ad

PAN HR Solutions IPO Review 2026: GMP Steady, Key Investor Insights

Posted by : sachet | Tue Feb 03 2026

PAN HR Solutions IPO Review 2026: GMP Steady, Key Investor Insights

PAN HR Solutions IPO is open for bidding from 6th February 2026 to 10th February 2026. It is a bookbuilding IPO of ₹17.06 crore, comprising an entirely fresh issue of 0.29 crore shares and an offer-for-sale of 0.04 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 13th February 2026. 

PAN HR Solutions IPO Details 

The PAN HR Solutions IPO date is fixed between 6th February 2026 to 10th February 2026. The face value of PAN HR Solutions shares stands at ₹10 per share, and the IPO Issue price band is set at ₹74 to ₹78 per share

Maashitla Securities Private Limited is the registrar of the PAN HR Solutions IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

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)
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

PAN HR Solutions IPO Share Reservation

Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.18 crore shares worth ₹17.04 crore. PAN HR Solutions IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesShares Offered Shares Percentage
Market Maker Shares Offered3,79,20017.36%
QIB Shares Offered8,97,60041.10%
NII (HNI) Shares Offered2,73,60012.53%
Retail Shares Offered6,33,60029.01%
Total Shares Offered21,84,000100.00%

PAN HR Solutions IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the PAN HR Solutions IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DATEIPO PriceGMP PriceEstimated Listing PriceEstimated Gain
8-2-2026
7-2-2026
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%

As of 6th February 2026, PAN HR Solutions IPO GMP stands at ₹0.00 per share, which means the share will likely list at ₹78.00 on its tentative listing date, 13th February 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the PAN HR Solutions IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends. 

PAN HR Solutions IPO GMP Review

PAN HR Solutions IPO GMP Review

Check out the detailed PAN HR Solutions GMP IPO review for a thorough understanding of its potential to report listing gains on 13th February 2026. The PAN HR Solutions IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the PAN HR Solutions IPO.

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 has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the PAN HR Solutions IPO, with its tentative listing day set for 13th February 2026. 

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the PAN HR Solutions IPO.

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

PAN HR Solutions IPO Subscription Status

The PAN HR Solutions IPO will open for bidding on 4th February 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live PAN HR Solutions IPO Subscription Status. 

Investor CategoriesShares Offered Shares PercentageShares SubscribedSubscription to the Times
Market Maker Shares Offered3,79,20017.36%Yet to be announcedYet to be announced
QIB Shares Offered8,97,60041.10%Yet to be announcedYet to be announced
NII (HNI) Shares Offered2,73,60012.53%Yet to be announcedYet to be announced
Retail Shares Offered6,33,60029.01%Yet to be announcedYet to be announced
Total Shares Offered21,84,000100.00%Yet to be announcedYet to be announced

About PAN HR Solutions Limited

PAN HR Solutions Limited

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 Limited IPO Promoter Holdings

Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.

Shareholding Pre-Issue90.92%
Shareholding Post-Issue

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the PAN HR Solutions IPO

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.

Should I Invest in the PAN HR Solutions IPO?

Explore the pros and cons of PAN HR Solutions to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades. 

Pros of the PAN HR Solutions IPO

  • The company has experienced leadership and a management team.
  • The company has an extensive workforce deployment.
  • The company has a comprehensive service portfolio.

Cons of the PAN HR Solutions IPO

  • The company has a regulatory & labor compliance exposure.
  • The company has cash flow issues historically
  • The company has a dependence on the sector & raw materials

How to Apply for the PAN HR Solutions IPO?

Apply for the PAN HR Solutions IPO

Check the steps mentioned below to apply for PAN HR Solutions Ltd.

  • Step 1: Conduct thorough research on the PAN HR Solutions IPO GMP, subscription status, issue size, lot size, and other details. 
  • Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Make a bid for 2 lots of 3,200 shares worth ₹2,49,600
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the PAN HR Solutions IPO across multiple demat accounts to increase your chances of allotment. 

How to Check the PAN HR Solutions IPO Allotment Status?

You can check for the PAN HR Solutions IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On BSE

  • Visit the BSE Official Site
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the PAN HR Solutions IPO.  
  • Choose whether to proceed with the PAN number or the application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal.
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your PAN HR Solutions IPO allotment status.

Let’s Wrap

PAN HR Solutions IPO is a bookbuilding issue of shares worth ₹17.06 crores. The shares of PAN HR Solutions Limited will be listed on NSE and SME on its tentative listing date of 13th February 2026. Researching the PAN HR Solutions IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on PAN HR Solutions IPO

How is the PAN HR Solutions IPO?

Ans. Currently, on 6th February 2026, the PAN HR Solutions GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹78 per share. It is a bookbuilding IPO of ₹17.04 shares. The face value of each PAN HR Solutions share is ₹10 per share. 

What is the PAN HR Solutions IPO price?

Ans. The PAN HR Solutions IPO issue price band is set at ₹74 to ₹78 per share. 

Is the PAN HR Solutions IPO a good investment?

Ans. 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.

Who is the registrar of the PAN HR Solutions IPO?

Ans. 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.

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

Ans. PAN HR Solutions IPO is a bookbuilding IPO of ₹17.04 crores. Moreover, the IPO is set to open on 6th February 2026 and close on 10th February 2026. 

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.

Recent Article

CKK Retail Mart IPO GMP & Subscription Status: Day 2 IPO Live Updates

Hannah Joseph Hospital IPO Listing at 7.14% Discount at ₹65 Per Share

Grover IPO GMP & Review: Apply or Avoid? Key Details for Investors

Brandman Retail IPO GMP Analysis: Apply or Avoid Decision for Investors

Capri Global Capital Q3 Results 2026 Highlights: Net Profit Surged by 99.43% & Revenue Up 48.67% YoY