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Open
4 Sep 2006
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Close
7 Sep 2006
3
Allotment
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Listing
Wed, Sep 27, 2006
Price Band
₹200 to ₹240
Issue Size
40,50,000 shares (agg. up to ₹81 Cr)
Lot Size
25 Shares
Listing Date
Wed, Sep 27, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.51x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 12.48 | 3.32 | 0.58 |
| Total Income | 4.65 | 4.86 | 1.96 |
| Profit After Tax | 2.61 | 2.57 | 0.22 |
| NET Worth | 11.12 | 3.00 | 0.43 |
| Reserves and Surplus | 2.61 | 2.91 | 0.11 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| R Systems International Ltd. | Mainboard | ₹110.21 Cr | ₹250 | null | ₹249.65 | -0.14% | ₹255.09 (+1.11%) |
| Bartronics India Ltd. | Mainboard | ₹48.75 Cr | ₹75 | null | ₹110.60 | +47.47% | ₹7.23 (+0.56%) |
| Paradyne Infotech Ltd. | Mainboard | ₹13.86 Cr | ₹42 | 6.36 | ₹75.35 | +79.40% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Planned capital expenditure | 21.08 |
| 2 | To infuse funds into our Subsidiary for redemption of Class B Units issued by the Subsidiary | 65.53 |
| 3 | Issue expenses | 14.28 |
| Total | 100.89 |
About HOV Services IPO
HOV Services is a leading Business Process Outsourcing (BPO) provider servicing the finance and accounting sector.HOV has clients in telecommunications, healthcare, insurance, construction, finance and banking industries. It has offices around 14 cities and having around 850 employees.HOV Services provides: 1. Customer Care, Retention and Win Back Programs;2. Billing, Remittance Processing and First Party Communication;3. Early and Late Stage Debt Collection;4. Litigation, Dispute Resolution and Attorney Speciality Collections;5. Analysis, Stratification and Reporting;6. Insurance Eligibility Verification, Claims Submission, Follow-up and Appeal;7. Collection Education Programs.+ Read More
Contact Details
HOV Services Ltd. AddressHOV Services Limited3rd Floor, Sharda Arcade, Pune Satara RoadBibwewadiPune, Maharashtra, 411037+ 91 20 24221460investor.relations@hovservices.comVisit Website