Music Broadcast Limited, the owners of the radio station Radio City completed allocation to anchor investors. The company is tapping the capital markets with its fresh issue for Rs 400 crs and an offer for sale of 26.58 lakh shares in a price band of Rs 324-333. The company allotted 44.01 lakh shares at Rs 333 to 15 Anchor investors comprising of 19 entities.
The issue opens on Monday the 6th of March and closes on Wednesday the 8th of March. The full list of anchor investors and their allotment is given below: –