IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 897,600 (41%) | — | ₹700 Cr |
| NII (HNI) | — | 273,600 (13%) | — | ₹213 Cr |
| Retail | — | 633,600 (29%) | — | ₹494 Cr |
| Market Maker | — | 379,200 (17%) | — | ₹296 Cr |
| Σ Total | — | 2,184,000 (100%) | — | ₹17,035 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹124,800 |
| Retail (Max) | 13 | 20,800 | ₹1,622,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,747,200 |
| B-HNI (Min) | 67 | 107,200 | ₹8,361,600 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 154 | 284 | 282 |
| EBITDA | 6 | 7 | 5 |
| Profit After Tax | 5 | 5 | 4 |
| Net Worth | 23 | 18 | 14 |
| Total Assets | 44 | 36 | 42 |
| Reserves & Surplus | 18 | 18 | 14 |
| Total Borrowing | 0 | — | 0 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding working capital requirements of the Company – 9.75
- Pre-payment or repayment of certain outstanding borrowings availed by Company –
- General Corporate Purposes –
Company Overview
Incorporated in 2015, PAN HR Solutions offers human resource, staffing, payroll, facility management, compliance audits, and e-commerce logistics services.
The company operates on a B2B model and provides comprehensive manpower solutions, catering to a range of roles from unskilled to skilled blue-collar workers.
The company offer an end-to-end HR solution including recruitment, payroll management, compliance auditing, facility management, staffing solutions as a one-stop provider.
Service offerings:
- Manpower Services: Recruitment of personnal across various industries.
- Payroll Services: End-to-end payroll management complying with statutory regulations like Employees Provident Fund (EPF), ESIC regulations, Professional Tax, etc.
- Facility Management: Housekeeping staff, pantry staff, office assistants, and other support staff.
- Staffing Solution: Staffing srevices for various roles like delivery personnel.
- Compliance Audit: Independence compliance auditing services to ensure compliance with regulations and maintaing proper records.
As of November 30, 202, the company had employed 10,374personnel working at different client locations.
Competitive Strengths:
- Extensive Workforce Deployment
- Strong Compliance and Regulatory Expertise
- Experienced Leadership and Management Team
- Comprehensive Service Portfolio