Bharat Road Network IPO Listing Date & Price Details

Bharat Road Network got good retail subscription but not able to get more attention of QIB and HNI category. It was out of the radar of big investors as the financial is on a negative side. Retail portion some how subscribed positively. The grey market premium is not on a good side. The premium of Rs.5-10 (Seller) and one can expect higher or lower side. One can expect BRNL to list around the listing price and can get high around Rs.225 or low of Rs.175. Lets see how BRNL will behave on the listing day.

As expected it was listed at flat price but some home managed to go on a higher side and close above the listing price. It was not a good listing but it was on the cards.

Bharat Road Network IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:

BSE Code	540700
NSE Code	BRNL
Group	B
ISIN No	INE727S01012
Offer Price	Rs.195 / 205
Face Value	Rs.10
Listing Date	18-Sept-17, Monday

Bharat Road Network IPO Listing Price: Live Quote

Details	BSE Listing	NSE Listing
Listing Price	204.90	205.00
High Price	218.65	218.90
Low Price	196.50	195.35
Close Price	208.15	208.45

Bharat Road Network IPO Subscription: (Fully Subscribed)

Day	QIB	NII	RII	EMP	Total
Day 1	0.19	0.01	0.76	N/A	0.22
Day 2	0.52	0.63	2.07	N/A	0.70
Day 3	1.33	1.63	5.16	N/A	1.75

Bharat Road Network IPO Dates & Price Band: (Approx)

• IPO Open: 6-September-2017
• IPO Close: 8-September-2017
• IPO Size: Approx Rs.600 Crore (Approx)
• Face Value: Rs. 10 Per Equity Share
• Price Band: Rs. 195 to 205 Per Share
• Listing on: BSE & NSE
• Retail Portion: 10%
• Total Size: 29,300,000 Equity Shares

Bharat Road Network IPO Market Lot:

• Shares: Apply for 73 Shares (Minimum Lot Size)
• Amount: Rs.14965

Bharat Road Network IPO Allotment & Listing:

• Basis of Allotment: 13-September
• Refunds: 14-September
• Credit to demat accounts: 14-September
• Listing: 18-September