IPO Synopsis

Bright Outdoor Media Ltd
Registered Office: 801 8th Floor Crescent Tower,Nr.MoryaHouseFame InfinityMall,Mumbai-400053, Maharashtra
Tel. No: 91-22-6714 0000
Fax No:
Email: investor@brightoutdoor.com
Website: www.brightoutdoor.com
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.
Issue Money Payable On
Opens On Closes On Application Allotment
14-Mar-2023 17-Mar-2023 ₹146.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of :1000
(₹ Cr) Lead Managers to the Issue
Project Cost 54.87 Shreni Shares Pvt Ltd
Project Financed through Current Offer 55.48
Post Issue Equity Share Capital 13.93
Issue Price 146.00
Projects
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
BSE - SME
Registrar To The Issue