Brandbucket Media & Technology was incorporated on July 25, 2013 with the name ‘Nikara Iron And Steel Private Limited’. The company is engaged in providing advertising and related media services. Advertising media solutions include both offline like outdoor as well as digital media through websites, social media platforms, and search engines.
| Bidding Dates |
|---|
| 20 Dec 2021 - 23 Dec 2021 |
| Subscription |
|---|
| 1.58x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,10,000 | 1 | 1 | 2000 | 1.5 M | ₹55 | 52.43 % | ₹82.5 M | RHP DOC |
Brandbucket Media IPO SUBSCRIPTION STATUS
23 Dec '21Brandbucket Media IPO overall subscription rate was 1.58 times the total available shares
Brandbucket Media IPO retail subscription rate was 1.01 times in the retail segment
Brandbucket Media IPO non-institutional investor subscription rate was 2.15 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
21 Dec 2021 (Day 2) | 0.1x | 0.11x | - |
22 Dec 2021 (Day 3) | 0.31x | 1.08x | - |
23 Dec 2021 (Day 4) | 1.01x | 2.15x | - |
20 Dec 2021 (Day 1) | 0.04x | 0.11x | - |
Brandbucket Media FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 5MFY22 | 2.2 | 61.4 | -6.0 | -6.0 |
| FY21 | 2.9 | 151.9 | -2.4 | -2.4 |
| FY20 | 3.5 | 228.8 | 1.1 | 1.1 |
| FY19 | 1.4 | 67.8 | 2.2 | 0.1 |
Brandbucket Media IPO SUBSCRIPTION STATUS DETAILS
Brandbucket Media had 1.5 M shares on offer
Brandbucket Media IPO offer price was ₹55
Brandbucket Media IPO minimum Investment was ₹110000
Brandbucket Media IPO issue size was ₹ 82.5 M
Brandbucket Media had a minimum lot size of 2000 Shares per application
Brandbucket Media NUMBER OF SHARES ON OFFER
Brandbucket Media IPO IMPORTANT DATES
| Issue Open Date | 20 Dec 2021 |
| Issue close Date | 23 Dec 2021 |
| Allotment Date | 28 Dec 2021 |
| Refund Date | 29 Dec 2021 |
| Demat Account Credit Date | 30 Dec 2021 |
| Listing Date | 31 Dec 2021 |
| Listing on Exchange(s) | BSE |
| Brandbucket Media Allotment Status | Exchange |
Brandbucket Media IPO subscription opened on 20 Dec 2021, and closed on 23 Dec 2021
IPO allotment for Brandbucket Media was finalized on Tuesday, 28 Dec 2021
IPO listing for Brandbucket Media was on BSE on Friday, 31 Dec 2021
Brandbucket Media IPO LISTING GAINS
| Issue Price (adjusted) | 55.0 |
| Listing Open Price | 51.0 |
| Listing Close Price | 52.5 |
| Listing Gain% | -7.3% |
| Current Gain% | -91.1% |
Brandbucket Media INFORMATION ON IPO ISSUE
About Brandbucket Media
Brandbucket Media & Technology was incorporated on July 25, 2013 with the name ‘Nikara Iron And Steel Private Limited’. The company is engaged in providing advertising and related media services. Advertising media solutions include both offline like outdoor as well as digital media through websites, social media platforms, and search engines.
Object of the Issue
- Augment additional working capital requirements
- Funding capital expenditure requirements
- General corporate purposes
Brandbucket Media - PROMOTERS
| Name |
|---|
| Nishigandha S. Keluskar |
| Createroi Financial Consultancy private Limited |
Brandbucket Media Lead Manager
Inventure Merchant Banker Services Private Limited
sme.ipo@inventuremerchantbanker.com
Brandbucket Media Registrar to the Offer
Satellite Corporate Services Private Limited
service@satellitecorporate.com
Brandbucket Media Strengths
Client Focus
The company intends to offer end to end marketing solution catering to our client's requirements
Multiple Media Options
The company offers various products such as Digital marketing; Ground events/activations; Events Management; Marketing Technology Services; Outdoor Media (OOH); and Print Media; Outdoor Media (OOH), Print Media, Ground events/activations, Events Management and Digital Marketing
Client Focus
The company intends to offer end to end marketing solution catering to our client's requirements
Multiple Media Options
The company offers various products such as Digital marketing; Ground events/activations; Events Management; Marketing Technology Services; Outdoor Media (OOH); and Print Media; Outdoor Media (OOH), Print Media, Ground events/activations, Events Management and Digital Marketing
Brandbucket Media Risks
Outstanding litigation
There are certain outstanding legal proceedings against the company which may adversely affect our business, financial condition, and results of operations
No long term contracts
The company has not entered into any long-term contracts with any of its clients
Outstanding litigation
There are certain outstanding legal proceedings against the company which may adversely affect our business, financial condition, and results of operations
No long term contracts
The company has not entered into any long-term contracts with any of its clients
IPO FAQs
Brandbucket Media & Technology Ltd. IPO listing opened at Rs 51.00 while the issue price was Rs 55.00 giving -7.27% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 55.00 giving -91.09% gains since its IPO listing.
The promoters of the company are Nishigandha S. Keluskar and Createroi Financial Consultancy private Limited.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 55.0 - 55.0.
The IPO application opens on Dec 20, 2021 and closes on Dec 23, 2021.
The minimum lot size for the IPO is 2000. The maximum lot size for the IPO is 2000.
For all category investors, the minimum application amount for this IPO is Rs. 110,000.0, the maximum value for this IPO is Rs 110,000.0.
This IPO will be allotted on Dec 28, 2021.
The refund will be credited to your account on Dec 29, 2021.
The allotted shares will be credited to your demat on Dec 30, 2021.
Brandbucket Media & Technology Ltd.’s shares listed on the stock exchanges on Dec 31, 2021.