Bharat Road Network Limited IPO

BSE, NSEClosed

Sep 6, 2017Open Date

Sep 8, 2017Close Date

TBAAllotment Date

Sep 18, 2017Listing Date

Subscription Details

Retail5.16x

QIB1.33x

NIIs (Non-Institutional Investors)Main Category

1.63x

Overall Subscription

Total Bids Received

1.75x

Updated: 10 Jul, 06:10 pm

Issue PriceTo be announced Per Equity Share

Face Value₹Rs 10 . Per Equity Share

Listing AtBSE, NSE

Listing DateSep 18, 2017

RoNW

- (7.29)%

1Advancing of subordinate debt in form of interest free unsecured loan to their Subsidiary, STPL, for part financing of the STPL Project ('STPL Sponsor Investment')
2Acquisition of the subordinated debt in the form of unsecured loans/OCPIDs/warrants/OCDs, advanced/held by SREI to STPL, KEPL and MTPL ("Identified SPVs")
3Benefits of listing of its Equity Shares on the Stock Exchanges
4General Corporate purpose