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Open
14 Mar 2023
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Close
17 Mar 2023
3
Allotment
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Listing
Fri, Mar 24, 2023
Price Band
₹146 per share
Issue Size
38,00,000 shares (agg. up to ₹55 Cr)
Lot Size
1,000 Shares
Listing Date
Fri, Mar 24, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.20x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 92.74 | 94.51 | 97.02 | 101.35 |
| Total Income | 45.18 | 50.90 | 24.95 | 71.51 |
| Profit After Tax | 4.20 | 2.59 | 1.08 | 1.71 |
| NET Worth | 40.92 | 36.79 | 34.35 | 33.50 |
| Total Borrowing | 29.97 | 40.83 | 48.20 | 51.86 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| DAPS Advertising Ltd. | SME | ₹5.10 Cr | ₹30 | 8.82 | ₹55.10 | +83.67% | ₹23.89 (+0.04%) |
| Cyber Media Research & Services Ltd. | SME | ₹14.04 Cr | ₹180 | 34.95 | ₹257.50 | +43.06% | ₹62.75 (-4.92%) |
| Maagh Advertising & Marketing Services Ltd. | SME | ₹9.12 Cr | ₹60 | 37.5 | ₹65.40 | +9.00% | ₹25.42 (-4.97%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Prepayment/repayment of certain secured borrowings availed by our Company | 12.41 |
| 2 | Purchase of LED Hoardings | 13.10 |
| 3 | Funding working capital requirements; and | 18.27 |
| 4 | General corporate purpose | 11.10 |
About Bright Outdoor Media IPO
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 FM
Contact Details
Bright Outdoor Media Ltd. Address801, 8th Floor, Crescent Tower, Near Morya HouseFame Infinity Mall, Off New Link RoadAndheri (West)Mumbai, Maharashtra, 400053022 – 6714 0000investor@brightoutdoor.comVisit Website