Bright Outdoor Media IPO subscription status started on Tuesday March 14, 2023 and will close on March 17, 2023. Bright Outdoor Media IPO to raise around ₹55.48 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹146 per equity share.
The Bright Outdoor Media IPO minimum market lot is 1000 shares with ₹146,000 application amount. The IPO to list on BSE.
Bright Outdoor Media Limited is a provider of advertising services and one of the leading Out of Home (OOH) media organizations in India. They have nearly 40 years of experience as the leading OOH asset management company in India. They have market-leading technology and customer offering that is supported and delivered by a diverse, and expert team.
IPOWatch View
We recommend investors may apply an IPO with Caution (Risky) Investors should also look at the NII, and Retail numbers before investing.
Bright Outdoor Media IPO Subscription Status – Closed
| Category | Day 1 | Day 2 | Day 3 | Day 4 |
| NII | 0.22 | 0.83 | 0.96 | 1.39 |
| RII | 0.01 | 0.05 | 0.19 | 1.15 |
| Total | 0.12 | 0.44 | 0.58 | 1.27 |
Bright Outdoor Media IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Bright Outdoor Media IPO Review
- Avoid
Bright Outdoor Media IPO Date & Price Band
| IPO Open: | March 14, 2023 |
| IPO Close: | March 17, 2023 |
| IPO Size: | Approx ₹55.48 Crores, 3,800,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹146 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Bright Outdoor Media IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹146,000 |
| Retail Maximum | 1 | 1000 | ₹146,000 |
| S-HNI Minimum | 2 | 2000 | ₹292,000 |
Bright Outdoor Media IPO Subscription Dates
| IPO Open Date: | March 14, 2023 |
| IPO Close Date: | March 17, 2023 |
| Basis of Allotment: | March 22, 2023 |
| Refunds: | March 23, 2023 |
| Credit to Demat Account: | March 24, 2023 |
| IPO Listing Date: | March 24, 2023 |
Bright Outdoor Media IPO Form
How to apply for the Bright Outdoor Media IPO? You can apply for 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 is you can apply for Bright Outdoor Media IPO via IPO forms downloaded via BSE. Check out the Bright Outdoor Media forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
