Radio City IPO Latest News Today

Radio City IPO Listing Date

› Listing Date: Friday, March 17, 2017
› BSE Script Code: 540366
› NSE Symbol: RADIOCITY
› Listing In: 'B' Group of Securities
› ISIN: INE919I01016
› Issue Price: Rs. 333.00 Per Equity Share
› Face Value: Rs. 10.00 Per Equity Share

Music Broadcast Ltd IPO Allotment Status is now available online.

Music Broadcast Ltd, which operates through the brand 'Radio City' IPO was closed for subscription on Mar 08, 2017. Issue was over subscribed 39.67 times (9.85 times in retail). Music Broadcast Ltd operates as a subsidiary of Jagran Prakashan Limited. The equity shares of Radio City will list on BSE and NSE.

Music Broadcast Limited IPO to open on Mar 06, 2017 and close for subscription on Mar 08, 2017. The price band for the issue has been fixed at Rs 324 at lower level and Rs 333 at upper level. The equity shares of the company to be list at BSE and NSE.

Music Broadcast Limited is entering in the capital market with an initial public offering consist a fresh issue of up to Rs 400 crore and an offer for sale of 26,58,518 equity shares. The price band for the issue has been fixed at Rs 324 at lower level and Rs 333 at upper level.

Music Broadcast Limited is the first private FM radio broadcaster in India operates under the brand name Radio City. The company operates as a subsidiary of Jagran Prakashan Limited. 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.

The issue opens on Mar 06, 2017 and closes for subscription on Mar 08, 2017. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).