Business Standard

HOV Services Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

81.00 cr

Price Range (₹)

200

Lot Size

25

Min Investment (₹)

5,000.00

Listing Exchange

NSEMumbai

Open Date

04-Sept-2006

Close Date

07-Sept-2006

Listing Date

27-Sept-2006

HOV Services Ltd News

    The Shares of HOV Services Ltd have now been listed.

    HOV Services Ltd IPO Details

    Public issue of 4,050,000 Equity Shares of Rs.10/- each for cash at a price of Rs.200/- per Equity Share (including a share premium of Rs.190/- per Equity Shares) aggregating Rs.81.00 crores, by HOV Services Limited (Company or Issuer), referred to herein as the issue. The Issue would constitute 32.3% of the fully diluted post issue paid-up capital of the Company. Issue Price Rs.200 per Equity Share of face value Rs. 10.The issue price is 20 times of the Face Value

    Objective of issue

    Planned Capital Expenditure. Acquisitions. Infuse funds into subsidiary-ClassB Units redempt..

    HOV Services Ltd Contact Details

    HOV Services Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - bhuvanesh.sharma@hovsltd.com; investor.relations@h

    Website - www.hovsltd.com