Brandbucket Media & Technology Limited IPO Detail
Brandbucket Media & Technology offers online and offline advertising media solution services to customers. Its offerings include digital marketing, ground events, event management, marketing technology services, outdoor media, and print media. Its outdoor media operations are spread across Thane & Mumbai. The business is further engaged in event management activities including planning, organizing, and managing all event activities.
Competitive strengths
- Expertise in the outdoor media domain.
- Customer-centric advertising media solution offerings.
- Diversified product portfolio including digital marketing, event management, outdoor media, print media, etc.
Company Promoters
Nishigandha S. Keluskar and Createroi Financial Consultancy Pvt LtdIPO Details
| IPO Opening Date | Dec 20, 2021 |
| IPO Closing Date | Dec 23, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹55 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹8.25 Cr |
| Fresh Issue | - |
| Offer for Sale | - |
| Retail Portion | - |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.11x | 0.04x | 0.07x | |
| Day 2 | - | - | 0.11x | 0.10x | 0.10x | |
| Day 3 | - | - | 1.08x | 0.31x | 0.70x | |
| Day 4 | - | - | 2.15x | 1.01x | 1.58x |
IPO Tentative Timetable
The Brandbucket Media & Technology Limited IPO open date is Dec 20, 2021, and the close date is Dec 23, 2021. The issue may list on Dec 31, 2021.
| IPO Open Date | Dec 20, 2021 |
| IPO Close Date | Dec 23, 2021 |
| Basis of Allotment Date | Dec 28, 2021 |
| Initiation of Refunds | Dec 29, 2021 |
| Credit of Shares to Demat Account | Dec 30, 2021 |
| IPO Listing Date | Dec 31, 2021 |
IPO Lot Size
The Brandbucket Media & Technology Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹110000 |
| Maximum | 1 | 2000 | ₹110000 |
IPO Promoter Holding
| Pre Issue Share Holding | 73.66% |
| Post Issue Share Holding | 38.62% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 495.57 | 1,519.27 | 29.14 |
| 31-Mar-20 | 340.34 | 2,288.21 | 35.36 |
| 31-Mar-19 | 286.31 | 677.78 | 14.48 |
Objects of the Issue:
- Augment additional working capital requirements.
- Funding capital expenditure requirements.
- General corporate purposes.
Brandbucket Media & Technology Limited IPO Registrar:
Satellite Corporate Services Private Limited
Brandbucket Media & Technology Limited IPO Lead Manager(s):
Inventure Merchant Banker Services Pvt Ltd
