Hindustan Media Ventures IPO today open

ht media ipo processHMV (Hindustan Media Ventures) public issue has open today for subscription, it is a a subsidiary of newspaper publisher HT Media, The price band of the issue is Rs.162 (lower level) to Rs.175 (higher level).
Hem Securities has recommended that investor with high risk appetite can go for the issue, On valuation front, the Hindustan Media Ventures is bringing the issue at P/E multiple of more than 25.-

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