Hindustan Media Ventures Ltd - IPO

Hindustan Media Ventures Ltd IPO Details

Public Issue of 16,265,060 equity shares of Rs. 10 each (The Equity Shares) for cash at a price of Rs. 166 per equity share including a premium of Rs. 156 per equity share of Hindustan Media Ventures Limited (The Company or The Issuer) aggregating Rs. 270.00 crores (The Issue) at the issue price. The Issue shall constitute 22.16% of the post-issue share capital of the company.Issue price : Rs. 166 per equity shareThe Face value of the equity shares is Rs. 10 each and the issue price is 16.6 times the face value

Objective of issue

Setting up new publishing units. Upgrading existing plant and machinery. Prepayment of loans.

Hindustan Media Ventures Ltd Contact Details

Hindustan Media Ventures Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - investor@hindustantimes.com

Website - www.hmvl.in