PAN HR Solution Limited IPO
PAN HR Solution Limited IPO
Price Band
₹74 - ₹78
Total Issue
₹17.04 Cr
Bid Dates
06 Feb - 10 Feb
Subscription
9.51x
Est. GMP
₹0 (0.00%)
PAN HR Solution IPO Dates
Business Overview
Pan HR Solutions operates on a business-to-business (B2B) model, providing comprehensive manpower and workforce management solutions across India. The Company caters to a wide spectrum of roles, ranging from unskilled to skilled blue-collar workers, and serves clients across sectors such as e-commerce, logistics, manufacturing, information technology and allied industries. Its service portfolio includes manpower services, payroll management, staffing solutions, facility management, compliance audits and e-commerce logistics support. Through its customized and scalable solutions, the Company enables clients to streamline hiring processes, reduce administrative burdens and ensure access to suitable talent. As part of its facility management offerings, it deploys personnel such as housekeeping staff, pantry staff, office assistants and other support roles. Pan HR Solutions operates under a “Collect and Pay” model, wherein it invoices clients for services rendered and subsequently disburses payments to deployed employees.
PAN HR Solution IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 3,200 | ₹2,49,600 |
| Individual (Max) | 2 | 3,200 | ₹2,49,600 |
| S-HNI (Min) | 3 | 4,800 | ₹3,74,400 |
| S-HNI (Max) | 8 | 12,800 | ₹9,98,400 |
| B-HNI (Min) | 9 | 14,400 | ₹11,23,200 |
PAN HR Solution IPO Size
Objects of the Issue
A1
A2
A3
PAN HR Solution IPO Live Subscription
Updated as on 10 Feb 2026 | 06:59:02 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 6.57x | 3,60,000 | 23,64,800 |
| NII | 25.44x | 2,73,600 | 69,61,600 |
| bHNI | 31.65x | 1,82,400 | 57,72,800 |
| sHNI | 13.04x | 91,200 | 11,88,800 |
| Individual Investor | 9.40x | 6,33,600 | 59,55,200 |
| Total | 12.06x | 12,67,200 | 1,52,81,600 |
PAN HR Solution IPO GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 12 Feb | ₹0 (0%) | ₹78 |
| 11 Feb | ₹0 (0%) | ₹78 |
| 10 Feb | ₹0 (0%) | ₹78 |
| 09 Feb | ₹0 (0%) | ₹78 |
| 08 Feb | ₹0 (0%) | ₹78 |
| 07 Feb | ₹0 (0%) | ₹78 |
| 06 Feb | ₹0 (0%) | ₹78 |
| 05 Feb | ₹0 (0%) | ₹78 |
| 04 Feb | ₹0 (0%) | ₹78 |
| 03 Feb | ₹0 (0%) | ₹78 |
Peer Comparison
(Rs. in crores)
| Particulars | PAN HR | Itcons E | Happy Square | Spectrum Talent |
|---|---|---|---|---|
| Revenue | 283.19 | 5.98 | 97.41 | 1,270.14 |
| PAT | 5.02 | 3.25 | 5.94 | 7.24 |
| EPS (₹) | 10.17 | 6.43 | 7.07 | 3.13 |
| NAV (₹) | 37.01 | 73.80 | 14.84 | 66.38 |
| RONW | 27.47% | 8.76% | 47.64% | 4.72% |
| EBITDA | 2.42% | 9.36% | 9.84% | 0.90% |
| PAT Mrgn | 1.77% | 5.69% | 6.10% | 0.60% |
| PE Ratio | 7.67 | 63.20 | 8.27 | 24.39 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of 31st March, 2025 for Peers
Financials
(Rs. in crores)
| Particulars | Nov-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 153.99 | 283.19 | 281.08 | 256.10 |
| PAT | 5.13 | 5.02 | 4.20 | 3.88 |
| Net Worth | 23.39 | 18.26 | 14.04 | 12.14 |
| Borrowings | 0.08 | - | 0.03 | 0.60 |
| Assets | 43.72 | 36.06 | 42.31 | 37.07 |
| NAV (₹) | 43.23 | 37.01 | 28.55 | 24.68 |
| EPS (₹) | 9.48 | 10.17 | 8.55 | 7.89 |
KPIs
EBITDA
2.42%
PAT
1.77%
ROE
31.05%
ROCE
38.30%
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
90.91%
Public
9.09%
Management
Frequently Asked Questions
What is PAN HR Solution IPO?
When will PAN HR Solution IPO open?
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What is the lot size of PAN HR Solution IPO?
When is the allotment of PAN HR Solution IPO?
What is the listing date of PAN HR Solution IPO?
What is the subscription of PAN HR Solution IPO?
What is the price band of PAN HR Solution IPO?
How to check allotment status of PAN HR Solution IPO?
How to apply PAN HR Solution IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply PAN HR Solution IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply PAN HR Solution IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select PAN HR Solution IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date