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15 Days Price Change

HRH Next Services IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 36  to  36 per share
Profile
Min Investment ₹36
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

HRH Next Services Ltd is a dynamic and innovative company specializing in a range of human resources and consulting services. With a commitment to excellence, HRH Next leverages cutting-edge technologies and industry best practices to deliver tailored solutions for clients across various sectors. The company excels in talent acquisition, workforce management, and strategic HR consulting. HRH Next Services Ltd stands out for its client-centric approach, fostering long-term partnerships through personalized service and adaptable strategies. Committed to staying ahead of industry trends, HRH Next is a trusted partner for businesses seeking efficient, effective, and forward-thinking HR solutions. Read More

Basic Info

Face Value 10 per share

Price 36  to  36 per share

P/E (x) 12.9

Sales( Cr.) 58

PAT( Cr.) 3

EPS 2.8

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr Ankit Sanjay Shah Mr Parikshit Pankaj Shah Mrs Tara Sanjay Shah

Pre Issue Share Holding 72.97%

Post Issue Share Holding 35.38%

Listing Details:

Listing Price: 41

Listing Gain: 12.2%

Current Price: 27

Gain On Issue: 27 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 27, 2023
Closing Date Dec 29, 2023
Allotment Jan 01, 2024
Refund Jan 02, 2024
Delivery of Shares Jan 02, 2024
Listing Date Jan 03, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 108,000
Retail (Max) 1 3000 108,000
S-HNI (Min) 2 6000 216,000
S-HNI (Max) 9 27000 972,000
B-HNI (Min) 10 30000 1,080,000

Objective of the Issue

1. Expansion of the Services by launching two Call Centres 2. Capital Expenditure towards purchase of Computer Systems 3. To meet the working capital requirements 4. To meet the Issue Expenses 5. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 1329000 88923390 66.9x
Retail 1329000 84537690 63.6x
EMP 0 0 0x
Total 2658000 176198820 66.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

HRH Next Services Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 24 44 51 45 58
Other Income 0 0 0 0 1
Total Income 24 44 51 46 59
Total Expenditure 23 41 44 39 49
Operating Profit 2 3 7 7 9
Interest 0 0 1 2 2
Depreciation 1 1 2 3 3
Exceptional Income / Expenses 0 0 -0 0 0
Profit Before Tax 0 1 5 3 4
Provision for Tax 0 0 2 1 1
Profit After Tax 0 1 3 2 3
Adjustments 0 0 0 0 0
Profit After Adjustments 0 1 3 2 3
Adjusted Earnings Per Share 0.4 1.5 4.5 2 2.4

HRH Next Services Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 6 7 10 21 37
Minority's Interest 0 0 0 0 0
Borrowings 0 1 1 4 3
Other Non-Current Liabilities 0 1 1 1 2
Total Current Liabilities 6 10 16 12 13
Total Liabilities 13 19 29 38 55
Fixed Assets 5 7 13 15 18
Other Non-Current Assets 1 1 1 0 3
Total Current Assets 7 10 14 23 34
Total Assets 13 19 29 38 55

HRH Next Services Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 2 0 0 0
Cash Flow from Operating Activities 2 2 3 -4 -1
Cash Flow from Investing Activities -3 -3 -8 -3 -9
Cash Flow from Financing Activities -1 -0 5 7 10
Net Cash Inflow / Outflow -2 -1 -0 0 0
Closing Cash & Cash Equivalent 2 0 0 0 1

HRH Next Services Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.41 1.5 4.48 2 2.38
CEPS(Rs) 1.76 3.3 7.1 4.75 4.85
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 9.74 11.24 16.85 22.79 27.7
Core EBITDA Margin(%) 6.28 6.52 14.41 14.35 14.56
EBIT Margin(%) 3.14 4.29 10.78 9.65 10.23
Pre Tax Margin(%) 1.53 3.2 9 6.21 6.88
PAT Margin (%) 1.04 2.11 5.43 4.06 5.43
Cash Profit Margin (%) 4.51 4.64 8.61 9.64 11.07
ROA(%) 1.94 5.88 11.69 5.53 6.8
ROE(%) 4.17 14.3 31.86 11.73 10.91
ROCE(%) 7.53 17.64 34.74 17.01 15.33
Receivable days 47.61 41.07 67.58 98.84 77.08
Inventory Days 0 0 0 0 0
Payable days 0 0 0 0 0
PER(x) 0 0 0 14.24 22.52
Price/Book(x) 0 0 0 1.25 1.93
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.11 0.1 0.2 0.8 1.38
EV/Core EBITDA(x) 1.67 1.48 1.33 5.24 8.67
Net Sales Growth(%) 0 82.73 15.82 -11.27 27.49
EBIT Growth(%) 0 149.76 191.31 -20.58 35.18
PAT Growth(%) 0 269.41 198.29 -33.6 70.4
EPS Growth(%) 0 269.41 198.29 -55.28 18.79
Debt/Equity(x) 0.67 0.64 0.95 0.48 0.26
Current Ratio(x) 1.13 0.99 0.9 1.84 2.57
Quick Ratio(x) 1.13 0.99 0.9 1.84 2.57
Interest Cover(x) 1.95 3.95 6.03 2.81 3.05
Total Debt/Mcap(x) 0 0 0 0.39 0.13

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 29% 10% 0% 0%
Operating Profit CAGR 29% 44% 0% 0%
PAT CAGR 50% 44% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -55% NA% NA% NA%
ROE Average 11% 18% 15% 15%
ROCE Average 15% 22% 18% 18%

Company Contact Information

HRH Next Services Ltd.

G. J. House 2nd Floor, 4-1-976 Abid Road

IPO Lead Manager(s)

HRH Next Services Ltd.

Finshore Management Services Ltd.

Registrar Info

HRH Next Services Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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