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Hindustan Media IPO issue price Rs 166/share

This article was posted on Jul 15, 2010 and is filed under IPO Views

Hindustan Media Ventures Ltd, a unit of HT Media, has fixed the issue price of Rs 166 a share for its Rs 269 crore initial public offerring (IPO), it said in a newspaper advertisement.Subscriptions to the 16.26-million-share offer closed on July 7, it added.

The publisher of the third biggest Hindi daily in India had received 73.8 million bids, mostly towards the lower end of the price band, and the offering was subscribed 5.34 times.

Tags: Hindustan Media IPO, Hindustan Media listing data, Hindustan Media nse bse expert views, listing date for HTMV, listing date of HT media, nse bse listing date of Hindustan Media IPO

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