IPO Synopsis

Bharat Road Network Ltd
Registered Office: Vishwakarma Buiding 86 C,Topsia Road South Parganas Sou,Kolkata-700046, West Bengal
Tel. No: 91-33-6602 3333/66023609
Fax No: 91-33-6602 3243
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 Money Payable On
Opens On Closes On Application Allotment
06-Sep-2017 08-Sep-2017 ₹205.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 73 Further Multiples of :73
(₹ Cr) Lead Managers to the Issue
Project Cost 600.65 Inga Capital Pvt Ltd
Project Financed through Current Offer 600.65 Investec Capital Services (India) Pvt Ltd
Post Issue Equity Share Capital 83.95 SREI Capital Markets Ltd
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