Bright Outdoor Media IPO vs VELS Film International IPO

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

IPO Details

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

	Bright Outdoor Media IPO	VELS Film International 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	Khambatta Securities Limited
Registrar	Bigshare Services Pvt Ltd	Cameo Corporate Services Limited
Market Maker	Shreni Shares Limited	Ss Corporate Securities 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 VELS Film International IPO is up to ₹33.74 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 IPO	VELS 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)
Discount (Employee)
Market Lot Size	1000 shares	1200 shares
Fresh Issue Size	38,00,000 shares	34,08,000 shares
Fresh Issue Size (Amount)	up to ₹55.48 Cr	up to ₹33.74 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	38,00,000 shares	34,08,000 shares
Issue Size Total (Amount)	up to ₹55.48 Cr	up to ₹33.74 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 IPO	VELS Film International IPO
Anchor Bid Date
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
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 VELS Film International IPO P/E ratio of 58.58.

Bright Outdoor Media IPO

VELS Film International 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

VELS Film International Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-22	12,090.06	2,717.92	338.23	1,879.42	929.42
30-Sep-22	14,619.59	4,718.97	134.00	2,013.42	1,063.42
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

100%

Promoter Shareholding (Post-Issue)

72.72%

P/E Ratio

24.21

58.58

Market Cap

₹203.36 Cr.

₹127.79 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 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
Anchor Investor Reserveration
Market Maker Reserveration	1,94,000 shares	1,72,800 shares
QIB
NII	18,03,000 shares	16,17,600 shares
RII	18,03,000 shares	16,17,600 shares
Employee
Others
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.

	Bright Outdoor Media IPO	VELS Film International IPO
QIB (times)
NII (times)	1.39x	1.22x
Big NII (times)
Small NII (times)
RII (times)	1.15x	0.97x
Employee (times)
Other (times)
Total (times)	1.27x	1.10x

Compare with others

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

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