Bright Outdoor Media IPO Review & Recommendations

Bright Outdoor Media IPO Review Summary

Review By	Subscribe	Neutral	Avoid
Brokers	0	0	1
Members	0	0	1

Bright Outdoor Media IPO Details

IPO Open	Mar 14, 2023
IPO Close	Mar 17, 2023
IPO Price	₹146
Face Value	₹10
IPO Size	₹55.48 Cr
Listing At	BSE SME
Lot Size	1000

Bright Outdoor Media IPO Analysis

Reviewer	Recommendation	Past Performance
Dilip Davda	Avoid

Bright Outdoor Media IPO Review by Members

Bright Outdoor Media IPO Reviews, analysis and views by popular members. Read Bright Outdoor Media Limited IPO reviews by retail investors to find recommended ipo to buy.

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Member	Review
RajaBanks	Avoid Irrationally priced. Bright has not made any new acquisition of outdoor screen. More over they are old-school billboard advertisers where as companies like Prodigy DOOH etc have started dominating the Billboard arena with their digital billboards. Bright might not even exist in upcoming years if they dont switch to digital screens, which requires a huge investments. (more than they have asked in IPO) Big NO NO for the IPO 2 Mar 8, 2023 9:52:38 AM

Member

Review

RajaBanks

Avoid

Irrationally priced.
Bright has not made any new acquisition of outdoor screen. More over they are old-school billboard advertisers where as companies like Prodigy DOOH etc have started dominating the Billboard arena with their digital billboards.

Bright might not even exist in upcoming years if they dont switch to digital screens, which requires a huge investments. (more than they have asked in IPO)

Big NO NO for the IPO

Mar 8, 2023 9:52:38 AM

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1 Comments

1. Alert Fraud Link|Mar 8, 2023 5:28:08 PM

Big Scammers...full fraud People....be careful before Investing your Money

1.1. Pravin shrivastava Link|Mar 17, 2023 8:06:56 AM

Good issue. One of the best managed outdoor advertising companies. Dr. Yogesh Lakhani is hands on and is excellent in costing and has best one-to-one relations with all of his customers. Personally meets all customers all over the country. Has excellent goodwill in the market.