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Hindustan Media Ventures IPO IPO

Mainline5 Jul 20107 Jul 2010
Open
5 Jul 2010
Close
7 Jul 2010
3
Allotment
Listing
Wed, Jul 21, 2010
Price Band
₹162 to ₹175
Issue Size
1,62,65,060 shares (agg. up to ₹270 Cr)
Lot Size
40 Shares
Listing Date
Wed, Jul 21, 2010
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total4.76x

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
D B Corp Ltd.Mainboard₹384.22 Cr₹212null₹265.90+25.42%₹213.49 (+1.54%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Setting up new publishing units66.00
2Upgrading existing plant and machinery55.00
3Prepayment of loans135.00

About Hindustan Media Ventures IPO

Hindustan Media Ventures Ltd is one of the leading print media companies in India in terms of Readership (Source: IRS, R2 2009). They publish and print 'Hindustan', the third largest daily newspaper in India in terms of Readership with a Readership of 9.3 million readers (Source: IRS, R2 2009). 'Hindustan' has the largest Readership in key Hindi- speaking markets of Bihar and Jharkhand, with a strong and growing presence in Delhi NCR and the states of Uttar Pradesh and Uttarakhand. They are one of the fastest growing Hindi daily newspapers in India with a growth in Readership of 9.2% in the period between July 2006 and June 2009 (Source: IRS, R2 2007 to R2 2009).'Hindustan' is presently printed at 16 locations in the states/regions of Uttar Pradesh, Bihar, Jharkhand, Uttarakhand, Punjab and Delhi NCR with a total installed rated capacity approximately 0.78 million copies per hour. These printing facilities are located at Agra, Allahabad, Bareilly, Bhagalpur, Dehradun, Delhi NCR, Dhanbad, Jamshedpur, Kanpur, Lucknow, Meerut, Mohali, Muzaffarpur, Patna, Ranchi and Varanasi. 'Hindustan' is published in four editions and 113 sub-editions. Hindustan Media Ventures Ltd also publish two H

Contact Details

Hindustan Media Ventures Ltd. AddressBudh MargPatna, Bihar, 800001+ 91 612 2223434hmvlipo@hindustantimes.comVisit Website