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
Minimum Application for shares in Nos : 25.0
Further Multiples of : 25.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
DSP Merrill Lynch Ltd
Project Financed through Current Offer
81.00
Post Issue Equity Share Capital
12.55
Issue Price
₹200.00
Projects
Planned Capital Expenditure
Acquisitions
Infuse funds into subsidiary-ClassB Units redempt.