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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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