Bright Outdoor Media IPO GMP, Date, Price, Review, Allotment 2023 – IPO Watch
Written by Lucky Wilson | KJMM.COM on March 12, 2023
Bright Outdoor Media IPO Details: Bright Outdoor Media IPO date is fixed, The IPO will open on March 14 and will close on March 17, 2023. Bright Outdoor Media is a BSE SME IPO to raise ₹55.48 crores via IPO. The Bright Outdoor Media IPO price band is fixed at ₹146 with a market lot of 1000 shares.
Bright Outdoor Media Limited is a provider of advertising services and one of the leading Out of Home (OOH) media organizations in India. They have nearly 40 years of experience as the leading OOH asset management company in India. They have market-leading technology and customer offering that is supported and delivered by a diverse, and expert team.
Bright Outdoor Media services include Transfer stickers, Railway boards, Railway panels, Promos, full trains, Bus panels, Full Bus painting, Toll Naka, Mobile sign trucks, Kiosks, Traffic Booths, Cinema slides, Gantry, and Vinyl. They have the leading technology platform, planning tools, strongest data, and analytics capabilities, broadest, and the most diversified view of the out-of-home channel. They have 4 Offices in India with over 100 people working with them. They command over 1500 Billboards, an 8000 sq. ft head office in Mumbai, an industry-leading specialist team, unparalleled knowledge of the OOH environment and media, 1500+ corporate and other clients, and more than 8000+ movies OOH launches.
Objects of the Issue:
- Prepayment/repayment of certain secured borrowings availed by our Company.
- Purchase of LED Hoardings.
- Funding working capital requirements.
- General corporate purposes.
|IPO Open:||March 14, 2023|
|IPO Close:||March 17, 2023|
|IPO Size:||Approx ₹55.48 Crores, 3,800,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹146 Per Equity Share|
|IPO Listing on:||BSE SME|
|Retail Quota:||50% of the net offer|
|NII Quota:||50% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors in IPO:||Click Here|
The Bright Outdoor Media IPO minimum market lot is 1000 shares with a ₹146,000 application amount.
The Bright Outdoor Media IPO date is March 14 and the IPO close date is March 17. The IPO allotment date is March 22 and the IPO might list on March 27.
|IPO Open Date:||March 14, 2023|
|IPO Close Date:||March 17, 2023|
|Basis of Allotment:||March 22, 2023|
|Refunds:||March 23, 2023|
|Credit to Demat Account:||March 24, 2023|
|IPO Listing Date:||March 27, 2023|
You can check IPO subscription status and IPO allotment status on their respective pages.
How to apply Bright Outdoor Media IPO? You can apply Bright Outdoor Media IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bright Outdoor Media IPO in the Invest section. The other option you can apply Bright Outdoor Media IPO via IPO forms download via the BSE website. Check out the Bright Outdoor Media forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
|₹ in Crores|
Check Bright Outdoor Media IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹2.56 per Equity Share|
|Price/Earning P/E Ratio:||57.03|
|Return on Net Worth (RoNW):||7.04%|
|Net Asset Value (NAV):||₹36.33 per Equity Share|
- Yogesh Jiwanlal Lakhani
- Jagruti Yogesh Lakhani
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Check Bright Outdoor Media IPO allotment status on Bigshare website URL. Click Here
- SHRENI SHARES PRIVATE LIMITED
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: [email protected]
Bright Outdoor Media IPO FAQs
What is Bright Outdoor Media IPO?
Bright Outdoor Media IPO is an NSE SME IPO. They are going to raise ₹55.48 Crores via IPO. The issue is priced at ₹146 per equity share. The IPO is to be listed on NSE.
When Bright Outdoor Media IPO will open?
The IPO is to open on March 14, 2023 for NII, and Retail Investors.
What is Bright Outdoor Media IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the Bright Outdoor Media IPO?
You can apply Bright Outdoor Media IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Bright Outdoor Media IPO through Zerodha?
How to Apply the Bright Outdoor Media IPO through Upstox?
How to Apply the Bright Outdoor Media IPO through Paytm Money?
What is Bright Outdoor Media IPO Size?
Bright Outdoor Media IPO size is ₹55.48 crores.
What is Bright Outdoor Media IPO Price Band?
Bright Outdoor Media IPO Price Band is ₹146 per equity share.
What is Bright Outdoor Media IPO Minimum and Maximum Lot Size?
The IPO bid is 1000 shares with ₹146,000.
What is Bright Outdoor Media IPO Allotment Date?
Bright Outdoor Media IPO allotment date is March 22, 2023.
What is Bright Outdoor Media IPO Listing Date?
Bright Outdoor Media IPO listing date is March 27, 2023. The IPO to list on BSE SME.
Note: The Bright Outdoor Media IPO details are announced officially. The IPO grey market premium (Bright Outdoor Media IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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