HT Media lists at Rs 685

The scrip of K K Birla controlled HT Media Ltd on Wednesday opened at Rs 685 per share at a premium to the issue price of Rs 530 at listing on the Bombay Stock Exchange Ltd.

The stock, which hit a high of Rs 731 per share and a low of Rs 621 per share in early morning deals, is currently trading at Rs 638 per share.

The 100 per cent book-built issue, which opened for bidding on August four, 2005 and closed on August 10 had a price band of Rs 445-530 per share and was subscribed 20.86 times.

Kotak Mahindra Capital was the lead manager to the issue.