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Bharat Road Network Limited logo

Bharat Road Network Limited IPO

Mainboard IPOListedBRNLNSE
Current Market Price (CMP)
₹13.62(-93.36%)
Current Price (CMP)
₹13.62(-93.36%)

Live Market Quote

Listing Price & Gain
₹205(0.00%)

Day 1 Exchange Open

IPO Issue Price
₹205

Band: ₹195 - ₹205

Total Subscription
1.81x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
06 Sept 2017
IPO Bidding Closes
08 Sept 2017
Allotment & Refunds
Completed
Exchange Listing Day
18 Sept 2017

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 1.81x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)1.33x
Non-Institutional Investors (NII / HNI)1.63x
Retail Individual Investors (RII)5.69x
Total Subscription1.81x
Updated as on 08th Sep 2017 at 2200 hrs

Listing Day & Return Performance

Listing Day Gain0.00%
₹205 (Issue) → ₹205 (List)
Per share profit: +₹0.00
Holding Return (Till Date)-93.36%
₹205 (Issue) → ₹13.62 (CMP)
Net gain per share: ₹-191.38
Post-Listing Performance (Listing Day → Today):-93.36%

About Bharat Road Network Limited IPO

Bharat Road Network Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 06 Sept 2017 and concluded on 08 Sept 2017, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹195 - ₹205.

During the bidding window, Bharat Road Network Limited recorded an overall subscription of 1.81 times. Institutional investors (QIB) subscribed 1.33x, non-institutional high-net-worth investors (NII) subscribed 1.63x, and retail individual investors (RII) bid 5.69x their reserved quota.

The equity shares of Bharat Road Network Limited officially debuted on the stock exchanges on 18 Sept 2017 at an opening listing price of ₹205, delivering a listing day return of 0.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹13.62, representing an overall decline of -93.36% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Bharat Road Network Limited IPO?
The issue price of Bharat Road Network Limited IPO was fixed at ₹205 per equity share. The indicative bidding price band was ₹195 - ₹205.
What were the open, close, and listing dates for Bharat Road Network Limited IPO?
Bharat Road Network Limited IPO opened on 06 Sept 2017, closed on 08 Sept 2017, listed on 18 Sept 2017.
How much was Bharat Road Network Limited IPO subscribed?
The IPO received an overall subscription of 1.81 times. Category-wise, QIBs subscribed 1.33x, NIIs subscribed 1.63x, and Retail investors subscribed 5.69x.
What was the listing price and listing gain of Bharat Road Network Limited IPO?
Bharat Road Network Limited IPO listed on the stock exchange at ₹205, delivering a listing gain of 0.00% compared to the IPO issue price of ₹205.
Is Bharat Road Network Limited IPO a Mainboard or SME IPO?
Bharat Road Network Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Bharat Road Network Limited IPO since its IPO?
At the latest market quote of ₹13.62, Bharat Road Network Limited IPO has generated an all-time return of -93.36% since its initial public offering.

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