About HOV Services Ltd 
HOV Services Ltd
Micro Cap
IT - Software
The HOV Services Ltd was incorporated in 1989 as Codec Communications Private Limited. The Company commenced its operations as a software services company on January 10, 1989. The name of the Company got changed to HOV Services Private Limited on February 27, 2006. The Company became a Public Limited Company on January 5, 2006 and the name of the Company was changed to HOV Services Limited on March 9, 2006.
Company Coordinates 
Company Details
3rd Floor Sharad Arcade, Pune Satara Road Bibwewadi Pune Maharashtra : 411037
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad
Capital Structure 
Present Equity Capital
INR 12.59 Cr
Number of Shares
1.26 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
20-Jan-2022
1.26
12.59
6000
10
Issued under ESOP Scheme
31-Aug-2017
1.25
12.54
3200
10
ESOP
21-Mar-2016
1.25
12.53
8000
10
ESOP
21-Mar-2016
1.25
12.53
8000
10
ESOP
20-Apr-2015
1.25
12.52
10500
10
ESOP
20-Apr-2015
1.25
12.52
10500
10
ESOP
19-Dec-2014
1.25
12.51
11500
10
ESOP
19-Dec-2014
1.25
12.51
11500
10
ESOP
21-May-2014
1.25
12.50
3000
10
ESOP
21-May-2014
1.25
12.50
3000
10
ESOP
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Adesi234llc (23.83%)
Highest Public shareholder
Chitale Llc (6.24%)
Individual Investors Holdings
32.97%
Management
Designation
Remuneration
Sunil Rajadhyaksha
Chairman & Exec. Director
0
Bhuvanesh Sharma
Company Sec. & Compli. Officer
0
Vikram Negi
Executive Director
0
Lakshmi Kumar
Independent Director
5.1 lacs
Ajay Puri
Independent Director
5.1 lacs
Parvinder S Chadha
Executive Chairman
28.0 lacs
Harjit Singh Anand
Independent Director
6.0 lacs
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Software and IT Enabled Services
10.54
100.00%
Software and IT Enabled Services
Revenue and Profits:
Net Sales:
6 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
IT - Software
INR 58 Cr (Micro Cap)
15.00
26
0.00%
-0.16
12.91%
2.44