Exchanges
BSE, NSE
Industry
IT Enabled Services
Issue
Book building

HOV Services IPO

₹180.30

−9.85% on listing

Listing-day close · NSE · 27 Sep 2006 · issue price ₹200

HOV Services’ ₹81 crore IPO was priced at ₹200 a share. It listed on the NSE on 27 Sep 2006 and closed its first day at ₹180.30, down 9.85% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹81 Cr
Fresh issue
₹81 Cr
Offer for sale
—
Lot size
25 shares
Minimum investment
₹5,000
Face value
₹10
Registrar
Kfin Technologies

Subscription

HOV Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.51×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹251 Cr
Promoter holding
81.70% → 55.30%

Financials as of 31 Mar 2006, from the offer documents.

Listing

Listing date
27 Sep 2006
Issue price
₹200
Open
₹204.00
High
₹234.00
Low
₹177.25
Close
₹180.30

Listing day on the NSE. The close was −9.85% on the issue price.

HOVS share price today

FAQs

When did the HOV Services IPO open and close?

It opened on 4 Sep 2006 and closed on 7 Sep 2006.

What was the HOV Services IPO price?

The price band was ₹200–240 a share. The final issue price was ₹200.

What is the lot size and minimum investment?

One lot is 25 shares, ₹5,000 at ₹200 a share. Retail investors apply in whole lots.

How much did HOV Services raise?

₹81 crore: ₹81 crore of new shares.

How many times was the HOV Services IPO subscribed?

2.51 times overall.

How did HOV Services list?

It listed on the NSE on 27 Sep 2006 at ₹204.00 and closed the day at ₹180.30, down 9.85% on the ₹200 issue price.

Who is the registrar of the HOV Services IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app