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PAN HR Solutions Ltd

IPO Details · GMP · Subscription · Financials
✅ Listed BSE SME SME
Issue Price
₹78
Per Share
GMP
NIL
Grey Market
Est. Listing
₹78
Expected Price
Min. Application
₹249,600
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹78 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size21,84,000 shares (agg. up to ₹17 Cr)
Issue TypeBook Built Issue
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 06 Feb 2026
Subscription CloseTue, 10 Feb 2026
Anchor AllotmentThu, 05 Feb 2026
Basis of AllotmentWed, 11 Feb 2026
Initiation of RefundsThu, 12 Feb 2026
Credit of Shares to DematThu, 12 Feb 2026
Listing DateFri, 13 Feb 2026
UPI Mandate Deadline5:00 PM on 10 Feb 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)2,49,600 — 3,200 shares
Retail — Max (13 Lots)₹1,622,400 (13 Lots)
HNI — Min (3 Lots)3,74,400 — 4,800 shares
QIB Quota41.10% of Issue
NII / HNI Quota12.53% of Issue
Retail Quota29.01% of Issue
Market Maker Quota17.36% of Issue
EPS (Pre-IPO)₹9.27
EPS (Post-IPO)₹10.67
P/E Ratio (Pre-IPO)8.41x
P/E Ratio (Post-IPO)7.31x
Net Offer to Public18,04,800 shares (agg. up to ₹14 Cr)
Reserved for Market Maker3,79,200 shares (agg. up to ₹3 Cr)
Pre-IPO Promoter Holding54,11,058 shares
Post-IPO Promoter Holding72,11,058 shares
Fresh Issue Shares14,20,800 shares (agg. up to ₹11 Cr)
Offer for Sale Shares3,84,000 shares of ₹10 (agg. up to ₹3 Cr)
About PAN HR Solutions Ltd

Incorporated in 2015, PAN HR Solutions offers human resource, staffing, payroll, facility management, compliance audits, and e-commerce logistics services.The company operates on a B2B model and provides comprehensive manpower solutions, catering to a range of roles from unskilled to skilled blue-collar workers.The company offer an end-to-end HR solution including recruitment, payroll management, compliance auditing, facility management, staffing solutions as a one-stop provider.Service offerings:Manpower Services: Recruitment of personnal across various industries.Payroll Services: End-to-end payroll management complying with statutory regulations like Employees Provident Fund (EPF), ESIC regulations, Professional Tax, etc.Facility Management: Housekeeping staff, pantry staff, office assistants, and other support staff.Staffing Solution: Staffing srevices for various roles like delivery personnel.Compliance Audit: Independence compliance auditing services to ensure compliance with regulations and maintaing proper records.As of November 30, 202, the company had employed 10,374personnel working at different client locations.Competitive Strengths:Extensive Workforce DeploymentStrong Compliance and Regulatory ExpertiseExperienced Leadership and Management TeamComprehensive Service Portfolio

