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BOBRIGHTListed

Bright Outdoor Media Limited

Fixed Price IPO · BSE

Price band
₹146 - ₹146
Lot size
1,000 shares
Issue amount
₹55.48 cr
Total subscription
1.27×
Current price₹331
Listing price ₹150
Watch live price ↗
Opens
14 Mar 2023
Closes
17 Mar 2023
Allotment
22 Mar 2023
Listing
24 Mar 2023

Offer at a glance

Issue overview

Issue size
38,00,000 shares
Face value
₹10 per share
Minimum investment
₹1,46,000
Fresh issue
₹55.48 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,46,000
Issue type
Fixed Price IPO
Shares before issue
1,01,28,780
Shares after issue
1,39,28,780

Lot sizes

CategoryLotsSharesAmount
RETAIL11,000₹1,46,000
HNI22,000₹2,92,000

Share reservation

Market Maker5.11%
NII (HNI)47.45%
RETAIL47.45%

Subscription & GMP

Subscription by category

Total subscribed1.27×

Subscription figures are awaiting publication.

GMP history

01221 Mar: ₹24 Apr: ₹220 May: ₹2
21 Mar₹220 May

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
02,0004,0006,0008,000Sep 2022 · Revenue: 4,518.46Sep 2022 · Profit after tax: 419.69Sep 2022Mar 2022 · Revenue: 5,089.71Mar 2022 · Profit after tax: 259.2Mar 2022Mar 2021 · Revenue: 2,494.88Mar 2021 · Profit after tax: 108.22Mar 2021Mar 2020 · Revenue: 7,151.29Mar 2020 · Profit after tax: 171.24Mar 2020
RevenueProfit after tax

Company information

Company profile

Incorporated in 2005, Bright Outdoor Media Limited provides advertising and media solutions, primarily focusing on Out-of-Home (OOH) advertising services. The company offers a wide range of media options including transfer stickers, railway boards and panels, promos, full train and bus branding, toll naka ads, mobile sign trucks, kiosks, traffic booths, cinema slides, gantries, and vinyl displays. Along with OOH advertising, Bright Outdoor also specializes in multicultural and ethnic outdoor campaigns tailored to diverse audiences and budgets. Its clientele spans various sectors such as insurance, finance, entertainment, construction, jewellery, aviation, education, and government organizations, enabling the company to serve a wide range of industries with impactful communication strategies.

Promoters

Yogesh Jiwanlal Lakhani

Jagruti Yogesh Lakhan

Registrar & documents

Lead manager

Shreni Shares Limited

Registered office

801, 8th Floor, Crescent Tower, Near Morya House, Fame Infinity Mall, Off New Link Road, Andheri (West), Mumbai 400 053

022 – 6714 0000

[email protected]Company website ↗

Understanding BRIGHT IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.