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Radio City owner fixes IPO price band at Rs 324-333

Radio City owner fixes IPO price band at Rs 324-333

Tuesday, February 28, 2017, 9:33 AM

Music Broadcast Ltd, which operates the Radio City FM station, is launching its initial public offering (IPO) on 6 March. The company has fixed a price band of Rs 324-333 per share for its initial share sale. Company is expected to raise Rs 400 crore by offering 26.59 lakh shares. The IPO opens on March 6 and closes on March 8.
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