Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Bright Outdoor Media IPO vs VELS Film International IPO

Comparison between Bright Outdoor Media IPO and VELS Film International IPO.

IPO Details

Bright Outdoor Media IPO is a SME Fixed Price IPO proposed to list at BSE SME while VELS Film International IPO is a SME Fixed Price proposed to list at NSE SME.

 Bright Outdoor Media IPOVELS Film International IPO
LogoBright Outdoor Media IPO LogoVELS Film International IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMENSE SME
Lead ManagersShreni Shares Ltd.Khambatta Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerShreni Shares Ltd.SS Corporate Securities 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 VELS Film International IPO is up to ₹32.03 Cr. The final issue price of Bright Outdoor Media IPO is ₹146.00 per share and of VELS Film International IPO is ₹99.00 per share.

 Bright Outdoor Media IPOVELS Film International IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹146.00 per share₹99.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1000 shares1200 shares
Fresh Issue Size36,06,000 shares32,35,200 shares
Fresh Issue Size (Amount)up to ₹52.65 Crup to ₹32.03 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total36,06,000 shares32,35,200 shares
Issue Size Total (Amount)up to ₹52.65 Crup to ₹32.03 Cr

IPO Timetable

Bright Outdoor Media IPO opens on Mar 14, 2023, while VELS Film International IPO opens on Mar 10, 2023. The closing date of Bright Outdoor Media IPO and VELS Film International IPO is Mar 17, 2023, and Mar 14, 2023, respectively.

 Bright Outdoor Media IPOVELS Film International IPO
Anchor Bid Date
Issue OpenMar 14, 2023Mar 10, 2023
Issue CloseMar 17, 2023Mar 14, 2023
Basis Of Allotment (Tentative)Mar 22, 2023Mar 17, 2023
Initiation of Refunds (Tentative)Mar 23, 2023Mar 20, 2023
Credit of Share (Tentative)Mar 24, 2023Mar 21, 2023
Listing date (Tentative)Mar 24, 2023Mar 22, 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 VELS Film International IPO P/E ratio of 58.58.

 Bright Outdoor Media IPOVELS Film International 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
VELS Film International Limited Financial Information (Restated Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-2212,090.062,717.92338.231,879.42929.42
30-Sep-2214,619.594,718.97134.002,013.421,063.42
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.99100
Promoter Shareholding (Post-Issue)72.72
P/E Ratio24.2158.58
Market Cap₹203.36 Cr.₹127.79 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 VELS Film International IPO retail investors are offered 18,03,000 shares. Qualified Institutional Buyers (QIB) are offered in Bright Outdoor Media IPO and in VELS Film International IPO.

 Bright Outdoor Media IPOVELS Film International IPO
Anchor Investor Reserveration
Market Maker Reserveration1,94,000 shares1,72,800 shares
QIB
NII18,03,000 shares16,17,600 shares
RII18,03,000 shares16,17,600 shares
Employee
Others
Total36,06,000 shares32,35,200 shares

Bids Received (Subscription)

Bright Outdoor Media IPO subscribed 1.27x in total, whereas VELS Film International IPO subscribed 1.10x.

 Bright Outdoor Media IPOVELS Film International IPO
QIB (times)
NII (times)1.39x1.22x
Big NII (times)
Small NII (times)
RII (times)1.15x0.97x
Employee (times)
Other (times)
Total (times)1.27x1.10x