This week Brandbucket Media Limited is going to issue IPO shares in the share market. They have already started Issuing shares from December 20 and will close on December 23, 2021. Today we are going to review Brandbucket Media IPO shares and the performances on the record till now, First of all, we are going to tell you that how much fund the company wants to raise through it, and then we will discuss the size and price of their lots.
So, According to the sources, the company is going to raise ₹8.25 crores through IPO in which they have fixed the price band at ₹55 with a market lot of 2000 shares. For the IPO details of the company stay with us till the end.
Brandbucket Media IPO Review & Details
Brandbucket is a private corporation that serves media solutions both offline like to the client’s door as well as an online method like digital communication websites, Different social media platforms, and search engines.
The company also offers the technologies enabling social media technologies as well as execution for the clients through creative and innovative ideas. The company has opened its branches as offline media in Mumbai and Thane.
Also, they have been involved in event management and they are planning, organizing, and managing all event activities. Check the IPO Details below.
Brandbucket Media IPO Date & Price Band
| 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 | 1,500,000 Eq Shares of ₹10 (aggregating up to ₹8.25 Cr) |
Brandbucket Media IPO Lot Size
The Brandbucket Media IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹110,000 |
| Maximum | 1 | 2000 | ₹110,000 |
Brandbucket Media IPO Date, Time Table, Allotment & Listing
The Brandbucket Media 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 |
Brandbucket Media Company Financial Report
| ₹ in crores | |||
| Income | Revenue | Profit After Tax | |
| 2019 | ₹2.86 | ₹6.78 | ₹0.15 |
| 2020 | ₹3.40 | ₹22.88 | ₹0.35 |
| 2021 | ₹4.96 | ₹15.19 | ₹0.29 |
we have to the conclusion that the company has high price bands as compared to their equity shares. As per the company financial reports, it is showing impressive growth whenever they have wanted to raise funds through IPO. So, we suggest that both long-term as well short term investors can be interested in the company offers. For more companies, IPO reviews keep following us on our official site All Social Updates.