PAN HR Solution Ltd IPO

PAN HR Solution Ltd IPO

Our Company operates on a B2B model and provides comprehensive manpower solutions, catering to a range of roles from unskilled to skilled blue-collar workers. We have a PAN India presence and provide 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. As a part of facility management services, we provide personnel for roles such as housekeeping staff, pantry boys, office assistants, and other support roles. We currently operate under a Collect and Pay Model, wherein the Company raises invoices on its Customers/Principal Employers for services rendered in accordance with the applicable terms and subsequently receives payment. The payments are then disbursed to the employees deployed at the client place.

PAN HR Solution Ltd IPO Details

Total Shares Offered

₹ 21,84,000

Offer to Public

3,84,000

Retail Max (Shares)

₹ 6,33,600

Pre Issue Promoters Holding

₹ 49,19,600

Exchange

BSE

Issue size

₹ 17.04 Cr

IPO Open Date

Feb 6, 2026

Close Date

Feb 10, 2026

Lot Size

3200

Min Investment

₹ 2,36,800

Issue Type

Book Building - SME

Listing Date

Feb 13, 2026

PAN HR Solution Ltd IPO Dates

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Feb 6, 2026
Opening date
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Feb 10, 2026
Closing date
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Feb 11, 2026
Basis of Allotment
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Feb 12, 2026
Initiation of Refunds
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Feb 12, 2026
Credit of Shares
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Feb 13, 2026
Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

PAN HR Solution Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations7.246.005.58
EBITDA7.636.365.79
PAT4.954.213.84
Total Assets34.5940.5531.11
Share Capital0.020.020.02
Total Borrowings22.8621.3716.99
Operating Activities (Net Cash)5.344.574.05
Investing Activities (Net Cash)0.240.290.67
Financing Activities (Net Cash)22.8621.3716.99
Net Cashflow3.675.562.93

About PAN HR Solution Ltd

Our company was originally incorporated and registered as a private limited company under Companies Act, 2013 in the name and style of PAN HR Solution Private Limited vide certificate of incorporation dated December 23, 2015 issued by the Registrar of Companies, Uttar Pradesh. Pursuant to a resolution of our Board dated April 18, 2025 and a resolution of our shareholders dated April 21, 2025 our Company was converted into a public limited company under the Companies Act, and consequently the name of our company was changed to PAN HR Solution Limited, and a fresh certificate of incorporation dated May 19, 2025 issued by Registrar of Companies, Central Processing Centre.

India's services sector has steadily increased its share of Gross Value Added, rising from 50.6% in FY14 to about 55.3% in FY25, with an average growth of 8.3% since FY23. The sector also ranked first in attracting Foreign Direct Investment, according to data from the Department for Promotion of Industry and Internal Trade. The services industry performed strongly in FY26 (April to June 2025), driven by robust export demand and record hiring. In FY25, the sector generated nearly three jobs for every one created in manufacturing, reinforcing its position as the primary driver of employment. It now employs approximately 182 million people, with major contributions from trade, transport, education, finance, and healthcare.

Our Company operates on a B2B model and provides comprehensive manpower solutions, catering to a range of roles from unskilled to skilled blue-collar workers. We have a PAN India presence and provide 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. As a part of facility management services, we provide personnel for roles such as housekeeping staff, pantry boys, office assistants, and other support roles. We currently operate under a Collect and Pay Model, wherein the Company raises invoices on its Customers/Principal Employers for services rendered in accordance with the applicable terms and subsequently receives payment. The payments are then disbursed to the employees deployed at the client place.

Peer Comparison:

  • PAN HR Solution Limited
  • Itcons E Solutions Limited
  • Happy Square Outsourcing Services Limited
  • Spectrum Talent Management Limited

PAN HR Solution Ltd Key Points

Strengths

Extensive Workforce Deployment.

Strong Compliance and Regulatory Expertise.

Experienced Leadership and Management Team.

Comprehensive Service Portfolio.

Risk

Our revenue from operations is dependent upon a limited number of customers, with a significant contribution from our top 10 customers. Our inability to maintain relationships with our customers could have an adverse effect on our business, prospects, results of operations and financial condition.

We generate a significant portion of revenue from Delhi, Haryana and Uttar Pradesh. Any adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results of operations.

Our Company is reliant on the demand from certain industries for a significant portion of our revenue. Any downturn in such industries or an inability to increase or effectively manage our sales could have an adverse impact on our Company's business and results of operations.

Strategy

Geographical Diversification.

Diversified Service Portfolio.

Pay and Collect model.

Third Party Logistic model (3PL Model).

Sector Penetration.

How To Apply for PAN HR Solution Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the PAN HR Solution Ltd IPO?

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PAN HR Solution Ltd's IPO offers shares for up to 14.04 It begins on Feb 6, 2026 and ends on Feb 10, 2026.

What is the price of the PAN HR Solution Ltd IPO?

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The price of PAN HR Solution Ltd IPO ranges between ₹74 to ₹78 per share.

What are the open and close dates for the PAN HR Solution Ltd IPO?

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The PAN HR Solution Ltd IPO opens on Feb 6, 2026 and closes on Feb 10, 2026.

When will the PAN HR Solution Ltd IPO be allotted?

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The allotment for the PAN HR Solution Ltd IPO will be finalised on Feb 11, 2026. The shares will be listed on BSE and NSE on Feb 13, 2026.

What is the minimum lot size required for PAN HR Solution Ltd IPO?

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The minimum lot size for PAN HR Solution Ltd IPO is 3200 shares, priced between ₹74 to ₹78 per share.

What is the GMP of PAN HR Solution Ltd IPO?

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The GMP (Grey Market Premium) of PAN HR Solution Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of PAN HR Solution Ltd IPO?

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To check the allotment status of PAN HR Solution Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the PAN HR Solution Ltd IPO getting listed?

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The PAN HR Solution Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Feb 6, 2026, and closes on Feb 10, 2026. The allotment is finalised on Feb 11, 2026.

How do you apply for the PAN HR Solution Ltd IPO?

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To apply for the PAN HR Solution Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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