PAN HR Solution IPO: A Micro-Cap Staffing Powerhouse Hits the Market
PAN HR Solution Limited, a specialized B2B manpower provider with over 10,000 personnel de...
Read ArticlePAN HR Solution IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
| IPO Open Date | 5 February 2026 | IPO Close Date | 9 February 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 12 February 2026 |
| Price Band | ₹74 - ₹78 per share | Face Value | ₹10 per share |
| Market Lot Size | 1600 Shares | Min Investment (Retail) | ₹2,49,600 |
| Total Issue Size | ₹78 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 5 February 2026 | Confirmed |
| IPO Close Date | 9 February 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 12 February 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 3,200 Shares | ₹2,49,600 |
| Retail (Max) | 2 Lots | 3,200 Shares | ₹2,49,600 |
| S-HNI (Min) | 3 Lots | 4,800 Shares | ₹3,74,400 |
| S-HNI (Max) | 8 Lots | 12,800 Shares | ₹9,98,400 |
| B-HNI (Min) | 9 Lots | 14,400 Shares | ₹11,23,200 |
No historical GMP quotes tracked yet for this issue.
| Category | Lot Size | Shares | Amount (₹) |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | 2,49,600 |
| Retail Maximum | 2 | 3,200 | 2,49,600 |
| S-HNI Minimum | 3 | 4,800 | 3,74,400 |
| S-HNI Maximum | 8 | 12,800 | 9,98,400 |
| B-HNI Minimum | 9 | 14,400 | 11,23,200 |
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 5,37,600 | 24.62% |
| QIB (Ex. Anchor) | 3,60,000 | 16.48% |
| NII | 2,73,600 | 12.53% |
| Retail | 6,33,600 | 29.01% |
| Particular | Dates |
|---|---|
| IPO Open Date | 06 Feb 2026 |
| IPO Close Date | 10 Feb 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 13 Feb 2026 |
Note: The timeline for పాన్ హెచ్ ఆర్ సొల్యూషన్ IPO is tentative and subject to change.
| Event | Date |
|---|---|
| IPO Open Date | February 6, 2026 |
| IPO Close Date | February 10, 2026 |
| Basis of Allotment | February 11, 2026 |
| Refunds | February 12, 2026 |
| Credit to Demat Account | February 12, 2026 |
| IPO Listing Date | February 13, 2026 |
| Bidding Cut-off Time | February 10, 2026 – 5 PM |
To Be Updated Soon
| Purpose | Amount (₹ Crores) |
|---|---|
| Funding Working Capital Requirements | ₹9.75 |
| Pre-payment / Repayment of Borrowings | – |
| General Corporate Purposes | – |
To Be Updated Soon
To Be Updated Soon
To Be Updated Soon
| Company | EPS (₹) | P/E | RoNW (%) | NAV (₹) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Itcons E-Solutions Ltd | 6.43 | 63.20 | 8.76% | 73.80 | 5.98 |
| Happy Square Outsourcing Services Ltd | 7.07 | 8.27 | 47.64% | 14.84 | 97.41 |
| Spectrum Talent Management Ltd | 3.13 | 24.39 | 4.72% | 66.38 | 1,270.14 |
PAN HR Solution IPO opens for subscription on 5 February 2026 and closes on 9 February 2026.
The price band for PAN HR Solution IPO is set at ₹74.00 to ₹78.00 per share.
The minimum market lot size is 1600 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 3,200 Shares (₹2,49,600).
The latest Grey Market Premium (GMP) for PAN HR Solution IPO is ₹0.35. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for PAN HR Solution IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 12 February 2026.
The registrar details will be confirmed in the official prospectus.