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Hindustan Media IPO oversubscribed over 3.1 times

Posted on: July 7th 2010 in Press Releases.

The Rs 270-crore public offering of media house Hindustan Media Ventures Ltd (HMVL) saw heavy participation from investors on the final day of issue today and got oversubscribed 3.16 times, hours before its closing. The initial public offer (IPO) of HMVL got total bids for over 4.36 cror…

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Hindustan Media fixes IPO price band at Rs 162-175

Posted on: July 4th 2010 in Press Releases.

New Delhi: Hindustan Media Ventures Ltd, publisher of Hindi daily Hindustan, has fixed the price band of its initial public offer (IPO) at Rs 162-175 a share. The IPO, through which the media house plans to raise up to Rs 270 crore, will open on July 5 and close on July 7. The company i…

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