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Music Broadcast

Description Music Broadcast Limited owns and operates FM radio stations under the Radio City brand name. Its radio stations deliver film, non-film, devotional, regional, and international music, as well as radio jockey (RJ) hosted shows in Hindi, Tamil, Kannada, Malayalam, and Telugu languages. As of November 25, 2016, the company operated its radio stations in 29 cities in India. It also operates 31 Web radio stations that offer Internet radio with live RJ hosted shows through Planet Radio City in 6 languages with a listener ship of 12.20 million. More »

Address 5th Floor RNA Corporate Park,W E HighwayKalanagar Bandr Pincode : 400051

Number of Times Issue is Subscribed (BSE + NSE)

As on Date QIB NII RII EMP Total
08-Mar-2017 39.7800 109.1300 9.8500 39.6700
07-Mar-2017 1.0600 0.2400 3.6600 2.1900
06-Mar-2017 0.0000 0.0300 1.0000 0.5100

Issue Terms

Issue price / Floor Price (Rs) 324-333
Application per share (Rs) 333.00
Minimum investment amount (Rs) 14,985.00
Minimum bid (no of shares) 45
Maximum Shares for Retail 585

Issue Date and Size

Issue opens 06-Mar-17
Issue closes 08-Mar-17
Listing on BSE,NSE
Issue size (Rs cr) 488.53
Mkt cap at issue price (Rs cr) N.A.

Lead Managers & Registrar

Lead Manager E-mail
ICICI Securities Ltd
Registrar Karvy Computershare Pvt Ltd

Shares on Offer

Shares on Offer Lakhs
Total shares offered N.A.
Of above, offered to public N.A.
Post-issue shares N.A.
Post-issue promoters' holding(%) N.A.

Company Financials (Rs cr)

Financials Crore
No of months N.A.
Turnover N.A.
Net profit / (loss) N.A.
Borrowings N.A.


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