Harmony Capital Ser.
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Harmony Capital Services Ltd will acquire a 51% controlling stake in Truvolt Engineering Co Private Limited through a share-swap arrangement valued at ₹83.47 crore, the company announced on Wednesday. The board approved the acquisition, which will make Truvolt a subsidiary, and authorized the issuance of up to 1.26 crore new equity shares at ₹66 each to the target's shareholders on a preferential, non-cash basis. The swap ratio has been set at two Harmony shares for every one Truvolt share, based on independent valuation reports. Truvolt Engineering, engaged in fabrication and manufacturing, reported a turnover of ₹315 crore in FY26 and ₹24,260 lakhs in FY25. The transaction is subject to shareholder and regulatory approvals and is classified as a related party transaction.
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Harmony Capital Services Ltd will acquire a 51% controlling stake in Truvolt Engineering Co Private Limited through a share-swap arrangement valued at ₹83.47 crore, the company announced on Wednesday. The board approved the acquisition, which will make Truvolt a subsidiary, and authorized the issuance of up to 1.26 crore new equity shares at ₹66 each to the target's shareholders on a preferential, non-cash basis. The swap ratio has been set at two Harmony shares for every one Truvolt share, based on independent valuation reports. Truvolt Engineering, engaged in fabrication and manufacturing, reported a turnover of ₹315 crore in FY26 and ₹24,260 lakhs in FY25. The transaction is subject to shareholder and regulatory approvals and is classified as a related party transaction.
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July 1 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
HARMONY CAPITAL SERVICES LTD- APPOINTS RAJEEV KUMAR SINGH AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSE4SsJ0B
Further company coverage: HRMN.BO
(([email protected];))
July 1 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
HARMONY CAPITAL SERVICES LTD- APPOINTS RAJEEV KUMAR SINGH AS CHIEF FINANCIAL OFFICER
Source text: ID:nBSE4SsJ0B
Further company coverage: HRMN.BO
(([email protected];))
Nov 12 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
TO CONSIDER RAISING FUNDS
Source text: ID:nBSE6vDk88
Further company coverage: HRMN.BO
(([email protected];))
Nov 12 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
TO CONSIDER RAISING FUNDS
Source text: ID:nBSE6vDk88
Further company coverage: HRMN.BO
(([email protected];))
March 1 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
ANISH SHARMA RESIGNS AS MANAGING DIRECTOR AND CFO
Further company coverage: HRMN.BO
(([email protected];))
March 1 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
ANISH SHARMA RESIGNS AS MANAGING DIRECTOR AND CFO
Further company coverage: HRMN.BO
(([email protected];))
June 14 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
ASUTOSH RAULO RESIGNED FROM POST OF MANAGING DIRECTOR AND CHAIRMAN
Further company coverage: HRMN.BO
(([email protected];))
June 14 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
ASUTOSH RAULO RESIGNED FROM POST OF MANAGING DIRECTOR AND CHAIRMAN
Further company coverage: HRMN.BO
(([email protected];))
June 5 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
MD ASUTOSH RAULO RESIGNS
CFO SUNIL KATARIA RESIGNS
Source text for Eikon: ID:nBSEbfHfWz
Further company coverage: HRMN.BO
(([email protected];;))
June 5 (Reuters) - Harmony Capital Services Ltd HRMN.BO:
MD ASUTOSH RAULO RESIGNS
CFO SUNIL KATARIA RESIGNS
Source text for Eikon: ID:nBSEbfHfWz
Further company coverage: HRMN.BO
(([email protected];;))
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What does Harmony Capital Ser. do?
Harmony Capital Services Limited, founded in 1994, offers a wide range of financial services including investment activities, consultancy, loan syndication, and investment banking.
Who are the competitors of Harmony Capital Ser.?
Harmony Capital Ser. major competitors are PMC Fincorp, Trustedge Capital, Iconik Sports& Event, Assam Entrade, Nexome CapitalMarket, Dhyana Finstock, Ganges Securities. Market Cap of Harmony Capital Ser. is ₹125 Crs. While the median market cap of its peers are ₹124 Crs.
Is Harmony Capital Ser. financially stable compared to its competitors?
Harmony Capital Ser. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Harmony Capital Ser. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Harmony Capital Ser. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Harmony Capital Ser. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Short Term Loans & Advances
How strong is Harmony Capital Ser. balance sheet?
Balance sheet of Harmony Capital Ser. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Harmony Capital Ser. improving?
Yes, profit is increasing. The profit of Harmony Capital Ser. is ₹1.54 Crs for TTM, ₹0.27 Crs for Mar 2026 and -₹0.6 Crs for Mar 2025.
Is the debt of Harmony Capital Ser. increasing or decreasing?
Yes, The net debt of Harmony Capital Ser. is increasing. Latest net debt of Harmony Capital Ser. is -₹0.08 Crs as of Mar-26. This is greater than Mar-25 when it was -₹0.11 Crs.
Is Harmony Capital Ser. stock expensive?
Harmony Capital Ser. is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Harmony Capital Ser. is 81.05, while 3 year average PE is 122. Also latest EV/EBITDA of Harmony Capital Ser. is 96.7 while 3yr average is 30.34.
Has the share price of Harmony Capital Ser. grown faster than its competition?
Harmony Capital Ser. has given better returns compared to its competitors. Harmony Capital Ser. has grown at ~88.1% over the last 6yrs while peers have grown at a median rate of 33.27%
Is the promoter bullish about Harmony Capital Ser.?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 59.37% and last quarter promoter holding is 56.65%.
Are mutual funds buying/selling Harmony Capital Ser.?
There is Insufficient data to gauge this.