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Music Broadcast IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 488.53 Cr. The company is based in Mumbai and caters to Advertising And Media sector. ICICI Securities is the merchant banker of Music Broadcast IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th November 2016.
Music Broadcast IPO open date is 6th March 2017 and close date is 8th March 2017. IPO Allotment Date is 14th March 2017 and Listing date is 17th March 2017.
IPO
Size:
₹ 488.53 Cr.
Avg IPO Size (Sector Based)
: ₹
291.36 cr.
Sector: Advertising And Media
IPO so far:
10
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
166
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹
276.42
cr. 
PE
Ratio:
31.00x
Average Sector PE Ratio: 26.56x
Music Broadcast IPO size is ₹ 488.53 Cr. with IPO price of ₹ 333.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
ICICI Securities Limited is the book-running lead manager of the Music Broadcast IPO. Kfin Technologies Limited is the Registrar for Music Broadcast IPO.
Music Broadcast IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Music Broadcast IPO, based in Mumbai, operates in the Advertising And Media sector with a focus on Radio City. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Music Broadcast IPO size is ₹ 488.53 Cr. with fresh issue size of ₹ 489 and Offer for sale being ₹ Nil
The IPO allotment date for Music Broadcast IPO is expected to be 14th March 2017, after the finalization of basis of allotment. Investors can check Music Broadcast IPO allotment status on the registrars website, Kfin Technologies Limited . Music Broadcast IPO refund dates are 15th March 2017.
Music Broadcast IPO is expected to be listed on 17th March 2017.
The upper price band for the Music Broadcast IPO is set at ₹ 333.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Music Broadcast IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Music Broadcast IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th March 2017. After submission, funds are blocked until the basis of allotment of Music Broadcast IPO is finalised.
The merchant banker for Music Broadcast IPO is ICICI Securities Limited . ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Music Broadcast IPO RHP for further details.
The registrar for Music Broadcast IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Music Broadcast IPO through their official website or helpline.
Music Broadcast IPO was subscribed 39.67 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 488.53 Cr.
Avg IPO Size (Sector Based)
:
₹ 291.36 Cr.
Sector: Advertising And Media
IPO so far:
10
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
166
City:
Mumbai
IPO so far:
189
Revenue (annualised):
₹ 273.78 cr.
PE
Ratio:
31.00x
Average Sector PE Ratio: 26.56x
Music Broadcast IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Music Broadcast Financial Review Page
Merchant Banker(s) of Music Broadcast IPO: ICICI Securities Limited
Music Broadcast IPO subscription was 39.67 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Music Broadcast IPO listed at a listing price of 373.15 against the offer price of 333.00.
The current market price of Music Broadcast is 114.00.
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