Bright Outdoor Media Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,803,000 (47%) | — | ₹2,632 Cr |
| Retail | — | 1,803,000 (47%) | — | ₹2,632 Cr |
| Market Maker | — | 194,000 (5%) | — | ₹28 Cr |
| Σ Total | — | 3,800,000 (100%) | — | ₹55,480 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹146,000 |
| Retail (Max) | 13 | 13,000 | ₹1,898,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,044,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,782,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 4,518 | 5,090 | 2,495 |
| Profit After Tax | 420 | 259 | 108 |
| Net Worth | 4,092 | 3,679 | 3,435 |
| Total Assets | 9,274 | 9,451 | 9,702 |
| Total Borrowing | 2,997 | 4,083 | 4,820 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Prepayment/repayment of certain secured borrowings availed by our Company – 12.41
- Purchase of LED Hoardings – 13.10
- Funding working capital requirements; and – 18.27
- General corporate purpose – 11.10
Company Overview
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.