Bharat Road Network was not looking good as it was started. It shows good subscription overall as it is fully subscribed. BRNL financial result not impressive compare to Dixon Technologies. As the grey market is going down but still one can expect listing in green. Check out Bharat Road Network IPO Allotment Status online. You can check Bharat Road Network IPO Allotment via Application Number or Pan Card.
Checkout BRNL ipo allotment dates and latest grey market premium as well.
Bharat Road Network IPO Allotment Date: Allotment is out
Bharat Road Network IPO Listing Date: 18-Sept-2017
Bharat Road Network IPO Basis of Allotment: 9:2 (Estimated)
Bharat Road Network IPO Basis of Allotment: 9:2 (Estimated)
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Note: Bharat Road Network IPO Allotment Status will be available when ever Registrar of IPO will put on their official sites.
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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
0 Responses
I did`t get why people apply when all brokers say to avoid.