HOV Services Ltd - IPO

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

Website - www.hovsltd.com