PAN HR Solutions IPO Allotment Status 2026: Subscription, Key Dates, GMP & How to Check

The PAN HR Solutions IPO, a highly awaited SME (Small & Medium Enterprise) public issue, has reached a crucial milestone with its allotment status finalisation on 11 February 2026 . Investors who applied during the subscription window are now closely tracking results ahead of the anticipated listing on 13 February 2026 on the BSE SME platform.

IPO Overview & Subscription Performance

The PAN HR Solutions IPO opened for subscription on 6 February 2026 and closed on 10 February 2026, with an issue size of approximately ₹ 17.04 crore. The IPO was priced between ₹ 74 and ₹ 78 per share, and each lot consisted of 1,600 shares, implying a minimum investment of around ₹ 2,49,600 at the upper price band.

Subscription trends showed strong investor interest in the SME issue, with reports indicating the IPO was subscribed around 11.85 times overall by the closing day. Category-wise demand saw strong participation from non-institutional investors (NIIs) at 25.41 times, retail investors at 8.99 times, and qualified institutional buyers (QIBs) at 6.57 times. This robust subscription underscores significant appetite for the company’s offerings in human resource and staffing services.

Despite strong subscription data, the Grey Market Premium (GMP) — often used to gauge expected listing gains — remained largely flat or subdued leading up to allotment, aligning with concerns about short-term listing pops in niche SME issues compared to larger mainboard IPOs.

Key IPO Timeline & Dates

Here’s a summary of the major PAN HR Solutions IPO dates:

• 📅 IPO Open Date: 6 February 2026
• 📅 IPO Close Date: 10 February 2026
• 📅 Allotment Finalised: 11 February 2026
• 📅 Refund Initiation: 12 February 2026
• 📅 Shares Credited: 12 February 2026
• 📅 IPO Listing Date: 13 February 2026

These dates are significant for applicants, as successful allottees will see shares credited to their demat accounts on 12 February 2026 ahead of the official BSE SME listing on 13 February 2026. Those not allotted shares will have their application funds refunded starting 12 February 2026.

How to Check PAN HR Solutions IPO Allotment Status

Investors can check their IPO allotment status through multiple channels once it’s live:

1. Registrar’s Portal (Maashitla Securities Pvt Ltd)
   • Visit the registrar’s IPO allotment page.
   • Select “PAN HR Solutions” under the company list.
   • Enter either your PAN number, Application Number, or Demat Account number.
   • Click Submit to view your allotment result.
2. BSE SME Allotment Checker
   • Go to the BSE SME IPO allocation page.
   • Choose “Equity” as the issue type and select “PAN HR Solutions”.
   • Enter your PAN or application number and verify to see your status.
3. Broker Portal or App
   • Most brokerage platforms (e.g., Groww, Zerodha, Angel One) also display IPO allotment results in the IPO/Orderbook section once published publicly.

This multi-channel access ensures investors can easily confirm whether they have been allotted shares as part of this SME issue.

Final Notes

The PAN HR Solutions IPO represents an opportunity in the human resource and staffing services sector, reflected in strong subscription figures and investor interest. With allotment results finalised and listing just around the corner, investors will be watching the debut performance closely.