The equity shares of Music Broadcast Limited (which runs Radio City FM) will be listed and admitted to the dealings on the exchange w.e.f. tomorrow as per details given below:

Scrip Name: Music Broadcast Limited
Listing Date: Friday, 17 March 2017
Listing Group: 'B’ Group 
BSE Script Code: 540366
NSE Symbol: RADIOCITY
ISIN NO:  INE919I01016

Music Broadcast IPO (Radio City IPO) Allotment status is declared and can be checked from link given below

Click here to check your status now

Music Broadcast IPO Allotment Ratio for Retail Investors category is likely to be around 47:361

This means that roughly 47 applicants would get allotment of minimum bid lot shares out of every 361 applicants

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Music Broadcast IPO Allotment Status is declared and can be checked on following website:

Click link below to check Music Broadcast IPO Allotment Status

http://kosmic.karvy.com:81/ipotrack/

Radio City IPO Subscription Status - Day 3 at 5:30PM

QIB: 40.38x (*Excluding Anchor)
NII: 111.61x
RII: 9.26x
Total: 40.08x

Applications: 8,30,000 Approx

QIB: 0.00 times
Non Institutional Investors: 0.03 times
Retail: 1.00 times
Overall: 0.51 times

The IPO price band for Music Broadcast IPO is decided at Rs. 324 to Rs. 333 per equity share. Correspondingly the bid lot would be 45 equity shares and in multiples thereof

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

The object of the issue are to:

1. Redemption of Listed NCDs; 
2. Early redemption of the JPL NCDs and repayment / pre-payment of JPL ICDs;and
3. General corporate purposes