247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Bright Outdoor Media Limited IPO (Bright Outdoor Media IPO) Details

Bright Outdoor Media Limited is an Advertising And Media based company, located in Mumbai, Bright Outdoor Media Limited IPO size was 55.48 Cr. and was issued at 146.00 per share. The share of Bright Outdoor Media Limited were listed at 150.00 per share and are currently trading at 462.40 per share.

Type :
Sub Sector :
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
90.38 Cr.

PAT :
8.40 Cr.

Pricing Report

Issue Price :
146.00

Listing Price :
150.00

Current Market Price :
462.40

Issue Price vs CMP :
316.4 (216.71%)

listing Price vs CMP :
312.4 (208.27%)

Performance Report (CAGR* wise)

CAGR : 87.57
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Bright Outdoor Media

Company Information
Bright Outdoor Media is engaged in the business of providing advertising services offering advertising media services consisting of Out of Home (OOH) media services. Their array of service hoardings includes Railway boards, Railway panels, Transfer stickers, Cinema slides, Promos, full train, Bus panels, Full Bus painting, Mobile sign truck, Kiosks, Traffic Booth, Toll Naka, Gantry and Vinyl. Apart from Out-of- Home (OOH) Advertising and providing various novel communication solutions to clients, the Company also offers services assuring multicultural and ethnic Outdoor Advertising campaigns that engage audiences and achieve impact, for every creative need, idea and budget. Apart from business of providing advertising services, the Company is also engaged in real estate business which mainly includes sale and purchase of properties and also sharing the same
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Object of Issue
  • Prepayment/repayment of certain secured borrowings availed by their Company
  • Purchase of LED Hoardings
  • Funding working capital requirements
  • General Corporate Purposes

Bright Outdoor Media SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2023
IPO Size :
55.48 Cr.
Market Cap :
203.36 Cr.   
IPO Subscription :
1.27 X     
PE Multiple :
24.21
Merchant Banker :
Shreni Shares Limited
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Bright Outdoor Media operates in Advertising And Media and . The Issue is listed on BSE SME in Mar, 2023. Bright Outdoor Media IPO size was 55.48 Cr. with Issue price of 146.00 .

Bright Outdoor Media IPO subscription was 1.27 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Bright Outdoor Media IPO listed at a listing price of 150.00 against the offer price of 146.00.

The current market price of Bright Outdoor Media is 462.40.

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