Saturday, February 25, 2017

Music Broadcast IPO Dates, Price Band, Market Lot Details

Music Broadcast Limited is a private radio broadcaster in India. Radio City 91.1 FM is a brand name for the company. They are in the market since 1999. They are the first private FM radio broadcasters. Jagran Prakashan Limited is promoter of the company. Music Broadcast is coming up with 400 crore ipo with Avenues Supermart is also around this IPO so investors will take a look which one to subscribe. Music Broadcast IPO grey market is active now. Check the daily Music Broadcast IPO grey market rates here.

Music Broadcast IPO Review:
Apply for Listing Gain and Long Term as well.

Music Broadcast IPO Dates & Price Band:
IPO Open: 6 March 2017
IPO Close: 8 March 2017
IPO Size: Approx Rs. 400 Crores
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 324 to 333 Per Share
Listing on: BSE & NSE

Music Broadcast IPO Market Lot:
Shares: Apply for 45 Shares (Minimum Lot Size)
Amount: Rs. 14985

Music Broadcast IPO Allotment & Listing:
Basis of Allotment: 14 March 2017
Refunds: 15 March 2017
Credit to demat accounts: 16 March 2017
Listing: 17 March 2017

Music Broadcast Financial:

ParticularsFor the year/period ended (in Rs. Crore)

Sep-16 Mar-16 Mar-15 Mar-14 Mar-13 Mar-12
Total Assets 527.82 485.29 397.71 169.96 170.78 180.83
Total Revenue 138.21 245.51 207.51 157.27 140.51 124.80
Profit After Tax (PAT) 29.76 42.51 47.06 24.33 11.62 (2.17)

Company Promoters:
JPL (Jagran Prakasha Ltd)

Quick Links:
DRHP Draft Prospectus

Music Broadcast IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968

Music Broadcast IPO Lead Managers:
ICICI Securities Limited

Company Address:
Music Broadcast Ltd
5 th Floor, RNA Corporate Park,
Off Western Express Highway,
Kalanagar, Bandra (East) Mumbai 400 051
Phone: (91 22) 6696 9100
Fax: (91 22) 2642 9113

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