247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Bharat Road Network Limited IPO (Bharat Road Network IPO) Details

Bharat Road Network Limited is an Infrastructure based company, located in Kolkata, Bharat Road Network Limited IPO size was 600.65 Cr. and was issued at 205.00 per share. The share of Bharat Road Network Limited were listed at 208.15 per share and are currently trading at 47.22 per share.

Type :
Sub Sector : Project Management
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
14.92 Cr.

PAT :
-73.90 Cr.

Pricing Report

Issue Price :
205.00

Listing Price :
208.15

Current Market Price :
47.22

Issue Price vs CMP :
157.78 (76.97%)

listing Price vs CMP :
160.93 (77.31%)

Performance Report (CAGR* wise)

CAGR : -18.12
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Bharat Road Network

Company Information
Bharat Road Network Limited is a road Build-Operate-Transfer (BOT) operator in India, focused on the development, implementation, operation, and maintenance of roads and highway projects. Incorporated in 2006, the company was established as a developer and operator for highways, roads, and related projects on a BOT basis. As per a letter arrangement dated February 16, 2017, all the road/highway assets of SREI are managed by the company.
Currently, the company implements all its projects through special purpose vehicles, either via subsidiaries or in partnership with other infrastructure players. It is involved in the development, operation, and maintenance of national and state highways across several states in India, including Uttar Pradesh, Kerala, Haryana, Madhya Pradesh, Maharashtra, and Odisha, through partnerships with experienced EPC players in the
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Object of Issue
  • Advancing of subordinate debt in form of interest free unsecured loan to their Subsidiary, STPL, for part financing of the STPL Project ("STPL Sponsor Investment"
  • Acquisition of the subordinated debt in the form of unsecured loan s/OCPIDs/warrants/OCDs, advanced/held by SREI to STPL, KEPL and MTPL ("Identified SPVs"
  • Benefits of listing of its Equity Shares on the Stock Exchanges and
  • General Corporate Purposes

Bharat Road Network MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2017
IPO Size :
600.65 Cr.
IPO Subscription :
1.81 X     
PE Multiple :
0.00
IPO Registrar:
Kfin Technologies Limited

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FAQs

Bharat Road Network operates in Infrastructure and Project Management. The Issue is listed on MainBoard in Sep, 2017. Bharat Road Network IPO size was 600.65 Cr. with Issue price of 205.00 .

Merchant Banker(s) of Bharat Road Network IPO: Investec Capital Services (India) Private Limited , Iti Capital Limited

Bharat Road Network IPO subscription was 1.81 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Bharat Road Network IPO listed at a listing price of 208.15 against the offer price of 205.00.

The current market price of Bharat Road Network is 47.22.

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