Music Broadcast Limited owns and operates FM radio stations under the Radio City brand name. Its radio stations deliver film, non-film, devotional, regional, and international music, as well as radio jockey (RJ) hosted shows in Hindi, Tamil, Kannada, Malayalam, and Telugu languages. As of November 25, 2016, the company operated its radio stations in 29 cities in India. It also operates 31 Web radio stations that offer Internet radio with live RJ hosted shows through Planet Radio City in 6 languages with a listenership of 12.20 million. In addition, Music Broadcast Limited operates ‘Planet Radio City’ mobile app that plays various stations, such as ‘Radio City Freedom’, ‘Radio City Electronica’, ‘Radio City Metal’, and ‘Radio City Smaran’ in various languages on mobile and other smart devices. The company was incorporated in 1999 and is based in Mumbai, India. As of June 11, 2015, Music Broadcast Limited operates as a subsidiary of Jagran Prakashan Limited.
Incorporated in 1999, Music Broadcast Limited is the first private FM radio broadcaster in India operates under the brand name Radio City. The company operated its radio stations in 29 cities in India as of November 25, 2016. They are present in 12 out of the top 15 cities in India by population.
Music Broadcast Limited operates as a subsidiary of Jagran Prakashan Limited. Radio stations deliver film, non-film, devotional, regional, and international music, as well as radio jockey (RJ) hosted shows in Hindi, Tamil, Kannada, Malayalam, and Telugu languages. It also operates 31 Web radio stations that offer Internet radio with live RJ hosted shows through Planet Radio City in 6 languages with a listenership of 12.20 million. In addition, Music Broadcast Limited operates 'Planet Radio City' mobile app that plays various stations, such as 'Radio City Freedom', 'Radio City Electronica', 'Radio City Metal', and 'Radio City Smaran' in various languages on mobile and other smart devices.
Particulars | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | 31-Mar-13 | 31-Mar-12 |
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Total Assets (In ₹ Millions) | 4,852.88 | 3,977.26 | 1,699.64 | 1,707.77 | 1,808.30 |
Total Revenue (In ₹ Millions) | 2,455.06 | 2,075.06 | 1,572.71 | 1,405.06 | 1,248.04 |
Profit After Tax (PAT) (In ₹ Millions) | 425.07 | 470.59 | 243.25 | 116.19 | -21.70 |
Date & Time | QIB | NII | RII | Total |
---|---|---|---|---|
Day 1 - Mar 06,2017 | 0.00 | 0.03 | 1.00 | 0.51 |
Day 2 - Mar 07,2017 | 1.06 | 0.24 | 3.66 | 2.19 |
Day 3 - Mar 08,2017 | 39.78 | 109.13 | 9.85 | 39.67 |
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IPO Allotment StatusMusic Broadcast IPO IPO will open on 06/03 and close on 08/03.
Music Broadcast IPO IPO will list on 17-03.
The offer price of Music Broadcast IPO IPO is ₹324 - 333.
The lot size of Music Broadcast IPO IPO is 45.
The Grey Market Premium (GMP) price of Music Broadcast IPO IPO is ₹62-64.
The Kostak price of Music Broadcast IPO IPO is ₹400.
The Subject to Sauda price for Music Broadcast IPO IPO is Not Available at the moment.
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