Bright Outdoor Media IPO Subscription Details

Fixed Price IPO | ₹55 Cr | Listed at BSE SME | Tue, Mar 14, 2023 - Fri, Mar 17, 2023

Basis of Allotment - Bright Outdoor Media IPO

Details NII Retail Total
Allocation (No. of shares)18,03,00018,03,00036,06,000
Allotment price (Rs.)146146146
No.of applications692,0482,117
No.of shares applied22,95,00020,48,00043,43,000
Amount collected (Rs.cr.)33.51 29.90 63.41
No.of times subscribed1.271.141.20
No.of shares allotted18,03,00018,03,00036,06,000
Amount (Rs.cr.)26.32 26.32 52.65
No.of allottees01,8031,803

IPO Shares Offered

Bright Outdoor Media IPO is a public issue of 0.36 Cr equity shares. The issue offers 0.18 Cr shares to retail investors , 0.18 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,94,0002.83 5.11%
Other 18,03,00026.32 47.45%
Retail18,03,00026.32 47.45%
Total38,00,00055.48 100%

IPO Subscription FAQs

The Bright Outdoor Media IPO is subscribed 1.27 times by Mar 17, 2023 19:02.

Bright Outdoor Media IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.39
Retail Individual1.15
Total Subscription1.27

Retail category of Bright Outdoor Media IPO subscribed 1.15 times as of date Mar 17, 2023 19:02. The public issue closes on Fri, Mar 17, 2023 for bidding.

An investor can apply in Bright Outdoor Media IPO online via bank (using ASBA) or the broker (using UPI). The Bright Outdoor Media IPO shares are offered online only.

The Bright Outdoor Media IPO is subscribed 1.27 times by Mar 17, 2023 19:02.

The Bright Outdoor Media IPO allotment status is expected on or around Wednesday, March 22, 2023. Visit Bright Outdoor Media IPO allotment status to check.

The Bright Outdoor Media IPO listing date is March 24, 2023. The equity share of Bright Outdoor Media IPO will list on BSE SME.

Visit Bright Outdoor Media IPO subscription status page for real-time bidding information about Bright Outdoor Media IPO.

Bright Outdoor Media IPO Timetable

IPO opens OnTuesday, March 14, 2023
IPO Closes OnFriday, March 17, 2023
Finalisation of Basis of AllotmentWednesday, March 22, 2023
Initiation of RefundsThursday, March 23, 2023
Credit of Shares to Demat AccountFriday, March 24, 2023
IPO Listing DateFriday, March 24, 2023
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