Thursday, March 9, 2017

Music Broadcast Ltd IPO finally subscribed 39.67 times

Music Broadcast Limited IPO subscribed 39.67 times on it's closing day. The IPO is closed today for subscription. IPO shares are proposed to be list on the BSE and NSE.

Issue Subscription Detail:

Qualified Institutional Buyers (QIBs): 39.78 times
Non Institutional Investors (NII): 109.13 times
Retail Individual Investors (RIIs): 9.85 times
Total: 39.67 times