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PAN HR Solutions IPO

Listed SME BSE SME · Diversified Commercial Services

Price Band

₹74.0–78.0

Issue Size

₹17.04 Cr

Lot Size

1,600 shares

Min Investment

₹249,600

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹78.0

PAN HR Solutions IPO AI Summary

  • PAN HR Solutions IPO is listed on BSE SME in the Diversified Commercial Services sector.
  • Price band: ₹74.0–₹78.0 per share, lot size 1,600 shares (min. investment ₹249,600, 2 lots minimum).
  • Subscription window: 06 Feb–10 Feb 2026, listing on 13 Feb 2026.

PAN HR Solutions is an SME IPO focused on human resource management and staffing services. The company has shown a steady increase in total income and profit over recent years, although the latest figures are for a 9-month period and not directly comparable to full fiscal years. The IPO aims to raise funds for working capital and corporate purposes.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Fri, 06 Feb 2026
IPO Close Date
Tue, 10 Feb 2026
Allotment Date
Wed, 11 Feb 2026
Refund Initiation
Thu, 12 Feb 2026
Credit of Shares
Thu, 12 Feb 2026
Listing Date
Fri, 13 Feb 2026
Listing Price
₹78.0 +0.0%

Subscription Status

Subscription data unavailable

PAN HR Solutions IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

PAN HR Solutions is a comprehensive service provider specializing in human resource management, staffing, payroll processing, facility management, compliance audits, and e-commerce logistics support. Service Offerings Manpower Services: End-to-end recruitment solutions across multiple industries. Payroll Services: Complete payroll administration with full statutory compliance, including EPF, ESIC, Professional Tax, and other regulatory requirements. Facility Management: Deployment of trained housekeeping staff, pantry staff, office assistants, and other essential support personnel. Staffing Solutions: Flexible staffing services for diverse roles, including delivery and operational personnel. Compliance Audits: Independent compliance audit services to ensure adherence to labor laws and accurate maintenance of statutory records. PAN HR Solutions operates on a B2B model, catering to industries such as e-commerce, logistics, manufacturing, and IT, helping organizations streamline their workforce and hiring processes. Competitive Strengths: Extensive Workforce Deployment Strong Compliance and Regulatory Expertise Experienced Leadership and Management Team Comprehensive Service Portfolio

Company Financials (₹ Cr)

As of 2025-11-30

Period Ended 30 Nov 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 43.72 36.06 42.31 37.07
Total Income 154.23 283.69 281.92 256.36
Profit After Tax 5.13 5.02 4.20 3.88
EBITDA 6.34 6.86 5.19 5.37
NET Worth 23.39 18.26 14.04 12.14
Reserves and Surplus 17.98 18.24 14.02 12.12
Total Borrowing 0.08 0.03 0.60

Key Ratios

EPS

₹9.27

NAV

₹33.55

ROE

31.05%

ROCE

38.30%

RoNW

27.47%

P/B Value

2.32

P/E Ratio

8.41

Market Cap

₹56.25 Cr

PAT Margin

1.75%

Promoters

Rajeev Kumar and Rajni Kumari

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding working capital requirements of the Company 9.75 2 General Corporate Purposes 2.11 3 Issue Expenses 2.65 Total 14.51

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹256.36 Cr in the year ending 31 Mar 2023, rising to ₹281.92 Cr by 31 Mar 2024, and further increasing to ₹283.69 Cr by 31 Mar 2025. However, for the period ending 30 Nov 2025, total income is reported at ₹154.23 Cr, which is a 9-month figure and not directly comparable to the full fiscal years.

Profit Trend

Profit After Tax was ₹3.88 Cr in the year ending 31 Mar 2023, increasing to ₹4.20 Cr by 31 Mar 2024, and further rising to ₹5.02 Cr by 31 Mar 2025. For the period ending 30 Nov 2025, Profit After Tax is reported at ₹5.13 Cr, though this is a 9-month figure and not a full year, so isn't directly comparable.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of IPO shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price compared to the issue price, reflecting investor sentiment and demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. They should consider the company's business fundamentals and market conditions.

Who May Want to Wait

Investors who are risk-averse or those who prefer stable, established companies may want to avoid IPOs like this one, which can be subject to market fluctuations and uncertainties.

IPO Timeline, Explained

The IPO opens for subscription on 6 February 2026 and closes on 10 February 2026. Allotment of shares will be done on 11 February 2026, with the listing date set for 13 February 2026.

Listing Gains — The Risk

Listing gains can be unpredictable. While some IPOs may experience a surge in price on their first day of trading, others may not perform as expected. Investors should be cautious and consider the potential for both gains and losses.

This evaluation is generated from PAN HR Solutions's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of PAN HR Solutions IPO?

The price band of PAN HR Solutions IPO is ₹74.0–₹78.0 per share.

When does PAN HR Solutions IPO open and close?

PAN HR Solutions IPO opens on 06 February 2026 and closes on 10 February 2026.

When does PAN HR Solutions IPO list on the stock exchange?

PAN HR Solutions IPO listed on 13 February 2026 at ₹78.0.

What is the lot size for PAN HR Solutions IPO?

The lot size for PAN HR Solutions IPO is 1600 shares, requiring a minimum investment of ₹249,600 (2 lots).

What is the price band for the PAN HR Solutions IPO?

The price band for the PAN HR Solutions IPO is ₹74.0 to ₹78.0.

What is the minimum investment required?

The minimum investment required is ₹249,600.

What is the lot size for the IPO?

The lot size for the PAN HR Solutions IPO is 1600 shares.

When does the IPO open and close?

The IPO opens on 6 February 2026 and closes on 10 February 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the shares compared to the issue price.

Issue Details

Issue Type SME Book Built
Issue Size ₹17.04 Cr
Price Band ₹74.0 – ₹78.0
Issue Price ₹78.0
Lot Size 1,600 shares
Min Investment ₹249,600 (2 lots minimum)
Exchange BSE SME
Sector Diversified Commercial Services
Open Date 06 Feb 2026
Close Date 10 Feb 2026
Allotment 11 Feb 2026
Listing Date 13 Feb 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Maashitla Securities Pvt.Ltd.

Lead Managers / Book Running

Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.

IPO Timeline

Open

06 Feb 2026

Close

10 Feb 2026

Allotment

11 Feb 2026

Listing

13 Feb 2026

Community Sentiment

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