📅Offer Date: 06 Sept 2017 – 08 Sept 2017
Data sourced from BSE & NSE · Last updated
Bharat Road Network Limited IPO was subscribed 1.75x in total when bidding closed on 08 Sept 2017, with 1.33x in the QIB category, 1.63x in NII, 5.16x in retail. The issue ran from 06 Sept 2017 to 08 Sept 2017 at a price band of ₹195.00–₹205.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (5.16x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 2,19,75,000 | 2,92,26,750 | 1.33x |
| NIIs | 43,95,000 | 71,63,850 | 1.63x |
| Retail | 29,30,000 | 1,51,18,800 | 5.16x |
| Total | 2,93,00,000 | 5,12,75,000 | 1.75x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 450.49 | 599.15 | 1.33x |
| NIIs | 90.10 | 146.86 | 1.63x |
| Retail | 60.06 | 309.94 | 5.16x |
| Total | 600.65 | 1055.94 | 1.75x |
Values derived from share count × issue price (₹205.00)
Because Bharat Road Network Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.