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.
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.
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 IPO | Dev Labtech Venture IPO |
|---|
| Issue Open | Mar 14, 2023 | Mar 17, 2023 |
| Issue Close | Mar 17, 2023 | Mar 21, 2023 |
| Basis Of Allotment (Tentative) | Mar 22, 2023 | Mar 24, 2023 |
| Initiation of Refunds (Tentative) | Mar 23, 2023 | Mar 27, 2023 |
| Credit of Share (Tentative) | Mar 24, 2023 | Mar 28, 2023 |
| Listing date (Tentative) | Mar 24, 2023 | Mar 29, 2023 |
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.
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 IPO | Dev Labtech Venture IPO |
|---|
| Market Maker Reservation | 1,94,000 shares | 1,12,000 shares |
| NII | 18,03,000 shares | 10,44,000 shares |
| RII | 18,03,000 shares | 10,44,000 shares |
| Total | 36,06,000 shares | 20,88,000 shares |
Bids Received (Subscription)
Bright Outdoor Media IPO subscribed 1.27x in total, whereas Dev Labtech Venture IPO subscribed 5.45x.
