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Deccan Chronicle IPO oversubscribed 1.82 times on Day 1
MUMBAI: The initial public offer (IPO) of Deccan Chronicle Holdings Limited, publishers of the English broadsheet newspaper Deccan Chronicle, opened today to a positive response from the capital markets. The 8.01 million shares on offer were oversubscribed more than 1.82 times by the end of the first day.
The public issue offer for ownership of India’s first listed broadsheet newspaper is slated to close on 2 December. The final share allocation and pricing will be determined through the book-building route, the company has determined the price band as being between Rs 162 and Rs 194. At this price, the IPO is expected to yield between Rs 1.3 billion and Rs 1.55 billion.
Deccan Chronicle Holdings Limited has appointed ICICI Securities Limited as the lead managers to the issue. The issue constitutes approximately 20 per cent of the fully diluted post offer paid-up capital assuming that the green shoe option is not exercised, and approximately 22 per cent assuming that the green shoe option is exercised in full.
Deccan Chronicle is the largest circulated and read English newspaper in Andhra Pradesh. The capital raised by the IPO will be used for financing new printing facilities, and for venturing into new territories and future strategic initiatives & acquisitions. The company has announced that it will be launching Deccan Chronicle in Tamil Nadu shortly.
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Kamlesh Singh receives Haldi Ghati Award from MMCF
India Today Group editor honoured for three decades of journalism at Udaipur ceremony.
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.
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.
