PAN HR Solutions Limited is entering the public markets through SME IPO with an issue size of ₹17.04 crore. The issue consists of a fresh issue of ₹14.04 crore and an offer for sale of ₹3.00 crore. The shares are proposed to be listed on NSE & SME.
The IPO subscription window opens on February 6, 2026 and will remain open until February 10, 2026. The company plans to list its shares on February 13, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
PAN HR Solutions Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of PAN HR Solutions Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | PAN HR Solutions Limited |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue + Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Price | ₹74 – ₹78 Per Share |
| Lot Size | 1,600 Shares |
| Face Value | ₹10 Per Share |
| Exchange | NSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 379,200 | 17.36% |
| Qualified Institutional Buyers (QIB) | 897,600 | 41.10% |
| — Anchor Investor | 537,600 | 24.62% |
| — QIB (Ex Anchor) | 360,000 | 16.48% |
| NII (HNI) | 273,600 | 12.53% |
| — bNII > ₹10L | 182,400 | 8.35% |
| — sNII < ₹10L | 91,200 | 4.18% |
| Retail | 633,600 | 29.01% |
| Total Shares Offered | 2,184,000 | 100.00% |
PAN HR Solutions Limited IPO Important Dates
The following table highlights the key dates for the PAN HR Solutions Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 06 Feb 2026 |
|---|---|
| IPO Closing Date | 10 Feb 2026 |
| Allotment Finalization | 11 Feb 2026 |
| Initiation of Refunds | 12 Feb 2026 |
| Credit of Shares | 12 Feb 2026 |
| IPO Listing Date | 13 Feb 2026 |
PAN HR Solutions Limited IPO Size & Structure
| Total IPO Size | ₹17.04 Crore |
|---|---|
| Offer For Sale | ₹3.00 Crore |
| Fresh Issue | ₹14.04 Crore |
PAN HR Solutions IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the PAN HR Solutions IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹74 to ₹78 per share.
Investors can apply for the IPO with a minimum of 1600 shares. Applications must be made in multiples of 1600 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 9 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹78 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹78 | ₹249,600 |
| Retail (Max) | 2 | 3,200 | ₹78 | ₹249,600 |
| S-HNI (Min) | 3 | 4,800 | ₹78 | ₹374,400 |
| S-HNI (Max) | 8 | 12,800 | ₹78 | ₹998,400 |
| B-HNI | 9 | 14,400 | ₹78 | ₹1,123,200 |
PAN HR Solutions Limited IPO GMP (Grey Market Premium)
The latest PAN HR Solutions Limited IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current PAN HR Solutions Limited IPO GMP is ₹0 (0.00%), compared to the IPO issue price of ₹78. Based on the current GMP, the expected listing price is around ₹78. The Lowest GMP was ₹0 on 13 Feb 2026, while the highest GMP reached ₹0 on 13 Feb 2026.
PAN HR Solutions Limited IPO was listed on the stock exchange on 13 Feb 2026. The IPO was subscribed 9.22 times. The first reported GMP was ₹0 (0%), while the latest recorded GMP stood at ₹0 (0%).Listing Details:
- Issue Price: ₹78 per share.
- Listing Price: ₹78.35 (approx. 0.45% gain)
- Listing Date: 13 Feb 2026
PAN HR Solutions Limited IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 13 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 12 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 11 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 10 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 09 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 07 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 06 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 05 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 04 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
| 03 Feb 2026 | ₹78 | ₹0 | 0% | ₹78 | ₹0 |
PAN HR Solutions Limited IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at PAN HR Solutions Limited fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the PAN HR Solutions Limited IPO.
PAN HR Solutions Limited IPO Subscription Status
PAN HR Solutions Limited IPO was subscribed 9.22 times overall on the final day of bidding (as of 10 Feb 2026).The subscription opened on 06 Feb 2026. The Retail portion was subscribed 8.66 times, while QIB and NII categories were subscribed 6.57 times and 11.22 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 06 Feb 2026 | 3.52x | 0.01x | 0.11x | — | 0.81x |
| 09 Feb 2026 | 3.52x | 0.82x | 0.72x | — | 1.37x |
| 10 Feb 2026 | 6.57x | 11.22x | 8.66x | — | 9.22x |
On the first day, the PAN HR Solutions Limited IPO received good initial interest, with early participation from QIB and Retail investors.
Demand for the PAN HR Solutions Limited IPO strengthened further on Day-2, driven mainly by higher bids from QIB, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 9.22x overall, reflecting strong demand from key investor categories, led by NII, followed by Retail and QIB investors. Overall subscription for the PAN HR Solutions Limited IPO increased from 0.81x on Day-1 to 9.22x by the final day.
