Radio City – Music Broadcast IPO to list on BSE & NSE on 17-March-2017. As BJP won in UP and Uttarakhand it will help market to reach new highs. Radio City IPO listing will be another good one. The grey market premium is around 30% of the IPO price so it will list around Rs.425-440. The market will help Radio City to get more on the listing day. Music Broadcast got good subscription figures and the good listing on the cards. Happy Investing.
Music Broadcast IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:
BSE Code: 540366
NSE Code: RADIOCITY
Group: B
ISIN: INE919I01016
Offer Price: Rs. 333
Face Value: Rs.10
Listing Date: 17-March-2017, Friday
Music Broadcast IPO Listing Price:
| Details | BSE Listing | NSE Listing |
| Listing Price | 420.00 | 413.00 |
| High Price | 420.00 | 415.00 |
| Low Price | 368.00 | 367.20 |
| Close Price | 372.00 | 372.00 |
Music Broadcast IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | Total |
| Day 1 | 0.00 | 0.03 | 0.98 | 0.50 |
| Day 2 | 1.06 | 0.24 | 3.66 | 2.19 |
| Day 3 | 39.78 | 109.14 | 9.85 | 39.67 |
Music Broadcast IPO Dates & Price Band:
IPO Open: 6 March 2017
IPO Close: 8 March 2017
IPO Size: Approx Rs. 400 Crores
Face Value: Rs. 10 Per Equity Share
Price Band: Rs. 324 to 333 Per Share
Listing on: BSE & NSE
Music Broadcast IPO Market Lot:
Shares: Apply for 45 Shares (Minimum Lot Size)
Amount: Rs. 14985
Music Broadcast IPO Allotment & Listing:
Basis of Allotment: 14 March 2017
Refunds: 15 March 2017
Credit to demat accounts: 16 March 2017
Listing: 17 March 2017
