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PAN HR Solutions IPO Day 1: Subscription at 0.03x, GMP Flat | Live Updates

Posted by : sachet | Fri Feb 06 2026

PAN HR Solutions IPO Day 1: Subscription at 0.03x, GMP Flat | Live Updates

The PAN HR Solutions IPO GMP is ₹0 as of 6th February 2026. It is a book-building issue IPO of ₹17.04 crores. This is an entirely fresh issue of 0.18 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 13th February 2026. The face value of PAN HR Solutions IPO shares is ₹10 per share, and the IPO price band is ₹167 to ₹176 per share. Retail investors can bid for a minimum of 2 lots of 1,600 shares worth ₹2,81,600. Scroll down to check the PAN HR Solutions IPO GMP and subscription details.

PAN HR Solutions IPO GMP Grey Market Premium

As mentioned earlier, the PAN HR Solutions IPO GMP currently stands at ₹0.00 per share. Thus, the estimated listing price would be at ₹78.00. This indicates that the estimated listing gain in this IPO could be 0.00%. Explore the table for PAN HR Solutions IPO GMP updates.

GMP DATEIPO PriceGMP PriceEstimated Listing PriceEstimated Gain
6-2-2026₹78.00₹0.00₹78.000.00%
5-2-2026₹78.00₹0.00₹78.000.00%
4-2-2026₹78.00₹0.00₹78.000.00%
3-2-2026₹78.00₹0.00₹78.000.00%
2-2-2026₹78.00₹0.00₹78.000.00%
1-2-2026₹78.00₹0.00₹78.000.00%
31-01-2026₹78.00₹0.00₹78.000.00%

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live PAN HR Solutions IPO GMP status at Univest.

Click and Sign Up to Get Live Updates on PAN HR Solutions IPO GMP Status

PAN HR Solutions IPO Subscription Status

As of now, the PAN HR Solutions IPO has been subscribed to 0.03 times. Of these, 0.06 times are subscribed by retail investors, 0.02 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of PAN HR Solutions’s IPO listing on 13th February 2026. PAN HR Solutions also has a positive outlook behind the fresh issue of 0.18 crore shares, which will raise around Rs 17.04 crores.

Note: GMP details are subject to change based on market conditions and fluctuations. Check the live PAN HR Solutions IPO Subscription status at Univest.

Click and Sign Up to Get Live Updates on PAN HR Solutions IPO Subscription Status

PAN HR Solutions IPO Details

IPO Allotment Date11th February 2026
IPO Open Date6th January 2026
IPO Close Date10th February 2026
Refund Initiation 12th February 2026
Issue Size21,84,000 shares(agg. up to ₹17 Cr)
Fresh Issue14,20,800 shares(agg. up to ₹11 Cr)
Offer for Sale3,84,000 shares of ₹10(agg. up to ₹3 Cr)
Face Value₹10 per share
Lot Size1,600 Shares
Issue Price ₹74 to ₹78 per share
Issue TypeBookbuilding IPO
Listing AtBSE SME
Listing Date13th February 2026

Also Read: PAN HR Solutions IPO GMP & Review: Apply or Avoid?

Explanation

PAN HR Solutions IPO: PAN HR Solutions IPO Limited has declared an issue price band of ₹167 to ₹176 per share. With this IPO, the company allows retail investors to bid for at least 2 lots of 3,200 share, each worth ₹2,49,600. The face value of PAN HR Solutions IPO Limited shares is ₹10 per share. The shares of PAN HR Solutions IPO Limited will be listed on BSE and SME on its tentative listing day, 13th February 2026. Scroll down to check GMP updates and PAN HR Solutions IPO reviews. 

About PAN HR Solutions Ltd.

PAN HR Solutions Limited was founded in the year 2015. PAN HR Solutions provides human resource services, staffing services, payroll services, facility management services, compliance audit services, and e-commerce logistics services. The firm is operating on a B2B business model and provides end-to-end manpower solutions, ranging from unskilled to skilled blue-collar workers. The firm provides an end-to-end human resource solution service, including recruitment, payroll management, compliance auditing, facility management, and staffing solutions.

