Issue Price
₹205
Per Share
GMP
NIL
Grey Market
Est. Listing
₹205
Expected Price
Min. Application
₹29,930
2 lots × 73 shares
Incorporated in 2006, Bharat Road Network Limited, a subsidiary of SREI Infrastructure Finance Ltd is engaged in the business of development, implementation, operation, and maintenance of roads/highways projects.Bharat Road involved in the development, operation and maintenance of national and state highways in several states in India with projects in states of Uttar Pradesh, Kerala, Haryana, Madhya Pradesh, Maharashtra and Odisha through partnerships with experienced EPC players in the local space where the project is located.Company offers a range of project management services, including design, engineering, and quality control, as well as engineering, processing, and construction management; and project advisory services, such as project management consultancy, project conceptualization, commissioning, and operation and management of the projects, as well as undertakes debt syndication, refinancing, and financial restructuring of its projects.Their project portfolio consisting of six (6) BOT Projects, of which two (2) are Projects operational under Final COD, three (3) are Projects operational under Provisional COD and one (1) is a Project under Construction.
Bharat Road Network Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 29,300,000 | 100.00% | ₹600.65 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 73 | ₹14,965 |
| Retail (Max) | 13 | 949 | ₹194,545 |
| sNII (Min) | 14 | 1,022 | ₹209,510 |
| bNII (Min) | 68 | 4,964 | ₹1,017,620 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 14.93 | 4.25 | 41.49 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 73.89 | 92.54 | 26.42 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1232.39 | 836.80 | 628.97 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |