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Music Broadcast Ltd  raises Rs 146 Crore from anchor investors

Music Broadcast Ltd raises Rs 146 Crore from anchor investors

Saturday, March 4, 2017, 12:44 PM

Operators of Radio City FM Music Broadcast Ltd, raised over Rs 146 crore by allotting shares to anchor investors ahead of its IPO. The company has allotted 44,01,158 shares at Rs 333 per scrip to 15 anchor investors for a sum of Rs 146.56 crore . Initial share sale plan will open for public subscription on March 6 and close on March 8.
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