HOV Services Ltd IPO


IPO Subscription Details

  • Open Date 04 Sep
  • Close Date 07 Sep
  • Lot Size 25
  • IPO Size ₹ 81 Cr
  • IPO Price Range ₹ 200
  • Min Investment ₹ 5000

IPO Synopsis

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

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of HOV Services Ltd IPO

Contact Information

3rd Floor Sharad Arcade,
Pune Satara Road Bibwewadi,
Pune, Maharashtra 411037

HOV Services Ltd IPO Lead Manager

DSP Merrill Lynch LtdJM Morgan Stanley Pvt Ltd

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