Comparison between Bright Outdoor Media IPO and MCON Rasayan IPO.
Bright Outdoor Media IPO is a SME Fixed Price IPO proposed to list at BSE SME while MCON Rasayan IPO is a SME Fixed Price proposed to list at NSE SME.
| Bright Outdoor Media IPO | MCON Rasayan IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Econo Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Bright Outdoor Media IPO is up to ₹52.65 Cr whereas the issue size of the MCON Rasayan IPO is up to ₹6.48 Cr. The final issue price of Bright Outdoor Media IPO is ₹146.00 per share and of MCON Rasayan IPO is ₹40.00 per share.
| Bright Outdoor Media IPO | MCON Rasayan IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹146.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 3000 shares |
| Fresh Issue Size | 36,06,000 shares | 16,20,000 shares |
| Fresh Issue Size (Amount) | up to ₹52.65 Cr | up to ₹6.48 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 36,06,000 shares | 16,20,000 shares |
| Issue Size Total (Amount) | up to ₹52.65 Cr | up to ₹6.48 Cr |
Bright Outdoor Media IPO opens on Mar 14, 2023, while MCON Rasayan IPO opens on Mar 06, 2023. The closing date of Bright Outdoor Media IPO and MCON Rasayan IPO is Mar 17, 2023, and Mar 10, 2023, respectively.
| Bright Outdoor Media IPO | MCON Rasayan IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Mar 14, 2023 | Mar 06, 2023 |
| Issue Close | Mar 17, 2023 | Mar 10, 2023 |
| Basis Of Allotment (Tentative) | Mar 22, 2023 | Mar 15, 2023 |
| Initiation of Refunds (Tentative) | Mar 23, 2023 | Mar 16, 2023 |
| Credit of Share (Tentative) | Mar 24, 2023 | Mar 17, 2023 |
| Listing date (Tentative) | Mar 24, 2023 | Mar 20, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Bright Outdoor Media IPO P/E ratio is 24.21, as compared to MCON Rasayan IPO P/E ratio of 14.71.
| Bright Outdoor Media IPO | MCON Rasayan IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 91.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.72 | 66.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 24.21 | 14.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹203.36 Cr. | ₹25.22 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 7 | 20.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.52 | 9.93 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.11 | 3.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.56 | ₹2.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.04 | 20.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Bright Outdoor Media IPO Retail Individual Investors (RII) are offered 18,03,000 shares while in MCON Rasayan IPO retail investors are offered 18,03,000 shares. Qualified Institutional Buyers (QIB) are offered in Bright Outdoor Media IPO and in MCON Rasayan IPO.
| Bright Outdoor Media IPO | MCON Rasayan IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,94,000 shares | 90,000 shares |
| QIB | ||
| NII | 18,03,000 shares | 8,10,000 shares |
| RII | 18,03,000 shares | 8,10,000 shares |
| Employee | ||
| Others | ||
| Total | 36,06,000 shares | 16,20,000 shares |
Bright Outdoor Media IPO subscribed 1.27x in total, whereas MCON Rasayan IPO subscribed 384.64x.
| Bright Outdoor Media IPO | MCON Rasayan IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.39x | 307.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.15x | 453.41x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.27x | 384.64x |
