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15 Days Price Change

PAN HR Solution IPO

Closing In

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Profile
Issue Size 12.84 Cr
Profile
Price Range 74  to  78 per share
Profile
Min Investment ₹78
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

Our Company operates on a B2B model having PAN India presence providing human resource, staffing services and compliance solutions to customers in E-commerce, logistics, manufacturing, information technology and other sectors which enables them in streamlining the hiring process, reduces administrative burden, and ensuring suitable candidates. We offer range of services i.e. Manpower services, Payroll services, Facility management, staffing solutions, Compliance Audit and E-commerce Logistics which enables us to design and deliver a range of customized solutions suited to the specific needs of our customers, which strengthens our customer acquisition and retention capabilities. We currently operate under a “Collect and Pay” Model, wherein the consideration is first received from the Customer/Principal Employer and subsequently disbursed to the respective personnel or beneficiaries. As on August 31, 2025, we have 9,393 personnel deployed at various locations of our customers.Till date, we have served to approximately 25 customers, who are well-established and renowned companies having presence in national and regional operations. We have been awarded from our clients for providing the services. For further details on awards see “Our History and Certain Corporate Matters” on page 117. Our Promoters, Rajeev Kumar (Chairman & Managing Director), Rajni Kumari (Whole-time Director) have significantly contributed to our Company’s growth, leveraging their approximately 10 years of experience and industry knowledge to drive strategic decisions and long-term success. Our talent pool and understanding of the hiring industry has helped us achieve significant strides in the Human Resource industry. Read More

Basic Info

Face Value 10 per share

Price 74  to  78 per share

P/E (x) 0

Sales( Cr.) 283

PAT( Cr.) 5

EPS 2552.1

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Rajeev Kumar Rajni Kumari

Pre Issue Share Holding 90.92%

Post Issue Share Holding 62.9%

Listing Details:

Listing Price: 78.35

Listing Gain: 0.45%

Current Price: 63.3

Gain On Issue: 63.3 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Feb 06, 2026
Closing Date Feb 10, 2026
Allotment Feb 11, 2026
Refund Feb 12, 2026
Delivery of Shares Feb 12, 2026
Listing Date Feb 13, 2026

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3200 249,600
Retail (Max) -- -- --
S-HNI (Min) 1 3200 249,600
S-HNI (Max) 4 12800 998,400
B-HNI (Min) 5 16000 1,248,000

Objective of the Issue

1. Funding working capital requirements of our Company 2. General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 360000 2364800 6.6x
NII 652800 7340800 11.2x
Retail 633600 5955200 9.4x
EMP 0 0 0x
Total 1646400 15660800 9.5x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

PAN HR Solution Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 256 281 283
Other Income 0 1 1
Total Income 256 282 284
Total Expenditure 251 276 276
Operating Profit 6 6 7
Interest 0 0 0
Depreciation 0 0 0
Exceptional Income / Expenses 0 0 0
Profit Before Tax 5 6 7
Provision for Tax 1 1 2
Profit After Tax 4 4 5
Adjustments 0 0 0
Profit After Adjustments 4 4 5
Adjusted Earnings Per Share 7.9 8.5 9.3

PAN HR Solution Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 12 14 18
Minority's Interest 0 0 0
Borrowings 0 0 0
Other Non-Current Liabilities 0 0 -0
Total Current Liabilities 24 28 18
Total Liabilities 37 42 36
Fixed Assets 1 1 1
Other Non-Current Assets 1 3 5
Total Current Assets 35 38 30
Total Assets 37 42 36

PAN HR Solution Cash Flow

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

PAN HR Solution Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 7.89 8.55 9.25
CEPS(Rs) 8.33 9.28 9.94
DPS(Rs) 1.42 4.68 4.07
Book NAV/Share(Rs) 24.68 28.55 33.68
Core EBITDA Margin(%) 2.1 1.85 2.43
EBIT Margin(%) 2.11 2.02 2.47
Pre Tax Margin(%) 2.1 2.01 2.45
PAT Margin (%) 1.52 1.5 1.77
Cash Profit Margin (%) 1.6 1.62 1.9
ROA(%) 10.51 10.63 12.85
ROE(%) 31.99 32.12 31.05
ROCE(%) 42.42 42.28 43.29
Receivable days 16.75 16.47 13.97
Inventory Days 0 0 0
Payable days 0 0 0
PER(x) 0 0 0
Price/Book(x) 0 0 0
Dividend Yield(%) 0 0 0
EV/Net Sales(x) -0.01 -0.02 -0.01
EV/Core EBITDA(x) -0.45 -0.83 -0.49
Net Sales Growth(%) 0 9.75 0.75
EBIT Growth(%) 0 4.92 23.48
PAT Growth(%) 0 8.27 19.29
EPS Growth(%) 0 8.27 8.25
Debt/Equity(x) 0.05 0 0
Current Ratio(x) 1.45 1.35 1.71
Quick Ratio(x) 1.45 1.35 1.71
Interest Cover(x) 157.95 194.09 106.19
Total Debt/Mcap(x) 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 1% 0% 0% 0%
Operating Profit CAGR 17% 0% 0% 0%
PAT CAGR 25% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 31% 32% 32% 32%
ROCE Average 43% 43% 43% 43%

Company Contact Information

PAN HR Solution Ltd.

Anamika Sinha Roy

91 74288 52201

cscompliance@panhr.in

A - 42/03 Second Floor Sector – 62, Gautam Buddha Nagar

IPO Lead Manager(s)

PAN HR Solution Ltd.

Marwadi Chandarana Intermediaries Brokers Pvt Ltd.

Registrar Info

PAN HR Solution Ltd.

Maashitla Securities Pvt Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi – 110034

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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