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
Cr Lead Managers to the Issue
Project Cost (.Cr) 54.87 Shreni Shares Pvt Ltd
Project Financed through Current Offer (.Cr) 55.48  
Post Issue Equity Share Capital (.Cr) 13.93
Issue Price () 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