Bharat Road Network Limited
06 Sep 2017 – 08 Sep 2017
LISTED
Offer Price
₹195–205
Bid lot
73
Min Application
₹14,965
Issue Size
₹601 Cr
Key dates
Open date
06 Sep 2017
Done
Close date
08 Sep 2017
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
18 Sep 2017
Today
Issue reservation
₹601 CrQIB 50%Retail 35%
QIB
1.47 Cr sh · ₹300.50 Cr
Retail
1.03 Cr sh · ₹210.35 Cr
BRLM: Inga Capital Private Limited · Investec Capital Services (India) Private Limited · Srei Capital Markets Limited
Lot ladder — how much to bid
1 lot = 73 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
73 sh · ₹14,965
Max · 13 lots
949 sh · ₹1,94,545
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
1,022 sh · ₹2,09,510
Max · 66 lots
4,818 sh · ₹9,87,690
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
4,891 sh · ₹10,02,655
Entry point
₹10,02,655 onward
Issue details
Lead managersInga Capital Private Limited, Investec Capital Services (India) Private Limited, Srei Capital Markets Limited
Face value₹10
Listing onNSE
RegistrarKarvy Computer Share Private Limited
Live subscription
3.13×
0×1×2×3×+
Oversubscribed
Book₹510.85 Cr
Subscribed₹1,597 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,46,58,537₹300.50 Cr | 1,94,95,854₹399.67 Cr | 1.33× |
| HNI | 43,97,561₹90.15 Cr | 71,68,024₹146.94 Cr | 1.63× |
| Retail | 1,02,60,976₹210.35 Cr | 5,83,84,951₹1,197 Cr | 5.69× |
| Total | 2,49,19,513₹510.85 Cr | 7,78,80,805₹1,597 Cr | 3.13× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 399.67 |
| HNI | 146.94 |
| Retail | 1,196.89 |
| Total | 1,596.56 |
Amounts at the upper band (₹205). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Bharat Road Network Limited IPO?
One lot of 73 shares — ₹14,965 at the upper price band of ₹205.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2017-09-18 on NSE.