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This is an archive article published on July 1, 2010

Hindustan IPO price band at Rs 162-175

HMVL,a unit of newspaper publisher HT Media,plans to raise Rs 2.7 billion through the IPO.

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Hindustan Media Ventures Ltd has set a price band of Rs 162-175 a share for its initial public offerring IPO issue that opens for subscriptions on July 5,it said a newspaper advertisement.

Hindustan Media Ventures,a unit of newspaper publisher HT Media,plans to raise Rs 2.7 billion through the IPO.

Edelweiss Capital and Kotak Mahindra Capital are book running lead managers for the issue.

 

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