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MediaMughals.com reporting from BES Expo 2012
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Hindustan Media Ventures expects to grab 300 crore via IPO

Hindustan Media Ventures expects to grab 300 crore via IPO

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Hindustan Media Ventures Ltd. on Friday filed a Draft Red Herring Prospectus with the SEBI with respect to its proposed initial public offering of Equity Shares of Rs. 10/- each for cash at a price including share premium, aggregating up to Rs. 3000 million. The announcement has been made by HT Media Ltd. the parent company in filing to BSE.

With this latest announcement, HMV Ltd. expects to gather an amount of nearly Rs. 300 Crore through this Initial Public Offer.

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