IPO

Bharat Road Network Ltd

  • Registered Office: Mirania Gardens,10B/1 Topsia Road (East), Kolkata - 700046, West Bengal, India. Phone : 91-33-44099140   Fax:91-33-66023243
  • Email : corporate@brnl.in
  • Website :www.brnl.in
Public issue of 29,300,000 equity shares of face value Rs. 10.00 each ("equity shares") of Bharat Road Network Limited (the "company" or the "issuer") for cash at a price of Rs. 205 per equity share (including a share premium of Rs. 195 per equity share) aggregating Rs. 600.65 crores ("issue"). The issue would constitute 34.90% of the post-issue paid-up equity share capital of the company. The face value of the equity share is Rs.10 each. The issue price is Rs.205 and is 20.50 times the face value of the equity shares.
Issue
Opens On Closes On
06-Sep-17 08-Sep-17
Money Payable On
Application Allotment
205.00 0.00
Minimum Application for shares in Nos : 73 Further Multiples of : 73
Cr Lead Managers to the Issue
Project Cost (.Cr) 600.65 Inga Capital Pvt Ltd
Project Financed through Current Offer (.Cr) 600.65  
Post Issue Equity Share Capital (.Cr) 83.95
Issue Price () 205.00
Projects
Advancing of subordinate debt in form of interest free unsecured loan to its subsidiary, STPL, for part financing of STPL project
Acquisition of the subordinate debt in the form of unsecured loan/OCPIDs/warrants/OCDs, advanced/held by SREI to/in the identified SPVs
General corporate purposes
Promoted By
SREI Infrastructure Fin. Ltd
Make in India Fund
Listing At
BSE
NSE
Registrar to the Issue
Karvy Computershare Pvt Ltd