SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Next Mediaworks arm raises funds for migration of licenses to Phase III

22 Sep 2015 Evaluate

Next Mediaworks subsidiary - Next Radio (NRL) has successfully completed the raising of funds for the purpose of migration of NRL’s existing licenses from Phase II to Phase III through a combination of debt from bank and private equity funding.

NRL has availed the private equity funding for an amount of Rs 25 crore from Rakesh Jhunjhunwala and the board of NRL has approved allotment of 25,000,000, 0.001% Cumulative Compulsorily Convertible Preference Shares of face value of Rs 10 each at par, to Rakesh Jhunjhunwala.

Next Mediaworks was incorporated with main object of printing and publishing of newspapers, magazines, books, journals etc.


Next Mediaworks Share Price

4.43 0.15 (3.50%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 212.55
Navneet Education 151.25
Jagran Prakashan 65.92
HT Media 22.91
Hindustan Media Vent 67.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×