Bharat Road Network IPO Subscription Details

Bookbuilding IPO | ₹601 Cr | Listed at BSE, NSE | Wed, Sep 6, 2017 - Fri, Sep 8, 2017

Basis of Allotment - Bharat Road Network IPO

Category QIB NII Retail Total
Allocation (No. of shares)2,19,75,00043,95,00029,30,0002,93,00,000
Allotment price (Rs.)205205205205
No.of applications231471,84,0411,84,211
No.of shares applied2,54,93,42546,31,9961,52,94,3764,54,19,797
Amount collected (Rs.cr.)522.62 94.96 313.53 931.11
No.of times subscribed1.161.055.221.55
No.of shares allotted2,19,75,00043,95,00029,30,0002,93,00,000
Amount (Rs.cr.)450.49 90.10 60.07 600.65
No.of allottees2314740,13640,306

IPO Shares Offered

Bharat Road Network IPO is a public issue of 2.93 Cr equity shares. The issue offers 0.29 Cr shares to retail investors, 2.20 Cr shares to qualified institutional buyers, and 0.44 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 2,19,75,000450.49 75.00%
NII 43,95,00090.10 15.00%
Retail29,30,00060.07 10.00%
Total2,93,00,000600.65 100%

IPO Subscription FAQs

The Bharat Road Network IPO is subscribed 1.81 times by Sep 08, 2017 17:00.

Bharat Road Network IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.33
Non Institutional1.63
Retail Individual5.69
Total Subscription1.81

Retail category of Bharat Road Network IPO subscribed 5.69 times as of date Sep 08, 2017 17:00. The public issue closes on Fri, Sep 8, 2017 for bidding.

An investor can apply in Bharat Road Network IPO online via bank (using ASBA) or the broker (using UPI). The Bharat Road Network IPO shares are offered online only.

The Bharat Road Network IPO is subscribed 1.81 times by Sep 08, 2017 17:00.

The Bharat Road Network IPO allotment status is expected on or around Wednesday, September 13, 2017. Visit Bharat Road Network IPO allotment status to check.

The Bharat Road Network IPO listing date is September 18, 2017. The equity share of Bharat Road Network IPO will list on BSE, NSE.

Visit Bharat Road Network IPO subscription status page for real-time bidding information about Bharat Road Network IPO.

Bharat Road Network IPO Timetable

IPO opens OnWednesday, September 6, 2017
IPO Closes OnFriday, September 8, 2017
Finalisation of Basis of AllotmentWednesday, September 13, 2017
Initiation of RefundsThursday, September 14, 2017
Credit of Shares to Demat AccountThursday, September 14, 2017
IPO Listing DateMonday, September 18, 2017
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