IPO

Bright Outdoor Media Limited IPO

BSE SME

Listed On: Mar 24, 2023 at ₹ 150.0

₹ 146000 /1000 Shares

Check Allotment

Bright Outdoor Media Limited IPO Details

14 Mar, 2023

Open Date

17 Mar, 2023

Close Date

22 Mar, 2023

Allotment Date

24 Mar, 2023

Listing Date

Issue Price

₹146 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

150.0

Listing Date

2023-03-24

Market Lot

1000 Shares (₹146,000/-)

Lead Manager

SHRENI SHARES PRIVATE LIMITED

Issue Size

3,800,000 shares of ₹10(aggregating up to ₹55.48 Cr)

Retail Portion

N/A

Subscription

1.27 times

IPO Docs

DRHP RHP

Bright Outdoor Media Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,803,0001,803,0003,606,000
Day 1 - 14-03-23 06:00 PM0.27 x0.01 x0.14 x
Day 2 - 15-03-23 06:00 PM0.83 x0.05 x0.44 x
Day 3 - 16-03-23 06:00 PM0.96 x0.19 x0.58 x
Day 4 - 17-03-23 06:00 PM1.39 x1.15 x1.27 x

Bright Outdoor Media Limited Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Bright Outdoor Media Limited Company Financials All values are in ₹ Lakh

30-Sept-2231-Mar-2231-Mar-2131-Mar-20
Assets9,273.539,450.589,702.1210,135.25
Revenue4,518.465,089.712,494.887,151.29
Profit After Tax419.69259.20108.22171.24

About The Company

Bright Outdoor Media Limited is engaged in the business of providing advertising services offering advertising media services consisting of Out of Home (OOH) media services.

The company's array of service hoardings includes Transfer stickers, Railway boards, Railway panels, Promos, full train, Bus panels, Full Bus painting, Toll Naka, Mobile sign trucks, Kiosks, Traffic Booths, Cinema slides, Gantry and Vinyl.

Alongside Out-of-Home (OOH) Advertising and offering novel communication services to clients, the Company also engages in offering services assuring multicultural and ethnic Outdoor Advertising campaigns that engage audiences and achieve impact, for every creative need, idea, and budget.

The client domain of Bright Outdoor mainly revolves around corporate clients operating in various business fields viz. Insurance, Financial service providers, Entertainment Industries, Construction, Jewellery, Aviation, Education, Government Organizations, etc. This allows plenty of exposure to serve clients working in diverse industries and widen their experience.

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Bright Outdoor Media Limited - Promoter(s)

Pre Issue Share Holding: 99.99%

Post Issue Share Holding: 72.72%

Company Promoter(s)

Bright Outdoor Media Limited IPO - Issue Objectives

  1. Prepayment/repayment of certain secured borrowings availed by our Company
  2. Purchase of LED Hoardings
  3. Funding working capital requirements
  4. General corporate purposes

Bright Outdoor Media Limited IPO - FAQs

Ans. Bright Outdoor Media Limited IPO is a SME IPO. The issue is priced at ₹146 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Mar 14, 2023, and closes on Mar 17, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Bright Outdoor Media Limited IPO opens on Mar 14, 2023 and closes on Mar 17, 2023.

Ans. The size of Bright Outdoor Media Limited IPO is 3,800,000 shares of ₹10(aggregating up to ₹55.48 Cr).

Ans. The IPO price band is set between ₹146 per equity share.

Ans. To apply for Bright Outdoor Media Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Bright Outdoor Media Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Bright Outdoor Media Limited IPO is Mar 22, 2023.

Ans. The Bright Outdoor Media Limited IPO will be listed on Mar 24, 2023.

Ans. Follow the steps to check the allotment status for Bright Outdoor Media Limited IPO here.