Music Broadcast Ltd IPO

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Initial public offer of 14,670,530 equity shares of face value Rs. 10 each (The Equity Shares) of Music Broadcast Limited (The Company or The Company or The Issuer) for cash at a price of Rs. 333 per equity share aggregating up to Rs. 488.53 crores (The Offer) consisting of a fresh issue of up to 12,012,012 equity shares at a price of Rs. 333 per equity share (including a share premium of Rs. 323 per equity share) by the company aggregating up to Rs. 400.00 crores (The Fresh Issue) and an offer for sale of upto 2,658,518 equity shares by the selling shareholders aggregating up to Rs. 88.53 crores (the offer for sale). The offer would constitute 25.71% of the post-offer paid-up equity share capital of the company. Offer price: Rs.333 per equity share of face value of Rs.10 each. The Offer Price is 33.30 times the face value.

Music Broadcast Ltd IPO Subscription Details


Music Broadcast Ltd

Issue Type

(Book Built Portion)

Open Date

06 Mar

Close Date

08 Mar

Offer Price


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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Music Broadcast Ltd IPO

Company Contact Information

Music Broadcast Ltd IPO
5th Floor RNA Corporate Park,
W E HighwayKalanagar Bandra(E),
Mumbai, Maharashtra 400051.

Phone: 91-22-66969100
Email: investor@myradiocity.com

Music Broadcast Ltd IPO Register

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Music Broadcast Ltd IPO Lead Manager(s)

  • ICICI Securities Ltd

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