Monday, April 22News That Matters

Day: 16 March 2017

Music Broadcast IPO (Radio City IPO) Allotment Status – MBL IPO Details & Review

Stocks
  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/   [xyz-ihs snippet="ad1"]   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...