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September 6, 2017 - September 8, 2017

Bharat Road Network IPO FAQ

Bharat Road Network IPO Date & Price

The Bharat Road Network IPO opens on September 6, 2017 and closes on September 8, 2017.

Bharat Road Network IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 6, 2017
  • Bid/Offer Closes On: September 8, 2017
  • Finalization of Basis of Allotment: September 13, 2017
  • Initiation of refunds: September 14, 2017
  • Credit of Equity Shares: September 14, 2017
  • Listing Date: September 18, 2017

Bharat Road Network IPO price is set at ₹205 per equity share.

Bharat Road Network IPO will close for subscription at 5 PM on September 8, 2017. But most brokers stop accepting application between 1 PM to 3 PM.

The Bharat Road Network IPO starts on September 6, 2017. The issue ends on September 8, 2017.

Bharat Road Network IPO Issue Size and Subscription Status

The Bharat Road Network IPO size is 29300000 Equity Shares of ₹10 aggregating up to ₹600.65 Cr.

Bharat Road Network Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Bharat Road Network IPO shares through the banks (using ASBA) or through the broker (using UPI).

Bharat Road Network IPO Offer Size

Qualified Institutional Buyers (QIB)21,975,000 Shares
Non-Institutional Investors (NII)4,395,000 Shares
Retail Individual Investor (RII)2,930,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size29,300,000 Shares

Bharat Road Network IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.33 times times
Non-Institutional Investors (NII)1.63 times times
Retail Individual Investor (RII)5.69 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.81 times times

Click here to check the Bharat Road Network IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Bharat Road Network IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Bharat Road Network IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Bharat Road Network IPO Allotment and Listing

The Bharat Road Network IPO allot status will be available online on September 13, 2017. Check the Bharat Road Network IPO Allotment Status here.

Click here to check Bharat Road Network IPO Allotment Status.

Bharat Road Network IPO listing Date is September 18, 2017. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Bharat Road Network IPO listing date and time is published by the exchange in a circular.

Click here to view the Bharat Road Network IPO Basis of Allotment.

It is hard to say at what price Bharat Road Network IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Bharat Road Network IPO shares will list on September 18, 2017 at BSE, NSE.

Bharat Road Network IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Bharat Road Network IPO which could help you with questions like Bharat Road Network IPO buy or not? You should also read Bharat Road Network IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Bharat Road Network IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Bharat Road Network IPO performance. The performance reports are available 1 day after listing.