Bright Outdoor Media IPO vs Nirman Agri Genetics IPO

Comparision between Bright Outdoor Media IPO and Nirman Agri Genetics IPO.

IPO Details

Bright Outdoor Media IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Nirman Agri Genetics IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Bright Outdoor Media IPO	Nirman Agri Genetics IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Shreni Shares Limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Shreni Shares Limited	Nnm Securities Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bright Outdoor Media IPO is up to ₹55.48 Cr whereas the issue size of the Nirman Agri Genetics IPO is up to ₹20.30 Cr. The final issue price of Bright Outdoor Media IPO is ₹146.00 per share and of Nirman Agri Genetics IPO is ₹99.00 per share.

	Bright Outdoor Media IPO	Nirman Agri Genetics 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)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	38,00,000 shares	20,50,800 shares
Fresh Issue Size (Amount)	up to ₹55.48 Cr	up to ₹20.30 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	38,00,000 shares	20,50,800 shares
Issue Size Total (Amount)	up to ₹55.48 Cr	up to ₹20.30 Cr

IPO Timetable

Bright Outdoor Media IPO opens on Mar 14, 2023, while Nirman Agri Genetics IPO opens on Mar 15, 2023. The closing date of Bright Outdoor Media IPO and Nirman Agri Genetics IPO is Mar 17, 2023, and Mar 20, 2023, respectively.

	Bright Outdoor Media IPO	Nirman Agri Genetics IPO
Anchor Bid Date
Issue Open	Mar 14, 2023	Mar 15, 2023
Issue Close	Mar 17, 2023	Mar 20, 2023
Basis Of Allotment (Tentative)	Mar 22, 2023	Mar 23, 2023
Initiation of Refunds (Tentative)	Mar 23, 2023	Mar 24, 2023
Credit of Share (Tentative)	Mar 24, 2023	Mar 27, 2023
Listing date (Tentative)	Mar 24, 2023	Mar 28, 2023
Anchor Lockin End date 1	Apr 21, 2023	Apr 22, 2023
Anchor Lockin End date 2	Jun 20, 2023	Jun 21, 2023

Financials

Bright Outdoor Media IPO P/E ratio is 24.21, as compared to Nirman Agri Genetics IPO P/E ratio of 14.93.

Bright Outdoor Media IPO

Nirman Agri Genetics IPO

Financial

Bright Outdoor Media Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	10,135.25	7,151.29	171.24	3,349.77	5,185.79
31-Mar-21	9,702.12	2,494.88	108.22	3,435.19	4,819.56
31-Mar-22	9,450.58	5,089.71	259.20	3,679.47	4,082.90
30-Sep-22	9,273.53	4,518.46	419.69	4,091.65	2,997.04
Amount in ₹ Lakhs

Nirman Agri Genetics Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-21	164.06	382.21	5.47	6.47	99.19
31-Mar-22	595.87	1,348.91	256.02	264.41	124.67
31-Oct-22	915.70	1,804.28	230.44	447.51	171.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

Promoter Shareholding (Post-Issue)

72.72%

65.59%

P/E Ratio

24.21

14.93

Market Cap

₹203.36 Cr.

₹59.01 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bright Outdoor Media IPO retail investors (RII) are offered 18,03,000 shares while in Nirman Agri Genetics IPO retail investors are offered 18,03,000 shares. Qualified institutional buyers (QIB) are offered in Bright Outdoor Media IPO and in Nirman Agri Genetics IPO.

	Bright Outdoor Media IPO	Nirman Agri Genetics IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,94,000 shares	1,04,400 shares
QIB
NII	18,03,000 shares	9,73,200 shares
RII	18,03,000 shares	9,73,200 shares
Employee
Others
Total	36,06,000 shares	19,46,400 shares

Bids Received (Subscription)

Bright Outdoor Media IPO subscribed 1.27x in total, whereas Nirman Agri Genetics IPO subscribed 1.71x.

	Bright Outdoor Media IPO	Nirman Agri Genetics IPO
QIB (times)
NII (times)	1.39x	1.22x
Big NII (times)
Small NII (times)
RII (times)	1.15x	2.20x
Employee (times)
Other (times)
Total (times)	1.27x	1.71x

Compare with others

Bright Outdoor Media IPO	Nirman Agri Genetics IPO
Command Polymers IPO	MOS Utility IPO
Dev Labtech Venture IPO	Infinium Pharmachem IPO
Nirman Agri Genetics IPO	Maiden Forgings IPO
Labelkraft Technologies IPO	Command Polymers IPO
VELS Film International IPO	Dev Labtech Venture IPO
Prospect Commodities IPO	Labelkraft Technologies IPO
Quality Foils (India) IPO	VELS Film International IPO
Sudarshan Pharma Industries IPO	Bright Outdoor Media IPO
Vertexplus Technologies IPO	Prospect Commodities IPO
MCON Rasayan IPO	Quality Foils (India) IPO

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