Hindustan Media Ventures ipo-initial public offering

Hindustan Media Ventures Leading print media company ‘Hindustan Media Ventures Ltd’ announced its initial public offering (IPO) open Jul-05.and would remain open for subscription till Jul-07-2010. The company raise nearly Rs 300 crore-through the IPO issue. The price band of the issue is Rs.162 (lower level) to Rs.175 (higher level).

Hindustan Media Ventures (Readership of around 90 lacks readers Source: IRS, R2 2009) is one of the leading print media company in India. They publish ‘Hindustan’, the third largest daily newspaper in India. Hindustan are one of the fastest growing Hindi newspapers(Bihar , Jharkhand, Uttar Pradesh and Uttarakhand) in India.
Upgrading existing plant and machinery; Setting up new publishing units are the main object of the company.

Face Value; Rs.10
Tick Size; Re.1
Minimum Order Qty 40
Market Lot 40.
Issue Type is Book Building.

IPO Grade

CRISIL has assigned IPO Grade 4 to the initial public offer of Hindustan Media VenturesLtd, this indicating company ‘ Above Average Fundamentals’

capital market provide IPO rate  47 ( low-1, high-100).

Angel Broking recommend for  Subscribe. Hem Securities – Invest with high risk.

Our view

This stock fundamentaly strong and past three years(between 2007 and 2010) the company revenues had grown almost 26% Compound Annual Growth Rate (CAGR) so it is a best stock for long term investmend by vm.venkatesh

Conduct details

Address: Budh Marg, Patna 800001, Bihar

Phone number; 91-612- 2223434 Fax detail;. 91-612-2221545

Email address; hmvlipo@hindustantimes.com

Website Url http://www.hmvl.in

Edelweiss Capital Ltd., Kotak Mahindra Capital Company Ltd. are the Book Running Lead Managers for Hindustan Media Venture IPOs.

Indian investment advice & IPO allotment news by venkatesh

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

Why does Securities Market require Regulators?

Why does Securities Market require Regulators? The lack of conditions of best competitors in the securities market creates the position of the Regulator very important. The regulator makes sure that the ...…

Online Stock Trading Guide

Online Stock Trading Guide Online stock trading is becoming very popular in the current time when you only requirea trading account and following that you could buy and sell ...…

Four Jumbo Rules of Stock Market Investing

Four Jumbo Rules of Stock Market Investing Choose the right company I have seen most people these days are looking for long term investments in Real Estate stocks like Unitech, DLF just because ...…


Average A share market average is known as a mathematical method of reporting the composite difference in prices of the shares that the average includes. Each and ...…

Company Fixed Deposits

Company Fixed Deposits Company Fixed Deposits are shortterm (6 months) to mediumterm (3 to 5 yrs) borrowing by firms at a fixed interest rate that is payable monthly, ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV