| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹55.48 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹55.48 Cr |
| Fresh Issue | ₹52.65 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน146.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543831 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Shreni Shares Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| KPI | |
|---|---|
| ROE | 7% |
| ROCE | 18.52% |
| Debt / Equity | 1.11% |
| RoNW | 7.04% |
| PAT Margin | 5.14% |
| EBITDA Margin | 13.76% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 2.56 | |
| P/E (x) | 24.21 | |
| Promoter Holding | 99.99% | 72.72% |
| Market Cap | โน203.36 Cr. | |