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