BMB Music and Magnetics, initially established as Interra Exim Pvt Ltd in 1991, was restructured into a public limited company by K C Bokadia in 1995. The company is primarily involved in film production and music composition. Originally engaged in trading textiles until December 1994, BMB Music transitioned focus by acquiring music rights for films worth Rs 2 crore in March 1995. Following this strategic shift, the company issued equity shares to raise capital for its diversification into media and entertainment.
In December 1995, BMB Music launched a public issue of 2,618,000 equity shares at a premium, generating Rs 916.44 lakh to support its expansion. Notably, in the fiscal year 1998-99, the company completed a Bhojpuri film, highlighting its growing footprint in the media sector. This diversification into film and music positions BMB Music and Magnetics as a notable player in the entertainment industry.
