PAN HR Solutions IPO GMP

February 6, 2026 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

PAN HR Solutions IPO opens for subscription on February 6, 2026, and closes on February 10, 2026, with an issue size of ₹17 crore comprising 21.84 lakh equity shares for listing on BSE SME on February 13. This Gurugram-based staffing firm delivers end-to-end HR solutions including payroll, compliance, and temporary workforce deployment across IT, manufacturing, and healthcare sectors nationwide. PAN HR Solutions IPO appeals to investors eyeing organized staffing consolidation amid labor reforms and gig economy acceleration.

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Latest IPO GMP

Last updated on 11 Feb 2026 19.34

₹78

IPO Offer Price

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Listing Price

Listing Date 13/02/2026

Expert Opinions

Market sentiment for PAN HR Solutions IPO remains steady among SME investors seeking staffing sector exposure, buoyed by labor code implementations and gig economy momentum. Company strengths lie in diversified client base across IT and manufacturing, scalable tech payroll platform, nationwide footprint with 25% repeat business, and agile contract staffing model yielding high margins.

Risks center on client concentration risks, seasonal hiring cyclicality, 28% employee attrition impacting execution, and wage inflation pressures squeezing spreads. Valuation analysis for PAN HR Solutions IPO and year 2025 showcases Return on Equity (ROE) of 31.05%, ROCE of 38.30%, and Net Asset Value (NAV) of ₹37.01, positioning attractively against sector peers at 2-3x sales. Long-term investment perspective supports compounding returns as organized staffing captures 15% market share from unorganized players through digital transformation.

Investor Considerations

PAN HR Solutions IPO delivered steady company performance and fundamentals in FY 2025, with revenue marginally advancing to ₹283.69 crore from ₹281.92 crore alongside PAT growth to ₹5.02 crore, reflecting stable payroll processing and staffing volumes amid economic recovery. India’s staffing sector outlook projects 12% CAGR through organized consolidation, labor reforms, and gig economy expansion creating formal job linkages.

IPO Valuation of Financial Year 2025 for PAN HR Solutions IPO and year presents Price to Book Value of 2.32, PAT Margin of 1.75%, and EBITDA Margin of 2.42%, indicating disciplined pricing within SME staffing multiples. Growth prospects target southern expansion and digital recruitment platforms driving 20% topline acceleration. Risk factors encompass client concentration dependency, high attrition cycles, wage inflation pressures, and regulatory compliance costs. Short-term investment goals navigate SME listing premiums cautiously, whereas long-term horizons capture market share gains from unorganized competition.