Bookbuilding IPO | ₹270 Cr | Listed at BSE, NSE | Mon, Jul 5, 2010 - Wed, Jul 7, 2010
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 per share. The lot size for an application is 40. The minimum amount of investment required by an retail is ₹7,000 (40 shares) (based on upper price). 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 Open
Mon, Jul 5, 2010
IPO Close
Wed, Jul 7, 2010
Issue Price
₹166 per share
Market Cap (Pre-IPO)
₹1,218.34 Cr
| IPO Date | 5 to 7 Jul, 2010 |
| Listed on | Wed, Jul 21, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹162 to ₹175 |
| Issue Price | ₹166 per share |
| Lot Size | 40 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,62,65,060 shares (agg. up to ₹270 Cr) |
| Fresh Issue | 1,62,65,060 shares (agg. up to ₹270 Cr) |
| Share Holding Pre Issue | 5,71,28,710 shares |
| Share Holding Post Issue | 7,33,93,770 shares |
| BSE Script Code / NSE Symbol | 533217 / HMVL |
| ISIN | INE871K01015 |
Hindustan Media Ventures IPO comprises a total issue size of 1,62,65,060 shares. Out of which, 97,59,036 (60.00%) are allocated to QIB, 16,26,506 (10.00%) allocated to NII 48,79,518 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max 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% |
Investors can bid for a minimum of 40 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up new publishing units | 66.00 |
| 2 | Upgrading existing plant and machinery | 55.00 |
| 3 | Prepayment of loans | 135.00 |
| KPI | |
|---|---|
| RoNW | 19.12% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.85% | 77.72% |
| Market Cap | ₹1,218.34 Cr. |
The Hindustan Media IPO is subscribed 5.43 times on July 7, 2010 5:00:00 PM (Day 3). The public issue subscribed 1 times in the retail category, 8.98 times in the QIB category, and 3.39 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 8.98 | 71,81,737 | |
| NII | 3.39 | 16,59,809 | |
| Retail | 1 | 49,79,429 | |
| Total | 5.43 | 1,38,20,975 |
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.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees of the BookRunning Lead Managers, underwriting and selling commission (including commission to SCSBs for ASBA Applications) | 8.11 |
| 2 | Fees to Registrar to the Issue | 0.01 |
| 3 | Fees to the legal advisors | 1.12 |
| 4 | Fees to the Bankers to the Issue | |
| 5 | Other expenses (Printing and stationary, distribution and postage, advertisement and marketing expense,etc.) | 6.19 |
| 6 | IPO Grading expenses | 0.06 |
| 7 | Others –SEBI filing fees, bidding software,listing fees, etc. | 0.67 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹166.00 | ₹166.00 |
| Open | ₹170.00 | ₹177.95 |
| Low | ₹170.00 | ₹174.15 |
| High | ₹191.90 | ₹191.85 |
| Last Trade | ₹189.20 | ₹188.95 |
Lead Manager Reports
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 Crores. The issue is priced at ₹166 per share. The minimum order quantity is 40.
The IPO opens on Mon, Jul 5, 2010, and closes on Wed, Jul 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 Mon, Jul 5, 2010 and closes on Wed, Jul 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 Wed, Jul 21, 2010.
