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Bright Outdoor Media IPO vs Dev Labtech Venture IPO

Comparison between Bright Outdoor Media IPO and Dev Labtech Venture IPO.

IPO Details

Bright Outdoor Media IPO is a SME Fixed Price IPO proposed to list at BSE SME while Dev Labtech Venture IPO is a SME Fixed Price proposed to list at BSE SME.

 Bright Outdoor Media IPODev Labtech Venture IPO
LogoBright Outdoor Media IPO LogoDev Labtech Venture IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersShreni Shares Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShreni Shares Ltd.Sunflower Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Bright Outdoor Media IPO is up to ₹52.65 Cr whereas the issue size of the Dev Labtech Venture IPO is up to ₹10.65 Cr. The final issue price of Bright Outdoor Media IPO is ₹146.00 per share and of Dev Labtech Venture IPO is ₹51.00 per share.

 Bright Outdoor Media IPODev Labtech Venture IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹146.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares2000 shares
Fresh Issue Size36,06,000 shares20,88,000 shares
Fresh Issue Size (Amount)up to ₹52.65 Crup to ₹10.65 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,06,000 shares20,88,000 shares
Issue Size Total (Amount)up to ₹52.65 Crup to ₹10.65 Cr

IPO Timetable

Bright Outdoor Media IPO opens on Mar 14, 2023, while Dev Labtech Venture IPO opens on Mar 17, 2023. The closing date of Bright Outdoor Media IPO and Dev Labtech Venture IPO is Mar 17, 2023, and Mar 21, 2023, respectively.

 Bright Outdoor Media IPODev Labtech Venture IPO
Anchor Bid Date
Issue OpenMar 14, 2023Mar 17, 2023
Issue CloseMar 17, 2023Mar 21, 2023
Basis Of Allotment (Tentative)Mar 22, 2023Mar 24, 2023
Initiation of Refunds (Tentative)Mar 23, 2023Mar 27, 2023
Credit of Share (Tentative)Mar 24, 2023Mar 28, 2023
Listing date (Tentative)Mar 24, 2023Mar 29, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Bright Outdoor Media IPO P/E ratio is 24.21, as compared to Dev Labtech Venture IPO P/E ratio of 32.9.

 Bright Outdoor Media IPODev Labtech Venture IPO
Financials
Bright Outdoor Media Limited Financial Information (Restated Standalone)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-2010,135.257,151.29171.243,349.775,185.79
31-Mar-219,702.122,494.88108.223,435.194,819.56
31-Mar-229,450.585,089.71259.203,679.474,082.90
30-Sep-229,273.534,518.46419.694,091.652,997.04
Amount in ₹ Lakhs
Dev Labtech Venture Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20711.231,178.850.04144.80123.84154.05
31-Mar-21713.731,228.113.65148.45127.50177.53
31-Mar-22888.242,698.0143.62192.0766.35122.58
30-Sep-221,166.65966.4364.12717.86232.17114.52
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9992.66
Promoter Shareholding (Post-Issue)72.7268.01
P/E Ratio24.2132.9
Market Cap₹203.36 Cr.₹42.18 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Bright Outdoor Media IPO Retail Individual Investors (RII) are offered 18,03,000 shares while in Dev Labtech Venture IPO retail investors are offered 18,03,000 shares. Qualified Institutional Buyers (QIB) are offered in Bright Outdoor Media IPO and in Dev Labtech Venture IPO.

 Bright Outdoor Media IPODev Labtech Venture IPO
Anchor Investor Reserveration
Market Maker Reserveration1,94,000 shares1,12,000 shares
QIB
NII18,03,000 shares10,44,000 shares
RII18,03,000 shares10,44,000 shares
Employee
Others
Total36,06,000 shares20,88,000 shares

Bids Received (Subscription)

Bright Outdoor Media IPO subscribed 1.27x in total, whereas Dev Labtech Venture IPO subscribed 5.47x.

 Bright Outdoor Media IPODev Labtech Venture IPO
QIB (times)
NII (times)1.39x2.65x
Big NII (times)
Small NII (times)
RII (times)1.15x8.24x
Employee (times)
Other (times)
Total (times)1.27x5.47x