Hindustan Media Ventures Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 9,759,036 (60%) | — | ₹17,078 Cr |
| NII (HNI) | — | 1,626,506 (10%) | — | ₹2,846 Cr |
| Retail | — | 4,879,518 (30%) | — | ₹8,539 Cr |
| Σ Total | — | 16,265,060 (100%) | — | ₹284,639 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹7,000 |
| Retail (Max) | 13 | 520 | ₹91,000 |
| S-HNI (Min) | 14 | 560 | ₹98,000 |
| B-HNI (Min) | 67 | 2,680 | ₹469,000 |
Financial Statements Amount In Crore
| Metric | 31-Dec-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue | 52 | 18 | 17 |
| Profit After Tax | 4 | 0 | 0 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1. Setting up new publishing units; –
- 2. Upgrading existing plant and machinery; –
- 3. Prepayment of loans; and –
- 4. General corporate purposes. –
Company Overview
Hindustan Media Ventures Ltd is one of the leading print media companies in India in terms of Readership (Source: IRS, R2 2009). They publish and print 'Hindustan', the third largest daily newspaper in India in terms of Readership with a Readership of 9.3 million readers (Source: IRS, R2 2009). 'Hindustan' has the largest Readership in key Hindi- speaking markets of Bihar and Jharkhand, with a strong and growing presence in Delhi NCR and the states of Uttar Pradesh and Uttarakhand. They are one of the fastest growing Hindi daily newspapers in India with a growth in Readership of 9.2% in the period between July 2006 and June 2009 (Source: IRS, R2 2007 to R2 2009).
'Hindustan' is presently printed at 16 locations in the states/regions of Uttar Pradesh, Bihar, Jharkhand, Uttarakhand, Punjab and Delhi NCR with a total installed rated capacity approximately 0.78 million copies per hour. These printing facilities are located at Agra, Allahabad, Bareilly, Bhagalpur, Dehradun, Delhi NCR, Dhanbad, Jamshedpur, Kanpur, Lucknow, Meerut, Mohali, Muzaffarpur, Patna, Ranchi and Varanasi. 'Hindustan' is published in four editions and 113 sub-editions. Hindustan Media Ventures Ltd also publish two Hindi magazines, 'Nandan', a children's magazine, and 'Kadambini', a general interest magazine. They also operate the website, www.livehindustan.com, which focuses on providing news in Hindi with regional content. Further, they have also recently forayed into event management and customized event solutions.