Bright Outdoor Media Limited IPO
BSE SMEListed On: Mar 24, 2023 at ₹ 150.0
₹ 292000 /2000 Shares
*Min Investment
14 Mar, 2023
Open Date17 Mar, 2023
Close Date22 Mar, 2023
Allotment Date24 Mar, 2023
Listing DateBright Outdoor Media Limited IPO Issue Details
- Issue Price ₹146 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,800,000 shares of ₹10(aggregating up to ₹55.48 Cr)
- Listing at BSE SME
- List Price 150.0
- Listing Date 2023-03-24
- Lead Manager SHRENI SHARES PRIVATE LIMITED
- Registrar Bigshare Services Pvt Ltd
Bright Outdoor Media Limited IPO Details
- Retail Portion N/A
Bright Outdoor Media Limited IPO Details
Bright Outdoor Media Limited IPO is an SME IPO, priced at ₹146 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 14, 2023 to Mar 17, 2023. The allotment is expected to be finalized on Mar 22, 2023, and the tentative listing date is Mar 24, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Bright Outdoor Media Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,803,000 | 1,803,000 | 3,606,000 |
Day 1 14-03-23 06:00 PM | 0.27 x | 0.01 x | 0.14 x |
Day 2 15-03-23 06:00 PM | 0.83 x | 0.05 x | 0.44 x |
Day 3 16-03-23 06:00 PM | 0.96 x | 0.19 x | 0.58 x |
Day 4 17-03-23 06:00 PM | 1.39 x | 1.15 x | 1.27 x |
Bright Outdoor Media Limited Valuations
Bright Outdoor Media Limited Company Financials
| 30-Sept-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 9,273.53 | 9,450.58 | 9,702.12 | 10,135.25 |
| Revenue | 4,518.46 | 5,089.71 | 2,494.88 | 7,151.29 |
| Profit After Tax | 419.69 | 259.20 | 108.22 | 171.24 |
About Bright Outdoor Media Limited 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.
Bright Outdoor Media Limited - Promoter(s)
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 72.72%
Bright Outdoor Media Limited IPO - Issue Objectives
Prepayment/repayment of certain secured borrowings availed by our Company
Purchase of LED Hoardings
Funding working capital requirements
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Bright Outdoor Media Limited IPO is 3,800,000 shares of ₹10(aggregating up to ₹55.48 Cr).
Ans. The Bright Outdoor Media Limited IPO price band is set between ₹146 per equity share.
Ans. To apply for Bright Outdoor Media Limited 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 Bright Outdoor Media Limited IPO allotment status online.
