Bharat Road Network Limited
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₹14,965(73 Shares)
Minimum Investment
IPO Dates
Sep 6, 2017 – Sep 8, 2017
Price Band
₹195–205 per equity share
Lot Size
73
Listing
Sep 18, 2017
Listing At
BSE, NSE
Sep 6, 2017Open DateCompleted
Sep 8, 2017Close DateCompleted
TBAAllotment DateUpcoming
Sep 18, 2017Listing DateCompleted
Bharat Road Network Limited Live Subscription Details
All IPOsAll Live IPOsRetail5.16x
QIB1.33x
NIIs
1.63xOverall Subscription
Total Bids Received
1.75x
Bharat Road Network Limited IPO Issue Details
- Issue Price
- To be announced Per Equity Share
- Face Value
- ₹Rs 10 . Per Equity Share
- Listing At
- BSE, NSE
- Listing Date
- Sep 18, 2017
Market Lot Details
Company Information
Valuations
RoNW
- (7.29)%
Objectives of the Issue
- 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
Contact Details
Frequently Asked Questions — Bharat Road Network Limited IPO
The Bharat Road Network Limited IPO price band is set at ₹195.00 to ₹205.00 per equity share.
The lot size for Bharat Road Network Limited IPO is 73 shares per lot. The minimum investment amount is approximately ₹14,965.
The Bharat Road Network Limited IPO opens on Sep 6, 2017 and closes on Sep 8, 2017.
Bharat Road Network Limited IPO is expected to be listed on Sep 18, 2017 on BSE, NSE.
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