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Hindustan Media

Hindustan Media Ventures made a smart closing on its debut date and finished at Rs 189.20, a premium of 13.98% or 23.20 points as against its issue price of Rs 166, on BSE. The shares of the company opened at Rs 170 and touched a high and a low of Rs 191.90 and Rs 170, [...]

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Credit raring agency, CRISIL Equities has assigned a CRISIL IPO grade of `4/5` to the proposed initial public offer (IPO) of Hindustan Media Ventures (HMVL). This grade indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India. However, this grade is not an opinion on whether the [...]

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Hindustan Media Ventures to raise Rs300 cr in IPO

IPO

The company has already filed its draft red herring prospectus and is awaiting clearance from the Securities and Exchange Board of India (Sebi) Hindustan Media Ventures Ltd (HMVL), publisher of Hindi daily ‘Hindustan’, will raise Rs300 crore through an initial pubic offering (IPO) to fund its expansion plan. HMVL is a subsidiary of HT Media [...]

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