PAN HR Solutions Limited IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 6.57x |
| Non-Institutional Investors (NII) | 11.23x |
| Retail Investors | 9.05x |
| Total | 9.37x |
PAN HR Solutions Limited IPO Allotment Status
The PAN HR Solutions Limited IPO allotment status was released on 11 Feb 2026. Investors who applied for the IPO can now check their PAN HR Solutions Limited allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 11 Feb 2026
- 📈 Listing Date: 13 Feb 2026
How to Check PAN HR Solutions Limited IPO Allotment Status Online?
Investors can check the PAN HR Solutions Limited IPO allotment status online through Maashitla Securities Pvt. Limited and NSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
Maashitla Securities Pvt.
to know more about the IPO registrar.
Check on Maashitla Securities Pvt. Limited (IPO Registrar)
- Visit → Maashitla Securities Private Limited
- Select PAN HR Solutions Limited
- Select
- Enter the relevant details to proceed further
- Click Submit to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose PAN HR Solutions Limited IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the PAN HR Solutions Limited IPO allotment status.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for PAN HR Solutions Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
PAN HR Solutions Limited was listed at ₹78.35, matching its IPO issue price. The stock closed at ₹78.01, showing a marginal gain of +₹0 (+0.01%). Investors ended the session with no meaningful profit or loss.
📌 IPO Issue Price and Lot Size
The IPO of PAN HR Solutions Limited was offered in the price band of ₹74 to ₹78 per share.
- The final issue price was fixed at ₹78.
- One lot consisted of 1600 shares.
- Minimum investment: ₹78 × 1600 = ₹124,800
- Investment after Day-1: ₹78.01 × 1600 = ₹124,816
- By the end of the listing session, investors made a profit of +₹16 per lot.
📌 IPO Subscription Analysis
With an overall subscription of 9.22×, supported by QIB participation of 6.57×, the IPO delivered steady listing gains. The stock debuted at 0.45% and closed at 0.01%.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 3.52x | 0.01x | 0.11x | 0.81x |
| Day 2 | 3.52x | 0.82x | 0.72x | 1.37x |
| Day 3 | 6.57x | 11.22x | 8.66x | 9.22x |
📌 Final Assessment
Overall Outcome: Average IPO
- Subscription Phase: Moderate investor participation
- Listing Phase: Neutral listing performance
- Investor Experience: Mild positive returns for investors
IPO Financial Summary
- Total Assets changed by -14.77% in FY 2024-2025.
- Total Revenue changed by 0.63% in FY 2024-2025.
- Profit After Tax changed by 19.52% in FY 2024-2025.
- Reserves & Surplus changed by 30.1% in FY 2024-2025.
- Total Borrowings turned negative in FY 2025.
| Metric | 2025-11-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 43.72 | 36.06 | 42.31 | 37.07 |
| Total Revenue (₹ Cr) | 154.23 | 283.69 | 281.92 | 256.36 |
| Profit After Tax (₹ Cr) | 5.13 | 5.02 | 4.20 | 3.88 |
| Reserves & Surplus (₹ Cr) | 17.98 | 18.24 | 14.02 | 12.12 |
| Total Borrowings (₹ Cr) | 0.08 | 0.00 | 0.03 | 0.60 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹9.75 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Funding working capital requirements of the Company | 9.75 | 100.00% |
| Total | 9.75 | 100% | |
PAN HR Solutions IPO Promoter Holding
| Promoter(s) | Rajeev Kumar and Rajni Kumari |
|---|---|
| Pre-Issue Holding | 90.92% |
PAN HR Solutions Limited IPO FAQs
The PAN HR Solutions Limited IPO is a SME Bookbuilding IPO with a total issue size of ₹17.04 crore. The issue consists of a fresh issue of ₹14.04 crore and an offer for sale of ₹3.00 crore.
The IPO will open for subscription on Fri, 06 Feb 2026 and will close on Tue, 10 Feb 2026.
The shares are being offered at a price band of ₹74 to ₹78 per equity share.
Investors can apply for the IPO with a minimum lot size of 1,600 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹249,600.
The shares of PAN HR Solutions Limited are expected to be listed on NSE & SME on Fri, 13 Feb 2026.
The Grey Market Premium (GMP) of PAN HR Solutions Limited IPO is ₹0.
The PAN HR Solutions Limited IPO was subscribed 9.37 times on the final day of subscription.
The retail portion is subscribed 8.66 times as of 10 Feb 2026.
The QIB portion is subscribed 6.57 times and the NII portion is subscribed 11.22 times .
The IPO registrar of PAN HR Solutions Limited is Maashitla Securities Pvt. Limited. Maashitla is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Wed, 11 Feb 2026.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Wed, 11 Feb 2026 on the registrar or exchange website.
Shares are expected to be credited by Thu, 12 Feb 2026.
Refunds for unsuccessful applicants will be initiated on Thu, 12 Feb 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
Listing details for PAN HR Solutions Limited are not available.
The latest share price of PAN HR Solutions Limited is currently not available.
Recent price movement data for PAN HR Solutions Limited is currently not available.
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