Bright Outdoor Media Limited IPO Message Board (Page 4)

Hello Friends.
Some time back I have posted a message on valuations of the ipo & Greedyness of the promoters and Lead Managers making the SME ipos too vulnerable and the charm of the SME vanished due to this. We have seen very unbelievable returns in some of the ipos in 2022. Now those days are seems to be over and the small investors may have to be very very alert and careful while applying the SME/Main ipos.
1. The promoters are becoming more & more greedy and wants to earn money in a short span of time.
2. Agreesively ipo pricing nothing much more left for the investors.
3. Leed Managers and authority blindly approving the unrealistic ipo price.
4. All small investors must remember the event of Adani and lesson from the past before applying the ipos.
5. For small and new investors their hard earned capital is the most important thing so use it wisely.

DAPS Advertising, dealing in same line of business was listed by same LM. Though it gave good listing gains but is now trading below its IPO price.
Point to be noted is that this issue size is 10 times higher as compared to DAPS. We have already seen that bigger issue size IPOs are struggling at present.

IPO is there to loot investors

Promoter Yogesh Lakhani used to appear in some of the bollywood awards like filmfare awards or screen awards.

Once upon a time he used to sell newspapers like warren buffett in his old struggling days & now he produces low budget B grade films also with advertising business.

Media & movie shares are not rewarding to investors.