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Bright Outdoor Media SME IPO Date, GMP, Price, Review, Allotment


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.

Date GMP Kostak Subject To Sauda
15 March 2023-₹10₹-₹-
14 March 2023₹-₹-₹-

Bright Outdoor Media SME IPO Date & Price Band.

 IPO Open:Mar 14, 2023
 IPO Close:Mar 17, 2023
 IPO Size:55.48 Crores
 Price Band:₹146 per share
 Listing on:BSE SME
 Retail Portion:50% of the Net Issue
 Equity:3,800,000 shares
Face Value: ₹10 per share

Bright Outdoor Media SME IPO Market Lot

The Bright Outdoor Media IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹146,000).

Shares: Minimum 1000 share

Minimum Amount: ₹146,000

Maximum Amount: ₹146,000

Bright Outdoor Media SME IPO Allotment & Listing:

  • Basis of Allotment: Mar 22, 2023
  • Refunds: Mar 23, 2023
  • Credit to Demat accounts: Mar 24, 2023
  • Listing: Mar 27, 2023

Bright Outdoor Media SME IPO Form

How to apply Bright Outdoor Media IPO? You can apply Bright Outdoor Media IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bright Outdoor Media IPO in the Invest section. The other option you can apply Bright Outdoor Media IPO via IPO forms download via the BSE website. Check out the Bright Outdoor Media forms – click BSE IPO Forms download, fill and submit in your bank or with your broker


Bright Outdoor Media SME Company Financial Report

Period EndedTotal AssetsTotal RevenueProfit After Tax

Bright Outdoor Media SME IPO Valuation – FY2023

Earning Per Share (EPS):2.56 per Equity Share
Price/Earning P/E Ratio:57.03
Return on Net Worth (RoNW):7.04%
Net Asset Value (NAV):36.33 per Equity Share

Peer Group

  • NA

Company Promoters

  • Yogesh Jiwanlal Lakhani
  • Jagruti Yogesh Lakhani

Bright Outdoor Media SME IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: [email protected]

Company Address

Bright Outdoor Media Limited
801, 8th Floor, Crescent Tower, Near Morya House,
Fame Infinity Mall, Off New Link Road,
Andheri (West), Mumbai 400 053
Phone: 022 – 6714 0000
Email: [email protected]

Quick Links:

Bright Outdoor Media IPO DRHP

Bright Outdoor Media IPO RHP

About Bright Outdoor Media SME IPO

Bright Outdoor Media IPO opens on Mar 14, 2023, and closes on Mar 17, 2023. The Bright Outdoor Media IPO bid date is from Mar 14, 2023 10.00 A.M. to Mar 17, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Read Also
Bright Outdoor Media SME Allotment Status
Bright Outdoor Media SME IPO Listing Date Bright Outdoor Media SME IPO Subscription (Live)

Objects of the Issue:

  • Financing the expenditure for opening new stores.
  • To repay of short term borrowings.
  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • To meet issue expenses

Bright Outdoor Media SME IPO FAQs

What is Bright Outdoor Media SME IPO Open Date for QIB, NII, and Retail?

Bright Outdoor Media SME IPO will open on Mar 14, 2023

Bright Outdoor Media SME IPO Size?

Bright Outdoor Media IPO size is Approx ₹55.48 Crores

Bright Outdoor Media SME IPO Price Band?

Bright Outdoor Media SME IPO Price Band is ₹146 per share

Bright Outdoor Media SME IPO Minimum Lot Size?

The minimum bid is 1000 Shares with a ₹146,000 Minimum Lot Size.

What is Bright Outdoor Media SME IPO Allotment Date?

Bright Outdoor Media SME IPO allotment date is Mar 22, 2023

What is Bright Outdoor Media Listing date ?

Bright Outdoor Media SME IPO listing date is Mar 27, 2023. The IPO is to list on BSE SME.

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