Incorporated in 2005, 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.
The company has been included in the World Book of Records, 2022 for receiving 2000 felicitations, 5000 awards internationally and owing 1000 clients in the field of entertainment industry, corporate sector and FMCG for 33 years.
| Date | GMP | Kostak | Subject To Sauda | |
| 15 March 2023 | -₹10 | ₹- | ₹- | |
| 14 March 2023 | ₹- | ₹- | ₹- |
Bright Outdoor Media SME IPO Date & Price Band.
| IPO Open: | Mar 14, 2023 |
| IPO Close: | Mar 17, 2023 |
| IPO Size: | ₹55.48 Crores |
| Price Band: | ₹146 per share |
| Listing on: | BSE SME |
| Retail Portion: | 50% of the Net Issue |
| Equity: | 3,800,000 shares |
| Face Value: | ₹10 per share |
Bright Outdoor Media SME IPO Market Lot
The Bright Outdoor Media IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹146,000).
Shares: Minimum 1000 share
Minimum Amount: ₹146,000
Maximum Amount: ₹146,000
Bright Outdoor Media SME IPO Allotment & Listing:
- Basis of Allotment: Mar 22, 2023
- Refunds: Mar 23, 2023
- Credit to Demat accounts: Mar 24, 2023
- Listing: Mar 27, 2023
Bright Outdoor Media SME IPO Form
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
Bright Outdoor Media SME Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-20 | 10,135.25 | 7,151.29 | 171.24 |
| 31-Mar-21 | 9,702.12 | 2,494.88 | 108.22 |
| 31-Mar-22 | 9,450.58 | 5,089.71 | 259.20 |
Bright Outdoor Media SME IPO Valuation – FY2023
| 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 |
Peer Group
- NA
Company Promoters
- Yogesh Jiwanlal Lakhani
- Jagruti Yogesh Lakhani
Bright Outdoor Media SME IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Company Address
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/
Quick Links:
About Bright Outdoor Media SME IPO
Bright Outdoor Media IPO opens on Mar 14, 2023, and closes on Mar 17, 2023. The Bright Outdoor Media IPO bid date is from Mar 14, 2023 10.00 A.M. to Mar 17, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.
Read Also
Bright Outdoor Media SME Allotment Status
Bright Outdoor Media SME IPO Listing Date Bright Outdoor Media SME IPO Subscription (Live)
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
Bright Outdoor Media SME IPO FAQs
What is Bright Outdoor Media SME IPO Open Date for QIB, NII, and Retail?
Bright Outdoor Media SME IPO will open on Mar 14, 2023
Bright Outdoor Media SME IPO Size?
Bright Outdoor Media IPO size is Approx ₹55.48 Crores
Bright Outdoor Media SME IPO Price Band?
Bright Outdoor Media SME IPO Price Band is ₹146 per share
Bright Outdoor Media SME IPO Minimum Lot Size?
The minimum bid is 1000 Shares with a ₹146,000 Minimum Lot Size.
What is Bright Outdoor Media SME IPO Allotment Date?
Bright Outdoor Media SME IPO allotment date is Mar 22, 2023
What is Bright Outdoor Media Listing date ?
Bright Outdoor Media SME IPO listing date is Mar 27, 2023. The IPO is to list on BSE SME.