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Hindustan Media $58 million IPO to open on July 5

This article was posted on Jun 29, 2010 and is filed under IPO Views

Hindustan Media Ventures, a unit of newspaper publisher HT Media, will launch its 2.7 billion rupees ($58 million) initial public offering on July 5.

The price band for the issue, which closes on July 7, will be decided two days before the open, said the company in newspaper advertisements on Tuesday.

Edelweiss Capital and Kotak Mahindra Capital are book running lead managers for the issue.

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