Hov Services Limited

Provides software and IT-enabled services, including construction, BPO, healthcare, and risk management solutions.

1989 | Active
Last Updated: July 12, 2024

Hov Services Profile

Key Indicators

  • Authorised Capital ₹ 30.00 Cr
  • Paid Up Capital ₹ 12.59 Cr
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 16.63 Cr
  • Revenue Growth 22.79%
  • Profit Growth 104.09%
  • Ebitda 0.87%
  • Net Worth 12.61%
  • Total Assets 5.70%

About Hov Services

Hov Services Limited (HSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1989 and has a history of 36 years and one month. Its registered office is in Na, Maharashtra.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532761 and on the National Stock Exchange(NSE) under HOVS.

The Corporate was formerly known as Hov Services Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30.00 Cr and a paid-up capital of Rs 12.59 Cr.

The company has closed loans amounting to ₹16.63 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Hov Services Limited India are Bhuvanesh Sharma as COMPANY SECRETARY and Nilesh Bafna as Cfo. Sunil Rajyadhyaksha, Parvinder Chadha, Ajay Puri, and Three other members serve as directors at the Company.

Company Details

  • Location Na, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    hovsltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L72200PN1989PLC014448

  • Company No.

    014448

  • Stock Symbol

    BSE : 532761 NSE : HOVS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1989

  • Date of AGM

    28 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Financial Services
Information Technology
Business Outsourcing

Who are the key members and board of directors at Hov Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Bhuvanesh Sharma Country flag representing In Company Secretary01-Jan-2015Current
Nilesh Bafna Country flag representing In CFO01-Sep-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Parvinder Chadha Country flag representing Us Whole-Time Director 11-Nov-2022Current
Lakshmi Kumar Country flag representing In Director 24-Oct-2014Current
Harjit Anand Country flag representing In Director 05-Jul-2018Current
Sunil Rajyadhyaksha Country flag representing In Whole-Time Director 10-Jan-1989Current
Ajay Puri Country flag representing In Director 26-Jul-2021Current
Vikram Negi Country flag representing Us Whole-Time Director 13-Feb-2017Current

Financial Performance of Hov Services.

Hov Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.79% increase. The company also saw a substantial improvement in profitability, with a 104.09% increase in profit. The company's net worth Soared by an impressive increase of 12.61%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
22.79%
Revenue from Operations
19.85%
Total Assets
5.70%
Profit or Loss
104.09%
Net Worth
12.61%
EBITDA
0.87%

What is the Ownership and Shareholding Structure of Hov Services?

In 2023, Hov Services had a promoter holding of 50.41% and a public holding of 49.57%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹16.63 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank Limited : 8.50 Cr
  • Hdfc Bank Limited : 8.13 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2014Hdfc Bank Limited₹8.00 CrSatisfied
20 Oct 2012Icici Bank Limited₹8.50 CrSatisfied
16 May 2005Hdfc Bank Limited₹1.30 MSatisfied

How Many Employees Work at Hov Services?

Hov Services has a workforce of 306 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Hov Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hov Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Hov Services

Recent activity within the organization

  • Annual General Meeting

    Hov Services Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.

    28 Jul 2023

  • Balance Sheet

    Hov Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Parvinder Chadha was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 11 Nov 2022 & has been associated with this company since 2 years 3 months .

    11 Nov 2022

  • Charges

    A charge registered on 20 Oct 2012 via Charge ID 10383044 with Icici Bank Limited was fully satisfied on 16 Sep 2022.

    16 Sep 2022

  • Director Appointment

    Harjit Singh Anand was appointed as a Director was appointed as a Director on 05 Jul 2018 & has been associated with this company since 6 years 7 months .

    05 Jul 2018

  • Charges

    A charge registered on 07 Nov 2014 via Charge ID 10533507 with Hdfc Bank Limited was fully satisfied on 26 Sep 2017.

    26 Sep 2017

Frequently asked questions

  • Hov Services Limited was incorporated on 10 Jan 1989.

  • The authorized share capital of Hov Services Limited is ₹ 30.00 Cr and paid-up capital is ₹ 12.59 Cr.

  • Currently 8 directors are associated with Hov Services Limited.

    • Sunil Vasant Rajyadhyaksha
    • Parvinder Chadha
    • Bhuvanesh Sharma
    • Nilesh Suwalal Bafna
    • Ajay Puri
    • Lakshmi Kumar
    • Vikram Negi
    • Harjit Singh Anand
  • As per Ministry of Corporate Affairs (Mca), the registered address of Hov Services Limited is 3Rd Floor Sharda Arcade Pune Satara Road, Bibwewadi - 411 037 India, Na, Maharashtra.

  • The corporate identification number (CIN) of Hov Services Limited is L72200PN1989PLC014448 and the company number is 014448 as per Ministry of Corporate Affairs (MCA).

  • Yes, Hov Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): HOVS.

  • The Official website of Hov Services Limited is https://www.hovsltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Hov Services Limited has risen by 22.79%.

  • As Per 2023 financial reports, 306 employees are currently employed by Hov Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Hov Services Limited has experienced an upsurge of 12.61%.

  • The most recent Balance Sheet for Hov Services Limited was filed with the ROC on 31 Mar 2023.

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