PAN HR Solutions Limited Financials

The company’s financial analysis is essential before applying for the PAN HR Solutions IPO. See the table for PAN HR Solutions Limited’s financials. 

Year Ended30th Nov 2025 (in cr.)31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets43.7236.0642.3137.07
Revenue154.23283.69281.92256.36
Profit After Tax5.135.024.203.88
EBITDA6.346.865.195.37
Net Worth23.3918.2614.0412.14
Reserves and Surplus17.9818.2414.0212.12
Total Borrowings0.080.030.60

Explanation

PAN HR Solutions Limited’s revenue increased by 0.62% from ₹281.92 crores in March 2024 to ₹283.69 crores in March 2025. Moreover, the company’s PAT increased by 19.52% from ₹4.20 crores in March 2024 to ₹5.02 crores in March 2025.

PAN HR Solutions IPO Objectives

The primary aim of the PAN HR Solutions IPO is to raise ₹17.04 crores. On the other hand, PAN HR Solutions has decided to utilise these funds in different ways.

  • To Funding working capital requirements of the Company
  • To Pre-payment or repayment of certain outstanding borrowings availed by the company
  • To General Corporate Expenses.

PAN HR Solutions IPO Registrar

Maashitla Securities Private Limited is the registrar for the PAN HR Solutions IPO, awaiting the allotment process and initiating refunds. For any queries regarding the PAN HR Solutions allotment and refund, you can contact Maashitla Securities Private Limited at 

investor.ipo@maashitla.com or at +91-11-45121795-96.

Download the Univest iOS App or Univest Android App to get daily stock recommendations and insightful research pieces! 

PAN HR Solutions IPO Review

PAN HR Solutions IPO Review

The PAN HR Solutions IPO has gained neutral ratings from industry experts, brokers, and institutional investors. PAN HR Solutions Limited’s revenue increased by 0.62% from ₹281.92 crores in March 2024 to ₹283.69 crores in March 2025. Moreover, the company’s PAT increased by 19.52% from ₹4.20 crores in March 2024 to ₹5.02 crores in March 2025.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for additional ratings to get a clearer picture and will keep posting them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the PAN HR Solutions IPO or not.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 8.41
EPS (Earnings Per Share)9.27
RoNW21.94%
ROCE26.76%
ROE24.64
EBITDA Margin4.12%
Price to Book Value2.11
Market Capitalisation₹56.25 Cr

The P/E ratio of PAN HR Solutions Limited shares is 8.41, and its Earnings Per Share (EPS) stands at 9.27. Thus, the PAN HR Solutions IPO can deliver gains on its tentative listing date, 13th February 2026. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of PAN HR Solutions Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio8.417.31
EPS 9.277.31

FAQs on PAN HR Solutions IPO

What is the PAN HR Solutions IPO GMP?

Currently, on 6th February 2026, the PAN HR Solutions IPO GMP (Grey Market Premium) stands at ₹0. This indicates that the estimated listing price could be ₹78.00 per share.

What is the issue price of the PAN HR Solutions IPO?

The PAN HR Solutions IPO issue price band is set at ₹74 to ₹78 per share. Retail investors can apply for a minimum of 2 lots, each consisting of 3,200 shares, worth ₹2,49,600. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹3,74,400.

Who is the registrar of the PAN HR Solutions IPO?

Maashitla Securities Private Limited is the registrar for the PAN HR Solutions IPO, awaiting the allotment process and initiating refunds. For any queries regarding the PAN HR Solutions allotment and refund, you can contact Maashitla Securities Private Limited at 

investor.ipo@maashitla.com or at +91-11-45121795-96.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the PAN HR Solutions IPO, download the PAN HR Solutions IPO RHP and PAN HR Solutions IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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