Music Broadcast Ltd. share price target

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...

Radio City, a part of Music Broadcast Ltd. (MBL) is a subsidiary of Jagran Prakashan Ltd. It is the first and oldest private FM radio broadcaster in India with over 15 years of expertise. The issue is a combination of fresh issue (Rs. 4,000mn) and offer for sale (Rs. 861.4 885.3mn). Net proceeds from the issue will be...

Radio City, a part of Music Broadcast Ltd. (MBL) is a subsidiary of Jagran Prakashan Ltd. It is the first and oldest private FM radio broadcaster in India with over 15 years of expertise. The issue is a combination of fresh issue (Rs. 4,000mn) and offer for sale (Rs. 861.4 885.3mn). Net proceeds from the issue will be...

BSE & NSE their advertising potential, population density, per capita income and number of existing players. Post the migration of all MBL's Existing Radio Stations and acquisition of the New Key Investment Details for Retail Investors: Radio City Stations under Phase III, its markets would cover 62% of India's population Min No. of Shares application by...

Incorporated in 1999, Music Broadcast Limited is the first private FM radio broadcaster in India operates under the brand name Radio City. The company operates its radio stations in 29 cities in India as of November 25, 2016. It is present in 12 out of the top 15 cities in India by population. Music Broadcast Limited operates as a subsidiary of Jagran Prakashan Limited. In addition, Music Broadcast Limited operates 'Planet Radio City' mobile app that plays various stations, such as 'Radio City Freedom', 'Radio City...

Music Broadcast Ltd operates its radio stations under the brand "Radio City" and has grown its presence from four cities in 2001 to 37 cities as on February 15, 2017 Issue Open: March 06 - March 08 2017 Price Band: Rs. 324 - 333

Music Broadcast (MBL) is one of the first private FM radio broadcasters in India and operates under the brand Radio City. The company has 39 6-Mar-17 frequencies currently (37 operational) including eight stations acquired 8-Mar-17 from Radio Mantra and 11 acquired via Phase III auctions. The company 486-488 migrated all its Phase II licenses to the Phase III regime, which has a...

Music Broadcast Limited (MBL) owns and operates FM radio stations under the brand names Radio City and Radio Mantra. MBL has 39 radio stations and operates in 37 Indian cities. The company has a strong listenership base in cities like Mumbai, Delhi and Bangalore. Moreover it also has presence in the Internet Radio Space with PlanetRadioCi..