Issue Price
₹146
Per Share
GMP
NIL
Grey Market
Est. Listing
₹146
Expected Price
Min. Application
₹292,000
2 lots × 1000 shares
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.
Bright Outdoor Media Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 194,000 | — | ₹2.83 Cr | — |
| TOTAL | 3,800,000 | 100.00% | ₹55.48 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹146,000 |
| Retail (Max) | 13 | 13,000 | ₹1,898,000 |
| sNII (Min) | 14 | 14,000 | ₹2,044,000 |
| bNII (Min) | 68 | 68,000 | ₹9,928,000 |
| Particulars | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 4518.46 | 5089.71 | 2494.88 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 419.69 | 259.20 | 108.22 |
| Net Worth | 4091.65 | 3679.47 | 3435.19 |
| Total Assets | 9273.53 | 9450.58 | 9702.12 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 2997.04 | 4082.90 | 4819.56 |