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March 14, 2023 - March 17, 2023

Bright Outdoor Media IPO FAQ

Bright Outdoor Media IPO Date & Price

The Bright Outdoor Media IPO opens on March 14, 2023 and closes on March 17, 2023.

Bright Outdoor Media IPO timetable / schedule is as below:
  • Bid/Offer Opens On: March 14, 2023
  • Bid/Offer Closes On: March 17, 2023
  • Finalization of Basis of Allotment: March 22, 2023
  • Initiation of refunds: March 23, 2023
  • Credit of Equity Shares: March 24, 2023
  • Listing Date: March 24, 2023

Bright Outdoor Media IPO price is set at ₹146 per equity share.

Bright Outdoor Media IPO will close for subscription at 5 PM on March 17, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Bright Outdoor Media IPO starts on March 14, 2023. The issue ends on March 17, 2023.

Bright Outdoor Media IPO Issue Size and Subscription Status

The Bright Outdoor Media IPO size is 3800000 Equity Shares of ₹10 aggregating up to ₹55.48 Cr.

Bright Outdoor Media Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Bright Outdoor Media IPO shares through the banks (using ASBA) or through the broker (using UPI).

Bright Outdoor Media IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,803,000 Shares
Retail Individual Investor (RII)1,803,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,606,000 Shares

Bright Outdoor Media IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)1.39 times times
Retail Individual Investor (RII)1.15 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.27 times times

Click here to check the Bright Outdoor Media IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Bright Outdoor Media IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Bright Outdoor Media IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Bright Outdoor Media IPO Allotment and Listing

The Bright Outdoor Media IPO allot status will be available online on March 22, 2023. Check the Bright Outdoor Media IPO Allotment Status here.

Click here to check Bright Outdoor Media IPO Allotment Status.

Bright Outdoor Media IPO listing Date is March 24, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Bright Outdoor Media IPO listing date and time is published by the exchange in a circular.

Click here to view the Bright Outdoor Media IPO Basis of Allotment.

It is hard to say at what price Bright Outdoor Media IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Bright Outdoor Media IPO shares will list on March 24, 2023 at BSE SME.

Bright Outdoor Media IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Bright Outdoor Media IPO which could help you with questions like Bright Outdoor Media IPO buy or not? You should also read Bright Outdoor Media IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Bright Outdoor Media IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Bright Outdoor Media IPO performance. The performance reports are available 1 day after listing.