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IPO Details


Music Broadcast Ltd
Registered Office: 5th Floor RNA Corporate Park, W E HighwayKalanagar Bandra(E), Mumbai - 400051, Maharashtra
Phone: 91-22-66969100
Email: investor@myradiocity.com
Website: www.radiocity.in
Initial public offer of 14,670,530 equity shares of face value Rs. 10 each (The Equity Shares) of Music Broadcast Limited (The Company or The Company or The Issuer) for cash at a price of Rs. 333 per equity share aggregating up to Rs. 488.53 crores (The Offer) consisting of a fresh issue of up to 12,012,012 equity shares at a price of Rs. 333 per equity share (including a share premium of Rs. 323 per equity share) by the company aggregating up to Rs. 400.00 crores (The Fresh Issue) and an offer for sale of upto 2,658,518 equity shares by the selling shareholders aggregating up to Rs. 88.53 crores (the offer for sale). The offer would constitute 25.71% of the post-offer paid-up equity share capital of the company. Offer price: Rs.333 per equity share of face value of Rs.10 each. The Offer Price is 33.30 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
06-Mar-2017 08-Mar-2017 333.00 0.00
Minimum Application for shares in Nos : 45 Further Multiples of : 45
()Cr. Lead Managers to the Issue
Project Cost 0.00 ICICI Securities Ltd
Project Financed through Current Offer 488.53
Post Issue Equity Share Capital 0.00
Issue Price 333.00
Projects
Redemption of the listed NCDs
Early redem. of JPL NCDs & Repayment of JPL ICDs
General corporate purposes
Promoted By
Jagran Prakashan Ltd
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

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NASDAQ

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