in the business of development, implementation, operation, and maintenance of roads/highways projects.Bharat Road involved in the development, operation and maintenance of national and state highways in several states in India with projects in states of Uttar Pradesh, Kerala, Haryana, Madhya Pradesh, Maharashtra and Odisha through partnerships with experienced EPC players in the local space where the project is located.Company offers a range of project management services, including design, engineering, and quality control, as well as engineering, processing, and construction management; and project advisory services, such as project management consultancy, project conceptualization, commissioning, and operation and management of the projects, as well as undertakes debt syndication, refinancing, and financial restructuring of its projects.Their project portfolio consisting of six (6) BOT Projects, of which two (2) are Projects operational under Final COD, three (3) are Projects operational under Provisional COD and one (1) is a Project under Construction.
Objects of the Issue
1
1 STPL Sponsor Investment
2
2 Acquisition of the subordinated debt in the form of unsecured loans/ OCPIDs/ warrants/ OCDs, advanced/held by SREI to/in the Identified SPVs
3
3 General corporate purposes
Bharat Road Network Ltd. Financials (Amount In Crore)
Revenue from Operations
₹41.5
31-Mar-15
₹4.3
31-Mar-16
₹14.9
31-Mar-17
Profit After Tax (PAT)
₹26.4
31-Mar-15
₹92.5
31-Mar-16
₹73.9
31-Mar-17
Particulars31-Mar-1731-Mar-1631-Mar-15
Revenue from Operations 14.93 4.25 41.49
EBITDA N/A N/A N/A
Profit After Tax (PAT) 73.89 92.54 26.42
Net Worth N/A N/A N/A
Total Assets 1232.39 836.80 628.97
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered2,93,00,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding5,46,50,000 shares
Post-Issue Promoter Holding8,39,50,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Investec Capital Services (India) Pvt.Ltd.
ITI Capital Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Bharat Road Network Ltd. IPO subscribed?

Bharat Road Network Ltd. IPO is subscribed 1.00 times by Sep 08, 2017. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Bharat Road Network Ltd. IPO retail subscription status?

The Bharat Road Network Ltd. IPO retail category is subscribed 1.00 times as of 08 Sep 2017. The retail portion is oversubscribed.

How to subscribe Bharat Road Network Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 06 Sep 2017 and closes 08 Sep 2017. Min investment: ₹14,965 (1 lot = 73 shares). UPI mandate: 2017-09-08.

How many times Bharat Road Network Ltd. IPO subscribed?

The Bharat Road Network Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Bharat Road Network Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Sep 2017. Refunds: on 14 Sep 2017.

When Bharat Road Network Ltd. IPO will be listed?

The Bharat Road Network Ltd. IPO listing date is 18 Sep 2017, Monday. Listed on: NSE & BSE. Issue price: ₹205. Estimated listing: ₹205. GMP: NIL.

When Bharat Road Network Ltd. IPO close?

The Bharat Road Network Ltd. IPO closes on 08 Sep 2017, Friday. UPI mandate: 2017-09-08. Allotment: 13 Sep 2017. Listing: 18 Sep 2017.