Music Broadcast IPO (Radio City IPO) Allotment Status – MBL IPO Details & Review
The Shares are expected to be listed on Friday. You can check the allotment status for Music Broadcast IPO (Radio City IPO) at the link below:
https://kosmic.karvy.com:81/ipotrack/
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Update: 7th March (Day 2) - The IPO issue is over-subscribed 2.1 times
retail investors was subscribed 3.6 times,
high net-worth individuals’ category was subscribed 24%.
institutional investor category saw a subscription of 1 times,
Music Broadcast, the operator of FM channel Radio City has kicked off its Rs 500 crore IPO on Monday 6th March 2017.
Issue Details
IPO Open : 6th - 8th March
Issue Price band: Rs 324 - 333
Issue Size: approx Rs 488 crore
Market lot : 45
Max Shares for Retail - 585 at cutoff price
Listing - Expecte...