Exchanges
BSE, NSE
Industry
Civil Construction
Issue
Book building

Bharat Road Network IPO

₹208.45

+1.68% on listing

Listing-day close · NSE · 18 Sep 2017 · issue price ₹205

Bharat Road Network’s ₹601 crore IPO was priced at ₹205 a share. It listed on the NSE on 18 Sep 2017 and closed its first day at ₹208.45, up 1.68% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹601 Cr
Fresh issue
₹601 Cr
Offer for sale
—
Lot size
73 shares
Minimum investment
₹14,965
Face value
₹10
Registrar
Kfin Technologies

Subscription

Bharat Road Network IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.55×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,721 Cr
Promoter holding
100.00% → 65.10%

From the offer documents.

Listing

Listing date
18 Sep 2017
Issue price
₹205
Open
₹205.00
High
₹218.90
Low
₹195.35
Close
₹208.45

Listing day on the NSE. The close was +1.68% on the issue price.

BRNL share price today

FAQs

When did the Bharat Road Network IPO open and close?

It opened on 6 Sep 2017 and closed on 8 Sep 2017.

What was the Bharat Road Network IPO price?

The price band was ₹195–205 a share. The final issue price was ₹205.

What is the lot size and minimum investment?

One lot is 73 shares, ₹14,965 at ₹205 a share. Retail investors apply in whole lots.

How much did Bharat Road Network raise?

₹601 crore: ₹601 crore of new shares.

How many times was the Bharat Road Network IPO subscribed?

1.55 times overall.

How did Bharat Road Network list?

It listed on the NSE on 18 Sep 2017 at ₹205.00 and closed the day at ₹208.45, up 1.68% on the ₹205 issue price.

Who is the registrar of the Bharat Road Network IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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