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Bright Outdoor Media IPO vs MCON Rasayan IPO

Comparison between Bright Outdoor Media IPO and MCON Rasayan IPO.

IPO Details

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 IPOMCON Rasayan IPO
LogoBright Outdoor Media IPO LogoMCON Rasayan IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerShreni Shares Ltd.Econo 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 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 IPOMCON 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 Size1000 shares3000 shares
Fresh Issue Size36,06,000 shares16,20,000 shares
Fresh Issue Size (Amount)up to ₹52.65 Crup to ₹6.48 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,06,000 shares16,20,000 shares
Issue Size Total (Amount)up to ₹52.65 Crup to ₹6.48 Cr

IPO Timetable

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 IPOMCON Rasayan IPO
Anchor Bid Date
Issue OpenMar 14, 2023Mar 06, 2023
Issue CloseMar 17, 2023Mar 10, 2023
Basis Of Allotment (Tentative)Mar 22, 2023Mar 15, 2023
Initiation of Refunds (Tentative)Mar 23, 2023Mar 16, 2023
Credit of Share (Tentative)Mar 24, 2023Mar 17, 2023
Listing date (Tentative)Mar 24, 2023Mar 20, 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 MCON Rasayan IPO P/E ratio of 14.71.

 Bright Outdoor Media IPOMCON Rasayan 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
MCON Rasayan India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20776.02896.953.61110.729.72321.61
31-Mar-21831.81899.7818.68178.4028.40346.58
31-Mar-221,446.311,922.3644.40221.2971.29740.85
30-Sep-221,777.531,304.6785.64456.93269.43642.63
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9991.45
Promoter Shareholding (Post-Issue)72.7266.64
P/E Ratio24.2114.71
Market Cap₹203.36 Cr.₹25.22 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 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 IPOMCON Rasayan IPO
Anchor Investor Reserveration
Market Maker Reserveration1,94,000 shares90,000 shares
QIB
NII18,03,000 shares8,10,000 shares
RII18,03,000 shares8,10,000 shares
Employee
Others
Total36,06,000 shares16,20,000 shares

Bids Received (Subscription)

Bright Outdoor Media IPO subscribed 1.27x in total, whereas MCON Rasayan IPO subscribed 384.64x.

 Bright Outdoor Media IPOMCON Rasayan IPO
QIB (times)
NII (times)1.39x307.09x
Big NII (times)
Small NII (times)
RII (times)1.15x453.41x
Employee (times)
Other (times)
Total (times)1.27x384.64x