IPO Synopsis

HOV Services Ltd
Registered Office: 3rd Floor Sharad Arcade,Pune Satara Road Bibwewadi,Pune-411037, Maharashtra
Tel. No: 91-20-24231623
Fax No: 91-20-24221470
Email: bhuvanesh.sharma@hovsltd.com; investor.relations@h
Website: www.hovsltd.com
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
Issue Money Payable On
Opens On Closes On Application Allotment
04-Sep-2006 07-Sep-2006 ₹200.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 25 Further Multiples of :25
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 DSP Merrill Lynch Ltd
Project Financed through Current Offer 81.00 JM Morgan Stanley Pvt Ltd
Post Issue Equity Share Capital 12.55
Issue Price 200.00
Projects
Planned Capital Expenditure
Acquisitions
Infuse funds into subsidiary-ClassB Units redempt.
Promoted By
Parvinder S Chadha
Sanjay Chitale
Surinder Rametra
Listing At
NSE
BSE
Registrar To The Issue