Bright Outdoor Media Limited IPO
i. Bright Outdoor Media is engaged in the business of providing advertising services offering advertising media services consisting of Out of Home (OOH) media services. Their array of service hoardings includes Railway boards, Railway panels, Transfer stickers, Cinema slides, Promos, full train, Bus panels, Full Bus painting, Mobile sign truck, Kiosks, Traffic Booth, Toll Naka, Gantry and Vinyl. Apart from Out-of- Home (OOH) Advertising and providing various novel communication solutions to clients, the Company also offers services assuring multicultural and ethnic Outdoor Advertising campaigns that engage audiences and achieve impact, for every creative need, idea and budget.
ii. Apart from business of providing advertising services, the Company is also engaged in real estate business which mainly includes sale and purchase of properties and also sharing the same on rental/leave and license basis.
iii. Their client domain mainly includes corporate clients operating in various business fields viz. Entertainment Industries, Construction, Education, Jewellery, Insurance, Financial service providers, Aviation, Government Organizations etc., thus providing them exposure to serve clients working in various industries and widening their exposure.
iv. 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. The Company has been felicitated with many awards such as “India’s No.1 Brand Award 2014” in India’s Best Outdoor Publicity Company Category by No 1 Brand Awards Council, “India’s No.1 Brand Award 2017” received from International Brand Consulting Corporation (IBC), USA for the year 2017-18, “Asia’s Most Trusted Brand Awards 2019” received in FY 2019-20 and India’s Best Brand of the year Awards, 2022 by Berkshire Corporate Awards, 2022.
v. Competitive Strengths
i. Accreditation with various awards.
ii. Own Inventory of Hoardings.
iii. Experience of our Promoters and senior management team
iv. Customer Satisfaction.
v. Repeat Customers.
Objects of the Bright Outdoor Media Limited IPO:
Bright Outdoor Media Limited IPO Details:
|Open Date:||Mar 14 2023|
|Close Date:||Mar 17 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||55.48 Cr.|
|Lot Size:||1000 Shares|
|Issue Price:||₹ 146 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Mar 27 2023|
Promoters And Management:
Financials of Bright Outdoor Media Limited IPO:
|Particulars ( In Crore )||6MFY23||2022||2021||2020|
|Revenue from Operations||44||50||24||70|
|Change in Inventories||-||-||-||-|
|Employee Benefits Expense||1||1||1||2|
|Depreciation & Amortisation||0.05||0.18||0.19||0.20|