Bharat Road Network Ltd.

Issue Open Date 06-Sep-17  
Issue Closing Date 08-Sep-17  
Application Money 100  
Allotment Money  
Price Band (Rs.) 195 - 205  
Minimum Bid Quantity 73  
Issue Size (Shares) 29300000  
Market Lot 1  
Objective :

OBJECTS OF THE ISSUEOur Company proposes to utilise the funds which are being raised through the Issue, after deducting the Issue related expenses to the extent payable by our Company (“Net Proceeds”), estimated to be approximately million, towards funding the following objects (collectively, referred to herein as the “Objects”):1. Advancing of subordinate debt in form of interest free unsecured loan to our Subsidiary, STPL, for partfinancing of the STPL Project (“STPL Sponsor Investment”);2. Acquisition of the subordinated debt in the form of unsecured loans/OCPIDs/warrants/OCDs, advanced/heldby SREI to STPL, KEPL and MTPL (“Identified SPVs”); and3. General corporate purposes.

Business Description

We are a road BOT company in India, focused on development, implementation, operation and maintenance ofroads/highways projects. Our Company was incorporated in 2006 as a develope...

Promoter's Holding
Total Share Capital    
Offered to Public    
Promoter's Holding (Pre-Issue)    
Promoter's Holding (Post-Issue)    
Address
Vishwakarma Building , 5th Floor , 86 C , Topsia Road (South )
Kolkata,
West Bengal,
700046
Email : cs.brnl@rediffmail.com
Registrar
Karvy Computershare Pvt Ltd
105-108 , Arunachal Building , 19, Barakhamba Road , New Delhi
Listed at
BSE, NSE
Lead Manager
Inga Capital Pvt Ltd., SREI Capital Markets Ltd
Promoters
Make In India Fund, Srei Infrastrucutre Finance Ltd.
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