You are here: Home » Reuters » News
Business Standard

Music Broadcast shares rise on debut after $75 million IPO

Reuters  |  MUMBAI 

(Reuters) - of Ltd rose as much as 24.6 percent in their trading debut on Friday, after the radio station operator's initial public offering of raised $75 million.

were at 397.55 rupees by 0431 GMT on the National Stock Exchange, having risen to as high as 415 rupees, compared with their issue price of 333 rupees.

(Reporting by Swati Bhat and Sankalp Phartiyal; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Music Broadcast shares rise on debut after $75 million IPO

MUMBAI (Reuters) - Shares of Music Broadcast Ltd rose as much as 24.6 percent in their trading debut on Friday, after the radio station operator's initial public offering of shares raised $75 million.

(Reuters) - of Ltd rose as much as 24.6 percent in their trading debut on Friday, after the radio station operator's initial public offering of raised $75 million.

were at 397.55 rupees by 0431 GMT on the National Stock Exchange, having risen to as high as 415 rupees, compared with their issue price of 333 rupees.

(Reporting by Swati Bhat and Sankalp Phartiyal; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Music Broadcast shares rise on debut after $75 million IPO

(Reuters) - of Ltd rose as much as 24.6 percent in their trading debut on Friday, after the radio station operator's initial public offering of raised $75 million.

were at 397.55 rupees by 0431 GMT on the National Stock Exchange, having risen to as high as 415 rupees, compared with their issue price of 333 rupees.

(Reporting by Swati Bhat and Sankalp Phartiyal; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22