Bright Outdoor Media IPO vs Sudarshan Pharma Industries IPO

Comparision between Bright Outdoor Media IPO and Sudarshan Pharma Industries IPO.

IPO Details

Bright Outdoor Media IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Sudarshan Pharma Industries IPO is a SME Book Built Issue proposed to list at BSE SME.

	Bright Outdoor Media IPO	Sudarshan Pharma Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Shreni Shares Limited	Gretex Corporate Services Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Shreni Shares Limited	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		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 Sudarshan Pharma Industries IPO is up to ₹50.10 Cr. The final issue price of Bright Outdoor Media IPO is ₹146.00 per share and of Sudarshan Pharma Industries IPO is ₹73.00 per share.

	Bright Outdoor Media IPO	Sudarshan Pharma Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹73.00 per share
Issue Price (Final)	₹146.00 per share	₹73.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1000 shares	1600 shares
Fresh Issue Size	38,00,000 shares	68,62,400 shares
Fresh Issue Size (Amount)	up to ₹55.48 Cr	up to ₹50.10 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	38,00,000 shares	68,62,400 shares
Issue Size Total (Amount)	up to ₹55.48 Cr	up to ₹50.10 Cr

IPO Timetable

Bright Outdoor Media IPO opens on Mar 14, 2023, while Sudarshan Pharma Industries IPO opens on Mar 09, 2023. The closing date of Bright Outdoor Media IPO and Sudarshan Pharma Industries IPO is Mar 17, 2023, and Mar 14, 2023, respectively.

	Bright Outdoor Media IPO	Sudarshan Pharma Industries IPO
Anchor Bid Date		Mar 08, 2023
Issue Open	Mar 14, 2023	Mar 09, 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
Anchor Lockin End date 1	Apr 21, 2023	Apr 16, 2023
Anchor Lockin End date 2	Jun 20, 2023	Jun 15, 2023

Financials

Bright Outdoor Media IPO P/E ratio is 24.21, as compared to Sudarshan Pharma Industries IPO P/E ratio of 24.33.

Bright Outdoor Media IPO

Sudarshan Pharma Industries 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

Sudarshan Pharma Industries Ltd Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	9,926.02	19,372.82	267.12	2,250.74	1,296.05	2,977.09
31-Mar-22	13,752.18	35,755.89	530.37	2,977.53	2,002.63	3,059.24
30-Sep-22	16,402.22	19,589.87	360.70	5,108.79	3,996.89	4,940.50
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

80.28%

Promoter Shareholding (Post-Issue)

72.72%

P/E Ratio

24.21

24.33

Market Cap

₹203.36 Cr.

₹175.68 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 Sudarshan Pharma Industries IPO retail investors are offered 18,03,000 shares. Qualified institutional buyers (QIB) are offered in Bright Outdoor Media IPO and 5,21,600 shares in Sudarshan Pharma Industries IPO.

	Bright Outdoor Media IPO	Sudarshan Pharma Industries IPO
Anchor Investor Reserveration		7,80,800 shares
Market Maker Reserveration	1,94,000 shares	3,44,000 shares
QIB		5,21,600 shares
NII	18,03,000 shares	19,08,800 shares
RII	18,03,000 shares	36,51,200 shares
Employee
Others
Total	36,06,000 shares	60,81,600 shares

Bids Received (Subscription)

Bright Outdoor Media IPO subscribed 1.27x in total, whereas Sudarshan Pharma Industries IPO subscribed 1.06x.

	Bright Outdoor Media IPO	Sudarshan Pharma Industries IPO
QIB (times)		1.01x
NII (times)	1.39x	0.81x
Big NII (times)
Small NII (times)
RII (times)	1.15x	1.20x
Employee (times)
Other (times)
Total (times)	1.27x	1.06x

Compare with others

Bright Outdoor Media IPO	Sudarshan Pharma Industries IPO
Command Polymers IPO	Labelkraft Technologies IPO
Dev Labtech Venture IPO	VELS Film International IPO
Nirman Agri Genetics IPO	Bright Outdoor Media IPO
Labelkraft Technologies IPO	Prospect Commodities IPO
VELS Film International IPO	Quality Foils (India) IPO
Prospect Commodities IPO	Vertexplus Technologies IPO
Quality Foils (India) IPO	MCON Rasayan IPO
Sudarshan Pharma Industries IPO	Systango Technologies IPO
Vertexplus Technologies IPO	Amanaya Ventures IPO
MCON Rasayan IPO	ResGen IPO

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