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Bharat Road Network Ltd

Bharat Road Network Ltd

    Registered Office : Vishwakarma Buiding 86 C,Topsia Road South Parganas Sou,Kolkata West Bengal 700046 Phone : 91-33-6602 3333/66023609
    Fax : 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

Opens On

Closes On

06-Sep-2017

08-Sep-2017

Money Payable On

Application

Allotment

205.00

0.00

Minimum Application for shares in Nos : 73.0 Further Multiples of : 73.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

600.65

600.65

83.95

205.00

Inga Capital Pvt Ltd

Investec Capital Services (India) Pvt Ltd

SREI Capital Markets Ltd

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
  • KFin Techologies Ltd