Shareholding & Lock-in
Pre-IPO Promoter Holding 54,11,058 shares
Post-IPO Promoter Holding 72,11,058 shares
Check Allotment Check Status →
PAN HR Solutions Ltd — Live Price LIVE
₹78.00
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Issue Price
₹78.00
Issue Price
₹78.00
Face Value
₹10
Lot Size
1,600 sh
Listed On
13 Feb 2026
Exchange
BSE SME
GMP
NIL
Symbol: BSE:PAN
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹78
GMPNIL
Est. Listing₹78
Lot Size1,600 shares
Min Amount₹249,600
Listing Date13 Feb 2026
QIB Shares897,600
NII Shares273,600
Retail Shares633,600
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹78
Listing Date13 Feb 2026
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — PAN HR Solutions Ltd Post-listing trend
Issue Price ₹78.00
GMP NIL
Est. Listing ₹78.00
Status: Listed
PAN HR Solutions Ltd IPO Subscription Status
Total shares offered: 21,84,000 (100.00%). Issue price: ₹78. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
Anchor
379,200 ₹2.960
QIB (Ex Anchor)
897,600 ₹7.000
NII
273,600 ₹2.130
Retail
633,600 ₹4.940
Total ** 2,184,000 ₹17.040
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensFri, 06 Feb 2026
Subscription ClosesTue, 10 Feb 2026
Anchor AllotmentThu, 05 Feb 2026
Basis of AllotmentWed, 11 Feb 2026
Initiation of RefundThu, 12 Feb 2026
Demat CreditThu, 12 Feb 2026
Listing DateFri, 13 Feb 2026
UPI Mandate Deadline5:00 PM on 10 Feb 2026 (Day 3)
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 3,200 ₹249,600
Retail (Max — 13 Lots) 13 20,800 ₹1,622,400
S-HNI (Min — 14 Lots) 14 22,400 ₹1,747,200
S-HNI (Max — 66 Lots) 66 105,600 ₹8,236,800
B-HNI (Min — 67 Lots) 67 107,200 ₹8,361,600
* Issue Price ₹78 × Lot Size 1,600 shares
Basis of Allotment — PAN HR Solutions Ltd IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 273,600 633,600 907,200
Allotment price (Rs.) 78 78 78 78 78 78 78 78
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 7.00 2.96 9.96 2.13 4.94 17.03
No. of times subscribed
No. of shares allotted 273,600 633,600 907,200
Amount (Rs.cr.) 7.00 2.96 9.96 2.13 4.94 7.08
No. of allottees
* Based on upper price band ₹78
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
Anchor / Market Maker 379,200 ₹2.96
17.36%
QIB (Ex Anchor) 897,600 ₹7.00
41.10%
NII / HNI 273,600 ₹2.13
12.53%
Retail (RII) 633,600 ₹4.94
29.01%
Total 2,184,000 ₹17.04
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 30 Nov 2025 31 Mar 2025 31 Mar 2024
Revenue from Operations 154.23 283.69 281.92
EBITDA 6.34 6.86 5.19
Profit After Tax (PAT) 5.13 5.02 4.20
Net Worth 23.39 18.26 14.04
Total Assets 43.72 36.06 42.31
Reserves & Surplus 17.98 18.24 14.02
Total Borrowings 0.08 Not Available 0.03
EBITDA Margin (%) 4.12%
PAT Margin (%) 3.33%
Key Ratios & Valuation
Issue Price₹78
Face Value₹10 Per Share
Price / Book Value (P/BV)2.11
Return on Equity (RoE)24.64
Return on Capital Employed (RoCE)26.76%
Return on Net Worth (RoNW)21.94%
PAT Margin (%)3.33%
EBITDA Margin (%)4.12%
Debt / Equity RatioNot Available
Issue Structure & Shareholding
Total Shares Offered21,84,000 (100.00%)
Net Offer to Public18,04,800 shares (agg. up to ₹14 Cr)
Reserved for Market Maker3,79,200 shares (agg. up to ₹3 Cr)
Pre-Issue Promoter Holding54,11,058 shares
Post-Issue Promoter Holding72,11,058 shares
Script CodeNot Available
Objects of the Issue

PAN HR Solutions Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
Issue Composition & Shareholding
Issue TypeBook Built Issue
Sale TypeFresh Capital & OFS
Total Shares Offered21,84,000 (100.00%)
Net Offer to Public18,04,800 shares (agg. up to ₹14 Cr)
Reserved for Market Maker3,79,200 shares (agg. up to ₹3 Cr)
Pre-Issue Promoter Holding54,11,058 shares
Post-Issue Promoter Holding72,11,058 shares
Company Details
Company Name
PAN HR Solutions Ltd
Listing Exchange
BSE SME
IPO Type
allottees IPO
Issue Type
Book Built Issue
Face Value
₹10 Per Share
Script Code
Not Available
Registered Address
A - 42/03, Second floor, Sector-62, Gautam Buddha Nagar Noida, Uttar Pradesh, 201301
IPO Registrar (Share Transfer Agent)
Book Running Lead Managers (BRLM)
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
IPO Opens
06 Feb 2026, Fri
✓ Done
IPO Closes
10 Feb 2026, Tue
✓ Done
Basis of Allotment
11 Feb 2026, Wed
✓ Done
Initiation of Refunds
12 Feb 2026, Thu
✓ Done
Credit of Shares
12 Feb 2026, Thu
✓ Done
Listing Day
13 Feb 2026, Fri
✓ Done
Quick Summary
Issue Price₹78
Face Value₹10
Lot Size1,600 Shares
Min. Investment₹249,600
Open Date06 Feb 2026
Close Date10 Feb 2026
Allotment11 Feb 2026
Listing Date13 Feb 2026
ExchangeBSE SME
GMPNIL
Est. Listing₹78
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