Bright Outdoor Media IPO Allotment Status Online

The Bright Outdoor Media IPO allotment status will be available on March 22, 2023, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Bright Outdoor Media IPO allotment status online:

• Visit the Bright Outdoor Media IPO allotment status page.
• Click on the green Bright Outdoor Media IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Bright Outdoor Media IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Bright Outdoor Media IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Bright Outdoor Media IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Bright Outdoor Media IPO allotment status is expected on March 22, 2023. Click the green button Bright Outdoor Media IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Bright Outdoor Media IPO oversubscribed in the retail category, the Bright Outdoor Media IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Bright Outdoor Media IPO shares will get listed on Friday, March 24, 2023. The equity share of Bright Outdoor Media Limited will list on BSE SME.

The reason you didn't get the Bright Outdoor Media IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).