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Hindustan Media Ventures IPO is a book build issue of ₹270.00 crores. The issue is entirely a fresh issue of 1.63 crore shares of ₹270.00 crore.
Hindustan Media Ventures IPO bidding started from Jul 5, 2010 and ended on Jul 7, 2010. The shares got listed on BSE, NSE on Jul 21, 2010.
Hindustan Media Ventures IPO price band is set at ₹166.00 per share . The lot size for an application is 40. The minimum amount of investment required by an retail is ₹6,480 (40 shares). The lot size investment for sNII is 31 lots (1,240 shares), amounting to ₹2,05,840, and for bNII, it is 151 lots (6,040 shares), amounting to ₹10,02,640.
Edelweiss Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Hindustan Media Ventures IPO RHP for detailed Information.
| IPO Date | July 5, 2010 to July 7, 2010 |
| Listing Date | July 21, 2010 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹162 to ₹175 per share |
| Issue Price Final | ₹166 per share |
| Lot Size | 40 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,62,65,060 shares (aggregating up to ₹270.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 5,71,28,710 shares |
| Share Holding Post Issue | 7,33,93,770 shares |
Hindustan Media IPO offers total 1,62,65,060 shares. Out of which 97,59,036 (60.00%) allocated to QIB, 69,81,916 (42.93%) allocated to QIB, 16,26,506 (10.00%) allocated to NII, 48,79,518 (30.00%) allocated to RII and 27,77,120 (17.07%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 97,59,036 (60.00%) | NA |
| − Anchor Investor Shares Offered | 27,77,120 (17.07%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 69,81,916 (42.93%) | NA |
| NII (HNI) Shares Offered | 16,26,506 (10.00%) | NA |
| Retail Shares Offered | 48,79,518 (30.00%) | 1,21,987 |
| Total Shares Offered | 1,62,65,060 (100.00%) |
Hindustan Media Ventures IPO opens on July 5, 2010, and closes on July 7, 2010.
| IPO Open Date | Mon, Jul 5, 2010 |
| IPO Close Date | Wed, Jul 7, 2010 |
| Tentative Listing Date | Wed, Jul 21, 2010 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jul 7, 2010 |
Investors can bid for a minimum of 40 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹6,640 |
| Retail (Max) | 30 | 1,200 | ₹1,99,200 |
| S-HNI (Min) | 31 | 1,240 | ₹2,05,840 |
| S-HNI (Max) | 150 | 6,000 | ₹9,96,000 |
| B-HNI (Min) | 151 | 6,040 | ₹10,02,640 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| Particulars | For the year/period ended (Rs. in Millions) | |||||
| 31-Dec-09 | 31-Mar-09 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | |
| Total Income | 521.45 | 177.33 | 168.59 | 159.85 | 154.66 | 143.41 |
| Profit After Tax (PAT) | 35.68 | 1.96 | 2.83 | 3.51 | (1.12) | 7.11 |
| KPI | Values |
|---|---|
| RoNW | 19.12% |
The object of the issue are:
1. Setting up new publishing units;
2. Upgrading existing plant and machinery;
3. Prepayment of loans; and
4. General corporate purposes.
CRISIL has assigned an IPO Grade 4 to Hindustan Media Ventures Ltd IPO. This means as per CRISIL company has 'Above Average Fundamentals'. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.Click here to download the CRISIL IPO Grading Document for Hindustan Media Ventures Ltd.
Hindustan Media Ventures IPO, Hindustan Media IPO, Hindustan Media Ventures Bidding, Hindustan Media IPO Allotment Status, Hindustan Media Ventures drhp and HMVL listing.
| Listing Date | July 21, 2010 |
| BSE Script Code | 533217 |
| NSE Symbol | HMVL |
| ISIN | INE871K01015 |
| Final Issue Price | ₹166 per share |
| BSE Listing Group | B |
Hindustan Media Ventures Ltd.
Budh Marg,
Patna 800 001, Bihar, India
Patna, Bihar
Phone: + 91 612 2223434
Email: hmvlipo@hindustantimes.com
Website: http://www.hmvl.in
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Hindustan Media Ventures IPO is a main-board IPO of 1,62,65,060 equity shares of the face value of ₹10 aggregating up to ₹270.00 Crores. The issue is priced at ₹166 per share. The minimum order quantity is 40.
The IPO opens on July 5, 2010, and closes on July 7, 2010.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Hindustan Media Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in Hindustan Media Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Hindustan Media Ventures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Hindustan Media Ventures IPO opens on July 5, 2010 and closes on July 7, 2010.
Hindustan Media Ventures IPO lot size is 40, and the minimum amount required for application is ₹6,640.
You can apply in Hindustan Media Ventures IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Hindustan Media Ventures IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Hindustan Media Ventures IPO allotment status.
The Hindustan Media Ventures IPO listing date is on Wednesday, July 21, 2010.
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