• IPO Dashboard
• IPO List

Hindustan Media Ventures Ltd IPO

IPO Detail Basis of Allotment Allotment Status IPO News

Jul 05, 2010 - Jul 07, 2010

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 Hindi magazines, 'Nandan', a children's magazine, and 'Kadambini', a general interest magazine. They also operate the website, www.livehindustan.com, which focuses on providing news in Hindi with regional content. Further, they have also recently forayed into event management and customized event solutions.

Company Promoters:

Hindustan Media Ventures Ltd is promoted by HT Media Ltd, a public limited company, is primarily engaged in the business of printing and publication of newspapers and periodicals which includes 'Hindustan Times' and 'Mint' and hosting websites including 'www.hindustantimes.com' and 'www.livemint.com'.

Company Financials:

Particulars	For the year/period ended (Rs. in Millions)
	31-Dec-09	31-Mar-09	31-Mar-08	31-Mar-07	31-Mar-06	31-Mar-05
Total Income	521.45	177.33	168.59	159.85	154.66	143.41
Profit After Tax (PAT)	35.68	1.96	2.83	3.51	(1.12)	7.11

Objects of the Issue:

The object of the issue are:

1. Setting up new publishing units;
2. Upgrading existing plant and machinery;
3. Prepayment of loans; and
4. General corporate purposes.

Issue Detail:

  »»  Issue Open: Jul 05, 2010 - Jul 07, 2010
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 16,265,060 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 270.00 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 162 - Rs. 175 Per Equity Share
  »»  Market Lot: 40 Shares
  »»  Minimum Order Quantity: 40 Shares
  »»  Listing At: BSE, NSE

Hindustan Media Ventures Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 4 to Hindustan Media Ventures Ltd IPO. This means as per CRISIL company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CRISIL IPO Grading Document for Hindustan Media Ventures Ltd.

Check IPO Ratings from other stock analysts.

Hindustan Media Ventures IPO Tags:

Hindustan Media Ventures IPO, Hindustan Media IPO, Hindustan Media Ventures Bidding, Hindustan Media IPO Allotment Status, Hindustan Media Ventures drhp and HMVL listing.

Bidding Status (IPO subscription detail):

	Number of Times Issue is Subscribed (BSE + NSE)
As on Date & Time	Qualified Institutional Buyers (QIBs)	Non Institutional Investors	Retail Individual Investors (RIIs)	Total
Shares Offered / Reserved	7,181,737	1,659,809	4,979,429	13,820,975
Day 1 - Jul 05, 2010 17:00 IST	0.0000	0.0000	0.0100	0.0000
Day 2 - Jul 06, 2010 17:00 IST	0.0000	0.0000	0.0400	0.0100
Day 3 - Jul 07, 2010 17:00 IST	8.9800	3.3900	1.0000	5.4300