Allotment

PAN HR Solutions IPO is a book-built issue aggregating to ₹17.04 crore. The issue comprises a fresh issue of 0.18 crore equity shares amounting to ₹14.04 crore and an offer for sale of 0.04 crore equity shares worth ₹3.00 crore.
The IPO will open for subscription on February 6, 2026, and close on February 10, 2026. The allotment is expected to be finalized on February 11, 2026, and the shares are proposed to be listed on the BSE SME platform on February 13, 2026.
The price band for the PAN HR Solutions IPO is fixed at ₹74 to ₹78 per share. The lot size is 1,600 shares. Retail investors are required to apply for a minimum of 2 lots (3,200 shares), translating to an investment of ₹2,49,600 at the upper price band. For HNI investors, the minimum application size is 3 lots (4,800 shares), amounting to ₹3,74,400.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead manager for the issue, while Maashitla Securities Pvt. Ltd. is acting as the registrar. Giriraj Stock Broking Pvt. Ltd. has been appointed as the market maker for the IPO.
₹780%
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Total Traded Value
52 Weeks High
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Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 13 Feb |
| IPO Listing Date | 13 Feb |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹78.00 |
| IPO Issue Size | 21,84,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 54,11,058 shares |
| IPO Open Date | 6 Feb |
| IPO Close Date | 10 Feb |
| IPO Allotment (Tentative) | 11 Feb |
| Refunds | 12 Feb |
| Credit to Demat Account | 12 Feb |
| IPO Listing Date | 13 Feb |
| Category | Offer |
|---|---|
| QIB Shares Offered | 8,97,600 Shares |
| NII (HNI) Shares Offered | 2,73,600 Shares |
| Retail Shares Offered | 6,33,600 Shares |
Investors can apply for a minimum of 3,200 shares, and thereafter in multiples of 1,600 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,49,600 |
| Retail (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 |
Incorporated in 2015, PAN HR Solutions is engaged in providing human resource and allied services, including staffing, payroll management, facility management, compliance audits, and e-commerce logistics support.
The company operates on a B2B model, delivering comprehensive manpower solutions across multiple industries. Its services cater to a wide spectrum of workforce requirements, ranging from unskilled to skilled blue-collar personnel.
PAN HR Solutions offers end-to-end HR solutions as a one-stop service provider, covering recruitment, staffing, payroll administration, compliance management, and facility support.
Service Offerings
Manpower Services: Recruitment of personnel across various industries and job functions.
Payroll Services: End-to-end payroll management in compliance with statutory requirements such as Employees’ Provident Fund (EPF), ESIC regulations, Professional Tax, and other applicable laws.
Facility Management: Provision of housekeeping staff, pantry staff, office assistants, and other support personnel.
Staffing Solutions: Deployment of workforce for various roles, including delivery personnel and operational staff.
Compliance Audits: Independent compliance auditing services to ensure adherence to regulatory requirements and maintenance of proper statutory records.
As of November 30, 2025, the company had a workforce of 10,374 personnel deployed across various client locations.
Competitive Strengths
| Assets | 43.72 | 36.06 | 42.31 |
| Total Income | 154.23 | 283.69 | 281.92 |
| Profit After Tax | 5.13 | 5.02 | 4.2 |
| EBITDA | 6.34 | 6.86 | 5.19 |
| NET Worth | 23.39 | 18.26 | 14.04 |
| Reserves and Surplus | 17.98 | 18.24 | 14.02 |
| Total Borrowing | 0.08 | - | 0.03 |
| ROE | 24.64 |
| ROCE | 26.76% |
| Debt/Equity | - |
| RoNW | 21.94% |
| PAT Margin | 3.33% |
| EBITDA Margin | 4.12% |
| Price to Book Value | 2.11 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 9.75 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
PAN HR Solutions Ltd. Address
A – 42/03, Second floor, Sector-62,
Gautam Buddha Nagar
Noida, Uttar Pradesh, 201301
+91 74288 52201
cscompliance@panhr.in
http://www.panhr.in/
IPO Registrar
Maashitla Securities Pvt.Ltd.
+91-11-45121795-96
investor.ipo@maashitla.com
https://maashitla.com/allotment-status/public-issues