05 Sep 2017, 12:00 AM

Bharat Road Network IPO

The initial public offering (IPO) of Bharat Road Network opens on September 6th, 2017 and closes on September 8th, 2017. The issue comprises of a sale of 2.93 crore equity shares of face value Rs.10. The shares will be offered in the price band of Rs.195 to Rs.205 and the minimum application size is 73 shares.

Issue details
IPO size: Rs.600 crores at the higher end of the price band
Face value: Rs.10
Retail portion: 10%
Maximum subscription amount: Rs.2,00,000
Listing on: both NSE and BSE

Tentative IPO schedule
Basis of Allotment: September 13th
Refund of application amount: September 14th
Credit of shares to demat accounts: September 14th
Listing: September 18th

To apply for an IPO follow these steps: http://bit.ly/applyforanipo
Keep track of all the upcoming IPOs here: http://bit.ly/upcomingipos
Allotment details can be checked here: http://bit.ly/ipostatuscheck