Music BroadRadio City IPO) – Updates. The company has raised Rs. 146.56 crore from anchor investors, has fixed the IPO price band at Rs. 324-333 per share. The IPO closes on March 8.
Peer comparison –
Particulars Music Broadcast Entertainment Network Zee Media Key Brand Radio City Radio Mirchi 92.7 Big FM Current Radio Stations Number 39 42 45 Listnership In million 50 million 60 million 43 million H1FY17 annualised Revenue Rs. Crore 274 481 284 H1FY17 annualised EBITDA Rs. Crore 94 139 116 EBITDA Margin % 34.3% 28.9% 40.8% H1FY17 Annualised PAT Rs. Crore 60 49 NA Enterprise Value (EV) Rs. Crore 1900 3.973 1.592 Valuation Multiples – Current year, based on above H1FY17 annualised numbers
EV/Sales 6.9* 8.3* 5.6* EV/EBITDA 20.2* 28.6* 13.7* PE 25* 69* NA EV/Station 49* 95* 35*
More @ https://www.moneydial.com/blogs/music-broadcast-ltd-ipo-radio-city-ipo-updates/
i have applied for music broadcast ipo online can you tell me how can check my application is submitted successfully please tell me
246.1. ShareView| Link| Bookmark|
March 7, 2017 12:06:06 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Check ASBA or IPO status on ASBA / IPO page link in your bank site.If written any of these words - accepted , blocked , success ; that means everything is OK.Your actual balance , effective balance and available balance vary to that extent.
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245. Eagleye| Link| Bookmark|
March 7, 2017 11:24:59 AM
IPO Guru (6600+ Posts, 21900+ Likes)
I am new to the forum and don''t know you but looking at the number of people waiting for your comments I am excited to read your analysis and recommendation.
The present allocation method for IPO is totally unfair for retail investors who take higher risk. When the ipo is over subscribed, the retai investors at minimum application and max application are treated similar. While if the ipo is not oversubscribed than the max application investor takes the brunt and get allotted the full subscription. There is no fairness in risk and reward working... The current process is flawed and if SEBI wants to allot every one than all retail investors should be compulsorily asked to bid for same number of shares. Else the retail investor who takes higher risks max application should stand higher chance of allotment during oversubscription
In fact it quite fair. In case of over subscription - leaving least applicant unsatisfied. In case of undersubscribed - rewarding those who has helped in achieving the target most.
how is it fair Mr DSR.. one who applies with 2 lakh and one who applies with Rs 7000 in case of over subscription.. The question is risk reward... u did not understand the question... Here both have equal chance of allotment??? how is it fair. When it is under subscribed the 2 lakh investors gets full amount alloted while the Rs 7000 investor only takes risk for minimum lot??? So in case of losses the investor with highest bid bares the burden while in case of profit all share equally... Kya dimag paya hai DSR tumne
you''ve missed the whole point of IPO. It is not for bidders to make money. It is for the issuer to raise funds.
When you say 2 lakh investors bear the burden, it''s laughable. When the investor applies for 2 lakh or above is it to minimize the risk or take as much benefit as possible? At the time of applying is he not hoping to get as much allotment as possible?
If you and your friend are going from a jungle full of dacoits and you have 2 lakh rupees and your friend has 15000 in, who will loose more in case the dacoits attack.
Similarly if the IPO is not oversubscribed and it opens much below the issue price who is at loss... Ans: the one who bid for max application Mr A applies for 300 shares and Mr B applied for 30 shares. Issue is not fully subscribed. Issue price is 100 but opens at 80... Mr A looses 6000 while Mr B looses 600
But in case if the IPO is oversubscribed and opens much higher who profits? Ans: Every body gets equal profit
Mr A applies for 300 shares and Mr B applied for 30 shares. Issue is over subscribed. Issue price is 100 but opens at 120... Mr A profits 600 while Mr B profits 600
what is the risk reward ratio for 20% - or + for A = loosing side 10 times 6000 divided by 600 for B = no difference profit and loss equal of 600