Bright Outdoor Media Limited IPO GMP, Review, Price, Allotment
Bright Outdoor Media Limited IPO Important Dates:
| Opening Date | 14 March 2023 |
| Closing Date | 17 March 2023 |
| Basis of Allotment | 22 March 2023 |
| Initiation of refunds | 23 March 2023 |
| Transfer of shares to demat accounts | 24 March 2023 |
| Listing Date | 24 March 2023 |
Bright Outdoor Media Limited IPO Details
| Bright Outdoor Media Limited IPO Price | ₹146 per share |
| Lot Size | 1000 Shares |
| Minimum Amount for 1 lot | ₹146,000 |
| Total IPO size | 3,800,000 shares (aggregating up to ₹55.48 Cr) |
| Fresh Issue | 3,800,000 shares (aggregating up to ₹55.48 Cr) |
| Offer for Sale | – |
| Listing At | BSE SME |
| Retail Quota | 50% |
| QIB Quota | – |
| NII Quota | 50% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Objective of the Issue:
- Prepayment/repayment of certain secured borrowings availed by our Company
- Purchase of LED Hoardings
- Funding working capital requirements
- General corporate purposes.
Company Financials:
(Amount in ₹ Lakhs)
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 10,135.25 | 7,151.29 | 171.24 | 3,349.77 | 5,185.79 |
| 31-Mar-21 | 9,702.12 | 2,494.88 | 108.22 | 3,435.19 | 4,819.56 |
| 31-Mar-22 | 9,450.58 | 5,089.71 | 259.20 | 3,679.47 | 4,082.90 |
| 30-Sep-22 | 9,273.53 | 4,518.46 | 419.69 | 4,091.65 | 2,997.04 |
Company Promoters:
Yogesh Jiwanlal Lakhani and Jagruti Yogesh Lakhani are the Promoters of the Company.
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 72.72% |
IPO Registrar:
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Company Contact Information:
Bright Outdoor Media Limited
801, 8th Floor, Crescent Tower, Near Morya House,
Fame Infinity Mall, Off New Link Road,
Andheri (West), Mumbai 400 053
Phone: 022 – 6714 0000
Email: investor@brightoutdoor.com
Website: http://www.brightoutdoor.com/
IPO Offer Lead Manager:
SHRENI SHARES PRIVATE LIMITED
Bright Outdoor Media Limited IPO GMP today
| Bright Outdoor Media IPO grey market premium | Subject to Sauda | Listing Gain |
| -₹10 | – | – |
Bright Outdoor Media Limited IPO Review:
| What our experts say about Bright Outdoor Media Limited IPO | Avoid |
Bright Outdoor Media Limited IPO Subscription Status live:
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | – |
| Non-Institutional Buyers | – |
| Retail Investors | 1.15 |
| Employees | – |
| Others | 1.39 |
| Total | 1.27 |
Bright Outdoor Media IPO (Day-wise) Subscription Details (times)
| Date | Other | Retail | Total |
|---|---|---|---|
| Day 1 Mar 14, 2023 | 0.27 | 0.01 | 0.14 |
| Day 2 Mar 15, 2023 | 0.83 | 0.05 | 0.44 |
| Day 3 Mar 16, 2023 | 0.96 | 0.19 | 0.58 |
| Day 4 Mar 17, 2023 | 1.39 | 1.15 | 1.27 |
Bright Outdoor Media Limited IPO Allotment Status:
| Check Bright Outdoor Media Limited IPO Allotment Status | Click Here |
Bright Outdoor Media Limited IPO Listing Price:
| IPO Price Band | ₹146.00 |
| Open | ₹150.00 |
| Low | ₹150.00 |
| High | ₹157.50 |
| Close | ₹157.50 |
FAQ:
When will Bright Outdoor Media India Limited IPO open for subscription?
Bright Outdoor Media Limited IPO is set to open on 14 March 2023.
What is Bright Outdoor MediaLimited IPO Price Band?
Bright Outdoor Media Limited IPO Price Band is ₹146 per share.
What is the lot size of Bright Outdoor Media Limited IPO?
The lot size of Bright Outdoor Media Limited IPO is 1000 Shares per lot.
What is the issue size of Bright Outdoor Media Limited IPO?
Bright Outdoor Media Limited IPO issue size is ₹55.48 crore.
What is the last date to apply for Bright Outdoor Media Limited IPO?
The last date to apply for Bright Outdoor Media Limited IPO is 17 March 2023.
What is the Bright Outdoor Media Limited IPO Allotment Date?
The allotment Date for Bright Outdoor Media Limited IPO is 22 March 2023.
What is the Bright Outdoor Media Limited IPO listing date?
The listing Date for Bright Outdoor Media Limited IPO is 24 March 2023.
Bright Outdoor Media Limited IPO should I buy?
No, you should avoid Bright Outdoor Media Limited IPO.
How to apply for Bright Outdoor Media Limited IPO through 5 Paisa?
- Login to your 5paisa account and select “Bright Outdoor Media Limited IPO” in the current IPO section.
- Enter the number of lots and the price you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked
