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Music Broadcast Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹333
Issue Price
₹333
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹333
GMP based
Lot Size
45
shares / lot
Min Amount
₹14,985
1 lot · 45 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
06 Mar 2017
Mon Completed
Done
Close Date
08 Mar 2017
Wed Completed
Done
Allotment
14 Mar 2017
Tue Completed
Done
Refund
15 Mar 2017
Wed Completed
Done
Demat Credit
16 Mar 2017
Thu Completed
Done
Listing Date
17 Mar 2017
Fri Completed
UPI Deadline: 08 Mar 2017
Issue Details
Pricing & Size
Issue Price
₹333 Face ₹10
Lot Size
45 shares
Min Investment
₹14,985
Total Issue Size
1,46,70,530 shares (aggregating up to ₹488.53 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
73,35,264 (50.00%)
NII / HNI
22,00,580 (15.00%)
Retail
51,34,686 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
4,50,42,767 shares
Post-Issue Shareholding
5,70,54,779 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 45 ₹14,985
HNI / NII 14 630 ₹2,09,790
bHNI / bNII 67 3,015 ₹10,03,995
Objects of Issue
3 objectives
1
1 Redemption of the Listed NCDs
200.00 Cr
2
2 Early redemption of the JPL NCDs and repayment/ pre-payment of the JPL ICDs
98.24 Cr
3
3 General corporate purposes
80.12 Cr
Lead Managers & Market Maker
Book Running Lead Managers
ICICI Securities Ltd.
IPO Timeline
Open
06 Mar
✓ Done
Close
08 Mar
✓ Done
Allotment
14 Mar
✓ Done
Listing
17 Mar
✓ Done
Registrar Details
Kfin Technologies Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
einward.ris@karvy.com
Company Contact
Email
investor@myradiocity.com
Phone
(91 22) 6696 9100
Address
5 th Floor, RNA Corporate Park, Off Western Express Highway, Kalanagar, Bandra (East) Mumbai 400 051 Bandra, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹333
Est. Listing
₹333
Lot Size
45 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Music Broadcast Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
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| Price
Market Reference
IPO Issue Price
₹333
GMP
+₹0 (+0%)
GMP Est. Listing
₹333
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 73,35,264 (50.00%) ₹24,426.43 Cr
NII / HNI (Total) 22,00,580 (15.00%) ₹7,327.93 Cr
Retail Investors 51,34,686 (35.00%) ₹17,098.51 Cr
Total ** 1,46,70,530 (100.00%) ₹488,528.65 Cr
* Based on ₹333.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
73,35,264 (50.00%)
NII
22,00,580 (15.00%)
Retail
51,34,686 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric30-Sep-1631-Mar-1631-Mar-15
Revenue138.21245.51207.51
PAT29.7642.5147.06
EBITDA
Net Worth
Total Assets527.83485.29397.73
Reserves
Borrowings
About Music Broadcast Ltd.

Incorporated in 1999, Music Broadcast Limited is the first private FM radio broadcaster in India operates under the brand name Radio City. The company operated its radio stations in 29 cities in India as of November 25, 2016. They are present in 12 out of the top 15 cities in India by population.

Music Broadcast Limited 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. 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 listenership of 12.20 million. In addition, Music Broadcast Limited operates 'Planet Radio City' mobile app that plays various stations, such as 'Radio City Freedom', 'Radio City Electronica', 'Radio City Metal', and 'Radio City Smaran' in various languages on mobile and other smart devices.

Frequently Asked Questions
What is the issue price of Music Broadcast Ltd. IPO?
The issue price of Music Broadcast Ltd. IPO is ₹333 per share, face value ₹10.
What is the lot size?
Minimum lot size is 45 shares, requiring ₹14,985.
What are the IPO dates?
Opens 06 Mar 2017, closes 08 Mar 2017.
When is the listing date?
Tentative listing: 17 Mar 2017 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹333 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Music Broadcast Ltd. IPO · Expected 14 Mar 2017

Check on Registrar
Post-IPO Timeline
Allotment Date
14 Mar 2017
Refund Initiation
15 Mar 2017
Demat Credit
16 Mar 2017
Listing Date
17 Mar 2017
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹333
Face ₹10
Lot Size
45
shares / lot
Min Amount
₹14,985
1 lot
Est. Listing
₹333
GMP +₹0
Key Dates
Open
06 Mar Done
Close
08 Mar Done
Listing
17 Mar Done
Registrar
Kfin Technologies Ltd.
A
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