You are here: Home » News-CM » Companies » News
Business Standard

Jagran Prakashan's subsidiary Music Broadcast files DRHP with SEBI

Capital Market 

On 28 November 2016

announced that the Company's subsidiary, Music Broadcast (MBL) has filed its draft red herring prospectus with the Securities and Exchange Board of India on 28 November 2016 in order to undertake an initial public offering (the "IPO"). The IPO will comprise of a fresh issue aggregating upto Rs. 400 crore and an offer for sale of upto 2,658,518 equity shares by certain existing shareholders of MBL. JPL is not selling any of its shareholding in MBL under the offer for sale portion.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Jagran Prakashan's subsidiary Music Broadcast files DRHP with SEBI

On 28 November 2016

On 28 November 2016

announced that the Company's subsidiary, Music Broadcast (MBL) has filed its draft red herring prospectus with the Securities and Exchange Board of India on 28 November 2016 in order to undertake an initial public offering (the "IPO"). The IPO will comprise of a fresh issue aggregating upto Rs. 400 crore and an offer for sale of upto 2,658,518 equity shares by certain existing shareholders of MBL. JPL is not selling any of its shareholding in MBL under the offer for sale portion.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Jagran Prakashan's subsidiary Music Broadcast files DRHP with SEBI

On 28 November 2016

announced that the Company's subsidiary, Music Broadcast (MBL) has filed its draft red herring prospectus with the Securities and Exchange Board of India on 28 November 2016 in order to undertake an initial public offering (the "IPO"). The IPO will comprise of a fresh issue aggregating upto Rs. 400 crore and an offer for sale of upto 2,658,518 equity shares by certain existing shareholders of MBL. JPL is not selling any of its shareholding in MBL under the offer for sale portion.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22