PAN HR Solutions IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 74 – 78
Lot Size
1600
Issue Size
₹17 Cr
Minimum Investment
₹249600 (3200 Shares)
Listing Date
13 February 2026
Subscription
12.36x
About the Company
Incorporated in 2015, PAN HR Solutions is a comprehensive human resource services provider offering end-to-end manpower and workforce management solutions. The company operates on a B2B business model and caters to clients across multiple industries.
PAN HR Solutions specializes in providing manpower solutions for a wide spectrum of roles, ranging from unskilled and semi-skilled to skilled blue-collar personnel. As a one-stop service provider, the company integrates recruitment, staffing, payroll, compliance, and facility management services to meet diverse client requirements.
Service Offerings
- Manpower Services: Recruitment and deployment of personnel across various industries and job functions.
- Payroll Services: End-to-end payroll management in compliance with statutory regulations, including Employees’ Provident Fund (EPF), Employees’ State Insurance (ESIC), Professional Tax, and other applicable labor laws.
- Facility Management Services: Provision of housekeeping staff, pantry staff, office assistants, and other support personnel for client facilities.
- Staffing Solutions: Flexible staffing services for multiple roles, including delivery and logistics personnel.
- Compliance Audit Services: Independent compliance audits to ensure adherence to labor laws, statutory requirements, and proper maintenance of records.
As of November 30, the company employed 10,374 personnel deployed across various client locations, reflecting its operational scale and workforce management capabilities.
Promoters
- Rajeev Kumar
- Rajni Kumari
Promoters Holding
Holding Pre Issue
90.92%
Holding Post Issue
0.00%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding working capital requirements of our Company
- Pre-payment or repayment of certain outstanding borrowings availed by Company
- General Corporate Purposes
Address / Contact Info
PAN HR Solutions Limited
A - 42/03, Second floor, Sector-62,
Gautam Buddha Nagar
Noida, Uttar Pradesh, 201301
Email:cscompliance@panhr.in
Tel: +91 74288 52201
Website:http://www.panhr.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 06 February 2026
IPO Close Date
Tuesday, 10 February 2026
Basis of Allotment
Wednesday, 11 February 2026
Initiation of Refunds
Thursday, 12 February 2026
Credit of Shares to Demat
Thursday, 12 February 2026
Listing Date
Friday, 13 February 2026 — NSE & BSE
Important Dates
Open Date
06 February 2026
Close Date
10 February 2026
Basis Of Allotment
11 February 2026
Listing Date
13 February 2026
Financial Performance (₹ in Crores)
| Particular | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 43.72 | 36.06 | 42.31 | 37.07 |
| Revenue | 154.23 | 283.69 | 281.92 | 256.36 |
| Profit After Tax | 5.13 | 5.02 | 4.2 | 3.88 |
| Net Worth | 23.39 | 18.26 | 14.04 | 12.14 |
| Reserve & Surplus | 17.98 | 18.24 | 14.02 | 12.12 |
| Total Borrowings | 0.08 | 0 | 0.03 | 0.6 |
EPS Pre
9.27%
EPS Post
10.67%
P/E Pre
8.41
P/E (Post Issue)
7.31x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Nov 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 24.64 | 31.05 | 32.12 | 45.73 |
| ROCE % | 26.76 | 38.3 | 40.35 | 42.51 |
| Debt / Equity | 0 | 0 | 0 | 0 |
| RoNW % | 21.94 | 27.47 | 29.94 | 31.99 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 3.33 | 1.77 | 1.5 | 1.52 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 360000 | 28.41 | 0 |
| Non-Institutional | 273600 | 21.59 | 0 |
| BNII | 182400 | 14.39 | 0 |
| SNII | 91200 | 7.2 | 0 |
| Retail Investors | 633600 | 50 | 0 |
| Total | 1267200 | 100 | 0 |
Subscription Status ( Tue, 10 Feb 26 01:48 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 360000 | 2364800 | 6.57x |
| Non-Institutional | 273600 | 7340800 | 26.83x |
| Retail Investors | 633600 | 5955200 | 9.4x |
| Total | 1267200 | 15660800 | 12.36x |
| Total | 1267200 | 6400 | 0.01x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| PAN HR Solution Ltd | 10 | 0.00 | 10.17 | 10.17 | 27.47 | 37.01 |
| Itcons ESolutions Ltd | 10 | 63.20 | 6.43 | 3.17 | 8.76 | 73.80 |
| Happy Square Outsourcin g Services Ltd | 10 | 8.27 | 7.07 | 7.07 | 47.64 | 14.84 |
| Spectrum Talent Manageme nt Ltd | 10 | 24.39 | 3.13 | 2.94 | 4.72 | 66.38 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 249,600.00 |
| Retail (Max) | 2 | 3,200 | 249,600.00 |
| S-HNI (Min) | 3 | 4,800 | 374,400.00 |
| S-HNI (Max) | 8 | 12,800 | 998,400.00 |
| B-HNI (Min) | 9 | 14,400 | 1,123,200.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
PAN HR Solutions IPO is a Book-building IPO worth ₹17 crores. The price band is ₹74 to 78 per share. The IPO opens on Fri, Feb 6, 2026 and closes on Tue, Feb 10, 2026. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The PAN HR Solutions IPO opens on Fri, Feb 6, 2026 and closes on Tue, Feb 10, 2026
PAN HR Solutions IPO Price Band is ₹74 to 78.
PAN HR Solutions IPO lot size is 1600, and the minimum amount required for application is ₹249600.
The minimum investment for PAN HR Solutions IPO is approximately ₹249600 based on the upper price band.
To apply for the PAN HR Solutions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Feb 10, 2026. After submission, funds are blocked until the basis of allotment of PAN HR Solutions IPO is finalised.
PAN HR Solutions IPO issue size is ₹17 crores.
PAN HR Solutions IPO allotment date is Sat, Jun 27, 2026.
The registrar for PAN HR Solutions IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to PAN HR Solutions IPO through their official website or helpline.