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.
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.
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 IPO | MCON Rasayan IPO |
|---|
| 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 |
Financials & KPIs
Bright Outdoor Media IPO P/E ratio is 24.21, as compared to MCON Rasayan IPO P/E ratio of 14.71.
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 IPO | MCON Rasayan IPO |
|---|
| Market Maker Reservation | 1,94,000 shares | 90,000 shares |
| NII | 18,03,000 shares | 8,10,000 shares |
| RII | 18,03,000 shares | 8,10,000 shares |
| Total | 36,06,000 shares | 16,20,000 shares |
Bids Received (Subscription)
Bright Outdoor Media IPO subscribed 1.27x in total, whereas MCON Rasayan IPO subscribed 380.25x.
