Name: Latest research reports of Music Broadcast Ltd. authored by Aditya Birla Money Limited and published by - Trendlyne research reports.
Item: Music Broadcast Ltd.
Rating: 3
Author: Aditya Birla Money Limited

IPO Note - Music Broadcast Ltd 030317

IPO Note: Music Broadcast Ltd.

Aditya Birla Money Limited

Music Broadcast Ltd. (MBL) is an oldest private FM radio broadcaster in India. It operates under brand Radio city in 37 cities with 2 more in pipeline. It has a listenership base of ~5 crore in 23 cities for which record is available. Radio City 91.1FM holds number one position in most of the markets where it operates. Its revenue, operating profit and profit has grown at a CAGR of 19%, 32% and 54% respectively over FY13-16. MBL is coming out with a public offering worth Rs 488.5...