Adfactors PR to manage IPO for India’s largest read newspaper

Mumbai, December 1, 2005: Adfactors Public Relations has done it again. We have bagged another assignment from a leading media house, Jagran Prakashan Limited, to manage the communications process for their forthcoming Initial Public Offering of equity shares.

Incidentally, this is Sixth media IPO Public relations programme being handled by Adfactors Public Relations. Earlier, we have managed the IPO PR programmes for Television Eighteen India Limited, TV Today Network Limited, NDTV Limited, Deccan Chronicle Holdings Limited and HT Media Limited.

Jagran Prakashan Limited’s ‘Dainik Jagran’ is India's largest-selling Hindi language newspaper. The newspaper has an enviable track record of growth.

Irish publisher, Independent Newspaper & Media Plc, holds 24 per cent of Jagran Prakashan Limited, which it acquired earlier this year for Rs 1.5 billion..

The company has appointed DSP Merrill Lynch Ltd. and ICICI Securities Ltd. as the Book Running Lead managers to the public issue. Karvy Computershare Private Limited has been appointed as the Registrar to the Issue.