IPO Trending
BRIGHTSME / BSEListed
Bright Outdoor Media

Incorporated in 2005, Bright Outdoor Media Limited provides advertising and media solutions, primarily focusing on Out-of-Home (OOH) advertising services. The company offers a wide range of media options including transfer stickers, railway boards and panels, promos, full train and bus branding, toll naka ads, mobile sign trucks, kiosks, traffic booths, cinema slides, gantries, and vinyl displays. Along with OOH advertising, Bright Outdoor also specializes in multicultural and ethnic outdoor campaigns tailored to diverse audiences and budgets. Its clientele spans various sectors such as insurance, finance, entertainment, construction, jewellery, aviation, education, and government organizations, enabling the company to serve a wide range of industries with impactful communication strategies.

DRHP
₹146 - ₹1461.27x sub
Listed Price₹150.00
Listing Gain+2.74%

IPO Schedule & Timeline

Fixed Price IPO
Open14 Mar 2023
Close17 Mar 2023
Allotment22 Mar 2023
Listing24 Mar 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,94,000 shares
5.11%
Nii (hni)18,03,000 shares
47.45%
Retail18,03,000 shares
47.45%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,46,000
HNI2 Lots (2,000 shares)
₹2,92,000

Company Promoters

Yogesh Jiwanlal LakhaniJagruti Yogesh Lakhan

Company Background

Incorporated in 2005, Bright Outdoor Media Limited provides advertising and media solutions, primarily focusing on Out-of-Home (OOH) advertising services. The company offers a wide range of media options including transfer stickers, railway boards and panels, promos, full train and bus branding, toll naka ads, mobile sign trucks, kiosks, traffic booths, cine...

Lead Managers & Bankers

Shreni Shares Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹7151.29 Cr
Growth+58.3%
Revenue Trend (₹ in Crores)
0.02.7k5.5k8.2kSep 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20207,151.29171.2410,135.255,185.79
Mar 20212,494.88108.229,702.124,819.56
Mar 20225,089.71259.209,450.584,082.90
Sep 20224,518.46 419.699,273.532,997.04

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
22 Mar 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
24 Mar 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Bright Outdoor Media. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization22 Mar 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Mar 2023Trading commences on exchange

How to Check Bright Outdoor Media Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Bright Outdoor Media from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Bright Outdoor Media IPO

Complete issue overview for Bright Outdoor Media (BRIGHT) IPO. The issue features an equity share price band of ₹146 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,46,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions