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.
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.
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 IPO | VELS Film International IPO |
|---|
| Issue Open | Mar 14, 2023 | Mar 10, 2023 |
| Issue Close | Mar 17, 2023 | Mar 14, 2023 |
| Basis Of Allotment (Tentative) | Mar 22, 2023 | Mar 17, 2023 |
| Initiation of Refunds (Tentative) | Mar 23, 2023 | Mar 20, 2023 |
| Credit of Share (Tentative) | Mar 24, 2023 | Mar 21, 2023 |
| Listing date (Tentative) | Mar 24, 2023 | Mar 22, 2023 |
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.
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 IPO | VELS Film International IPO |
|---|
| Market Maker Reservation | 1,94,000 shares | 1,72,800 shares |
| NII | 18,03,000 shares | 16,17,600 shares |
| RII | 18,03,000 shares | 16,17,600 shares |
| Total | 36,06,000 shares | 32,35,200 shares |
Bids Received (Subscription)
Bright Outdoor Media IPO subscribed 1.27x in total, whereas VELS Film International IPO subscribed 1.10x.
