phone image +91 22 68948500, 68948500


IPO Synopsis

Bright Outdoor Media Ltd
Initial public offering of 38,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Bright Outdoor Media Limited ("Bright" or "The Company" or "The Issuer") for cash at a price of Rs. 146/- per equity share (including a premium of Rs. 136/- per equity share) ("Issue Price") aggregating to Rs. 55.48 crores ("The Issue") of which 1,94,000 equity shares aggregating to Rs. 2.83 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 36,06,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 146/- per equity share aggregating to Rs. 52.65 crores ("Net Issue"). The issue and the net issue will constitute 27.28% and 25.89% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is 14.60 times of the face value. Minimum application size of 1000 equity shares and in multiples of 1000 equity shares thereafter.
Opens On Closes On
14-Mar-23 17-Mar-23
Money Payable On
Application Allotment
146.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
RsCr Lead Managers to the Issue
Project Cost (Rs.Cr) 54.87 Shreni Shares Pvt Ltd
Project Financed through Current Offer (Rs.Cr) 55.48  
Post Issue Equity Share Capital (Rs.Cr) 13.93
Issue Price (Rs) 146.00

Prepayment/repayment of certain secured borrowings availed by the company
Purchase of LED Hoardings
Funding working capital requirements
General corporate purposes
Promoted By
Yogesh Jiwanlal Lakhani
Jagruti Yogesh Lakhani
Listing At
Registrar to the Issue
No Data Available
SEBI Single Regn. No. : BSE / NSE / MSMI - INZ0001192537  |   CDSL Reg. No :  IN-DP-CDSL-438-2008                                                                                                                           Filing complaint on SEBI SCORES
Copyright © 2016 All rights reserved Comfort Securities Ltd.
Designed, Developed and content powered by CMOTS Infotech(ISO 9001:2015 certified)
Attention Investors ::
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investors account.   |    Kyc is one time exercise while dealing in securities markets:- Once KYC is done through a SEBI Registered Intermediary(Broker DP Mutual Fund etc.) you need not undergo the same process again when you approach another Intermediary.” “ Prevent Unauthorized Transaction in your Trading/Demat account. Update your Mobile Numbers/Email IDs with your Stock Broker/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/Demat account Directly from Exchange/CDSL at the end of the day. Issued in the Interest of Investors. 
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. 2. Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. 3. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month. .......... Issued in the interest of Investors