Bharat Road Network debuted at Rs 204.90 on the BSE, down by 0.10 points or 0.05% from its issue price of Rs 205.
The scrip is currently trading at Rs 209.85, up by 4.85 points or 2.37% from its issue price. It has touched a high and low of Rs 218.65 and Rs 196.50 respectively. So far, 14,11,000 shares were traded on the counter.
The offering, which was open for subscription between September 6 and September 8, was subscribed 1.81 times. The issue price was fixed at Rs 205 per share i.e. at upper end of price band of Rs 195-205 apiece.
Bharat Road Network is a road build-operate-transfer (BOT) in India, focused on development, implementation, operation and maintenance of roads/highways projects.
