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Music Broadcast IPO
₹372.90
+11.98% on listing
Listing-day close · NSE · 17 Mar 2017 · issue price ₹333
Music Broadcast’s ₹489 crore IPO was priced at ₹333 a share. It listed on the NSE on 17 Mar 2017 and closed its first day at ₹372.90, up 11.98% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹489 Cr
- Fresh issue
- ₹400 Cr
- Offer for sale
- ₹88.53 Cr
- Lot size
- 45 shares
- Minimum investment
- ₹14,985
- Face value
- ₹10
- Registrar
- Kfin Technologies
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 28.11× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,900 Cr
- Promoter holding
- 96.34% → 71.38%
From the offer documents.
Listing
- Listing date
- 17 Mar 2017
- Issue price
- ₹333
- Open
- ₹413.00
- High
- ₹415.00
- Low
- ₹367.20
- Close
- ₹372.90
Listing day on the NSE. The close was +11.98% on the issue price.
RADIOCITY share price todayFAQs
When did the Music Broadcast IPO open and close?
It opened on 6 Mar 2017 and closed on 8 Mar 2017.
What was the Music Broadcast IPO price?
The price band was ₹324–333 a share. The final issue price was ₹333.
What is the lot size and minimum investment?
One lot is 45 shares, ₹14,985 at ₹333 a share. Retail investors apply in whole lots.
How much did Music Broadcast raise?
₹489 crore: ₹400 crore of new shares and ₹88.53 crore offered by existing shareholders.
How many times was the Music Broadcast IPO subscribed?
28.11 times overall.
How did Music Broadcast list?
It listed on the NSE on 17 Mar 2017 at ₹413.00 and closed the day at ₹372.90, up 11.98% on the ₹333 issue price.
Who is the registrar of the Music Broadcast IPO?
Kfin Technologies handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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