@eagelye,@septa @gamble do u suggest to invest in MBL IPO ..i m having funds for d mart as well no issue of funds..but if there are listing gains possible in MBL as well i dont want to miss the opportunity,,,please let me know ..thanks u r valuable comments ..
43.1. Septa| Link| Bookmark|
February 28, 2017 10:39:45 AM
(4000+ Posts, 4600+ Likes)
I HAVE ALREADY DISCLOSED MY POSITION PLS SCROLL DONE AND READ THE INFO
Please find attached the Product Note on Music Broadcast Limited.
Company Music Broadcast Limited Profile Radio City is the first private FM radio broadcaster in India. The Company operates radio stations under the brand “Radio Cityâ€. It has grown its presence from four cities in 2001 to 37 cities as on February 15, 2017. These radio stations include the eight “Radio Mantra Stations†transferred from SPML pursuant to the Scheme of Arrangement and nine out of eleven New Radio City Stations. Offer Period Opens On : Monday, March 06, 2017 Closes On : Wednesday, March 08, 2017
Price Band Rs. 324/- to Rs. 333/- Bid Lot 45 Equity Share and in multiples thereafter Issue Size Rs. 488.52 Crs at Upper Band Rs. 486.13 Crs at Lower Band
QIB 50% of the Issue NIB 15% of the Issue Retail 35% of the Issue
Mode of Payment ASBA Mandatory (No Cheques will be accepted) Registrar Link Intime India Private Limited.
An indicative timetable in respect of the Issue is set out below: Finalization of Basis of Allotment with the Designated Stock Exchange On or about March 14, 2017 Initiation of refunds/un-blocking of ASBA Accounts On or about March 15, 2017 Credit of Equity Shares to demat accounts of Allottees On or about March 16, 2017 Commencement of trading of the Equity Shares on the Stock Exchanges On or about March 17, 2017