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Balaji apart, book built media IPOs continue stumbling run

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Sporadic spurts apart, media firms’ IPOs made through the book building route between 1999-00 and 2001-2002 have not exactly set the stock exchange ablaze.

Of the seven media IPOs that made their appearance in the period, only one issue – that of Balaji Telefilms is being currently traded above its issue price. Balaji Telefilms tops the list of three gainers among the total of 19 IPOs that came out during the period, registering an appreciation of 269.23 per cent since listing date 22 November, 2000. The stock is being currently traded at Rs 480 compared with the issue price of Rs 130.

For the others, its been an uphill task all the way, with the television and media industries in a churn for over the last one year. Cinevista Communications is currently traded at a 84.08 per cent discount, while Pritish Nandy Communications is being traded at a 77.68 per cent discount. Together, the aggregate loss in terms of investor value has been nearly 30 per cent of total resource mobilisation, say analysts.

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How they fare

Company
Issue
price (Rs)
Current close(Rs)
% change
Cinevista Communications
300
47.75
-84.08
Pritish Nandy Communications
155
34.60
-77.68
Mid day Multimedia
70
26.65
-61.93
Tips Industries
325
141.25
-56.54
Mukta Arts
165
85.50
-48.18
Creative Eye
50
28.25
-43.50
Balaji Telefilms
130
480.00
269.23

Source: Business Standard

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News Broadcasting

Kamlesh Singh receives Haldi Ghati Award from MMCF

India Today Group editor honoured for three decades of journalism at Udaipur ceremony.

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MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.

The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”

Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.

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The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.

Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.

In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.

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