PAN HR Solutions Subscription
Last updated on 06-Feb-2026 16:48:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 360000 | 1267200 | 3.52 |
| HNIs | 273600 | 4800 | 0.02 |
| bHNI | 182400 | 0 | 0 |
| sHNI | 91200 | 4800 | 0.05 |
| Individual | 633600 | 67200 | 0.11 |
| Total | 1267200 | 1339200 | 1.06 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (3-10L) | 19 | 1 | 0.05 |
| Individual | 198 | 21 | 0.11 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.4 | @8% ₹0.4 | @9% ₹0.5 | @10% ₹0.5 | @11% ₹0.6 | @12% ₹0.6 |
PAN HR Solutions Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 3200 | 249600 | 198 |
| sHNI | 3 | 4800 | 374400 | 19 |
| bHNI | 9 | 14400 | 1123200 | 38 |
PAN HR Solutions Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 537600 | 24.62% |
| QIB | 360000 | 16.48% |
| HNI | 273600 | 12.53% |
| INDIVIDUAL | 633600 | 29.01% |
| Market Maker | 379200 | 17.36% |
| Total | 2184000 | 100% |
PAN HR Solutions About
IPO Details
| Total Issue Size | 21,84,000shares (aggregating up to ₹17.03 Cr) |
| Fresh Issue | 18,00,000 shares (aggregating up to ₹14.04 Cr) |
| Offer For Sale | 3,84,000 shares (aggregating up to ₹2.99 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 54,11,058 shares |
| Share Holding Post Issue | 72,11,058 shares |
| Reserved for Market Maker | 3,79,200 shares (aggregating up to ₹2.95 Cr) |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. |
Key Performance Indicators (KPI)
| KPI | Nov-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| ROE | 24.64% | 31.05% | 32.12% | 45.73% |
| ROCE | 26.76% | 38.30% | 40.35% | 42.51% |
| EPS (BASIC) | 9.48 | 10.17 | 8.55 | 7.89 |
| P/E Pre IPO | 8.41 | |||
| P/E Post IPO | 7.31 |
Company Financial (In ₹Crore)
| Period Ended | Nov-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Assets | 43.72 | 36.06 | 42.31 | 37.07 |
| Total Income | 154.23 | 283.69 | 281.92 | 256.36 |
| Profit After Tax | 5.13 | 5.02 | 4.2 | 3.88 |
| EBITDA | 6.34 | 6.86 | 5.19 | 5.37 |
| NET Worth | 23.39 | 18.26 | 14.04 | 12.14 |
| Reserves and Surplus | 17.98 | 18.24 | 14.02 | 12.12 |
| Total Borrowing | 0.08 | 0.03 | 0.6 |
Peer Comparison (Valuation)
| Company | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| PAN HR Solution Limited | 8.41 | 78.00 | 10.00 |
| Itcons ESolutions Limited | 63.20 | 406.40 | 10.00 |
| Happy Square Outsourcin g Services Limited | 8.27 | 58.50 | 10.00 |
| Spectrum Talent Manageme nt Limited | 24.39 | 76.35 | 10.00 |
Peer Comparison (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| PAN HR Solution Limited | 37.01 | 27.47 | 10.17 |
| Itcons ESolutions Limited | 73.80 | 8.76 | 3.17 |
| Happy Square Outsourcin g Services Limited | 14.84 | 47.64 | 7.07 |
| Spectrum Talent Manageme nt Limited | 66.38 | 4.72 | 2.94 |
About Company
Incorporated in 2015, PAN HR Solutions is a B2B service provider offering integrated human resource and workforce management solutions. The Company delivers end-to-end manpower and support services across multiple industries, catering to workforce requirements ranging from unskilled to skilled blue-collar roles.
PAN HR Solutions operates as a one-stop HR solutions provider, covering the complete employee lifecycle from recruitment to compliance, enabling clients to outsource non-core workforce functions efficiently.
Key Service Offerings
Manpower Services: Recruitment and deployment of personnel across diverse industries and job roles.
Payroll Services: End-to-end payroll processing with compliance to statutory requirements including EPF, ESIC, Professional Tax and other applicable regulations.
Facility Management: Provision of housekeeping staff, pantry staff, office assistants and other support personnel.
Staffing Solutions: Workforce deployment for roles such as delivery and logistics personnel.
Compliance Audit: Independent compliance audits to ensure adherence to labour laws and maintenance of statutory records.
Strength
Wide Workforce Deployment: A large, well-managed workforce deployed across locations ensures uninterrupted service delivery, supported by strong supervision and productivity monitoring.
Strong Statutory Compliance: Full compliance with GST, PF, ESIC, and labour laws minimizes legal risk and ensures smooth, transparent operations.
Experienced Leadership: Promoters and senior management bring over a decade of HR industry experience, supporting consistent growth and execution.
Weakness
Customer Concentration Risk: A significant portion of revenue comes from a limited number of customers, including top 10 clients. Loss of key customers or inability to maintain relationships may adversely impact business performance.
Geographical Revenue Concentration: Major revenue is derived from Delhi, Haryana, and Uttar Pradesh. Any adverse economic, competitive, or demographic developments in these regions could affect revenues and operations.
Industry Demand Dependence: Revenue depends on demand from select industries for manpower and allied services. Any slowdown in these industries or ineffective sales management could negatively impact business results.
PAN HR Solutions Lead Manager(s)
PAN HR Solutions Address
A - 42/03, Second floor, Sector-62,
Gautam Buddha Nagar
Noida, Uttar Pradesh, 201301
Phone: +91 74288 52201
E-Mail: cscompliance@panhr.in
Website: http://www.panhr.in/