PAN HR Solutions IPO Details
The key details of PAN HR Solutions’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹17.04 Crores |
| Price Range | ₹74 - ₹78 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,49,600 |
| Pre IPO Promotor Holding | 90.92% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
PAN HR Solutions IPO Timelines
The IPO process for PAN HR Solutions includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
06/02/2026
Start Date10/02/2026
End Date12/02/2026
Refund Initiation12/02/2026
Credit of Shares to Demat Ac13/02/2026
Listing DatePAN HR Solutions IPO Lot Size
The PAN HR Solutions IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹78 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,49,600. For Small HNI (S-HNI) investors, the minimum application is 4,800 shares (3 lots) worth ₹3,74,400, while the maximum is 12,800 shares (8 lots) amounting to ₹9,98,400. Big HNI (B-HNI) investors need to apply for at least 14,400 shares (9 lots), totaling ₹11,23,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,49,600 |
| Retail Maximum | 2 | 3200 | ₹2,49,600 |
| S-HNI Minimum | 3 | 4800 | ₹3,74,400 |
| S-HNI Maximum | 8 | 12800 | ₹9,98,400 |
| B-HNI Minimum | 9 | 14400 | ₹11,23,200 |
PAN HR Solutions IPO Subscription Status
The subscription status for PAN HR Solutions IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
PAN HR Solutions IPO Company Financials
PAN HR Solutions reports robust performance in FY2025 with Total Income of ₹283.69 crores, managing expenses at ₹276.76 crores, and achieving a strong PAT (Profit After Tax) of ₹5.02 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹256.36 | ₹250.99 | ₹3.88 |
| FY 2024 | ₹281.92 | ₹276.28 | ₹4.20 |
| FY 2025 | ₹283.69 | ₹276.76 | ₹5.02 |
| FY 2026 (8 M) | ₹154.23 | ₹147.97 | ₹5.13 |
About Company
Incorporated in 2015, PAN HR Solutions provides human resource, staffing, payroll, facility management, compliance audit, and e-commerce logistics services under a B2B operating model. Comprehensive manpower solutions are delivered across a wide range of roles, covering unskilled to skilled blue-collar workforce requirements, with an emphasis on functioning as a single-window, end-to-end HR service provider.
Service offerings include manpower recruitment across industries, end-to-end payroll management in compliance with statutory regulations such as EPF, ESIC, and Professional Tax, facility management services including housekeeping and office support staff, staffing solutions for roles such as delivery personnel, and independent compliance audits to ensure regulatory adherence and proper record maintenance. As of November 30, 2021, a workforce of 10,374 personnel was deployed across multiple client locations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2015 | Corporate Solutions | Rajeev Kumar |
Know Before Investing
PAN HR Solutions IPO Strengths
- PAN HR Solutions delivers end-to-end B2B workforce management covering recruitment, payroll processing, statutory compliance, facility services, and e-commerce logistics staffing for diverse industrial needs.
- Manages over 10,300 blue and white-collar personnel across manufacturing, logistics, and services, demonstrating proven execution capability for high-volume client requirements.
- Strong presence in rapidly expanding e-commerce, logistics, and manufacturing segments creates multiple revenue streams aligned with India’s formalisation trends.
- Invoices clients first then disburses salaries and statutory dues, minimising working capital requirements while ensuring compliance and cash flow stability.
- Handles complex EPF, ESIC, professional tax, and labour regulations across states, providing clients single-point accountability for regulatory risk mitigation.
- One-stop HR services from manpower supply to facility management create switching barriers and long-term relationships with corporate customers.
PAN HR Solutions IPO Risks
- Heavy reliance on manpower deployment exposes EBITDA margins to wage inflation, PF/ESIC hikes, and contractual worker attrition pressures.
- Revenue model dependent on timely corporate payments creates cash flow gaps if major clients delay invoices during economic slowdowns.
- B2B model vulnerable to loss of key e-commerce/logistics clients consolidating vendors or shifting to in-house manpower management.
- Multi-state labour laws, statutory amendments, and inspection risks demand continuous investment in legal expertise and systems.
- Deploying skilled/unskilled workers across industries requires sophisticated recruitment and training infrastructure amid talent shortages.
- TeamLease, Quess Corp, and regional players pressure pricing through aggressive bidding in corporate staffing contracts.
- Rapid workforce expansion demands upfront salary funding before client reimbursements, straining liquidity ratios.
Swot Analysis for PAN HR Solutions IPO
Strengths
Pan-India Service Network, Senior-Mid-Junior Placement, Proven Logistics Expertise
Weaknesses
Small Core Team, Regional HQ Concentration, Service Fragmentation
Opportunities
Gig Economy Expansion, Payroll Outsourcing Boom, Logistics Manpower Surge
Threats
Talent Crunch, Competition Intensity, Economic Slowdown
Company Details
PAN HR Solutions Ltd.
A – 42/03, Second floor, Sector-62, Gautam Buddha Nagar, Noida, Uttar Pradesh, 201301
Phone: +91 74288 52201
Email: cscompliance@panhr.in
Website: http://www.panhr.in/
IPO Registar Details
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of PAN HR Solutions SME IPO are:
- Funding working capital requirements of the Company
- Pre-payment or repayment of certain outstanding borrowings availed by Company
- General Corporate Purposes
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead managers for the PAN HR Solutions IPO.
PAN HR Solutions’ growth potential is supported by rising demand for organized staffing and facility management across e commerce, logistics, manufacturing, and IT sectors. Its large deployed workforce, recurring client relationships, and shift toward the Pay and Collect model can improve scalability and drive steady volume led expansion over time.
The issue price for the PAN HR Solutions IPO is set between ₹74 to ₹78 per share.
To invest in two lot of PAN HR Solutions IPO, you need ₹2,36,800 at the lower price band (₹74 per share) or ₹2,49,600 at the upper price band (₹78 per share) for a lot size of 3200 shares.
PAN HR Solutions IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on February 13, 2026.
Refund/unblocking of funds for PAN HR Solutions IPO will begin on February 12, 2026. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your PAN HR Solutions IPO shares on listing day (February 13, 2026) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.