PAN HR Solution IPO Description – Incorporated in 2015, PAN HR Solution operates on a B2B model with a PAN India presence, providing comprehensive human resource, staffing, and compliance solutions to industries including E-commerce, logistics, manufacturing, and information technology. The company offers a diverse portfolio of services such as Manpower Services, Payroll Management, Facility Management, Staffing Solutions, Compliance Audits, and E-commerce Logistics. It operates primarily under a “Collect and Pay” model, wherein consideration is received from the client before disbursement to personnel, and plans to introduce a “Pay and Collect” model for operational flexibility.
The majority of its FY 2025 revenue was derived from E-commerce (85.11%), followed by Logistics (8.07%) and Infrastructure & Others (6.77%) sectors.
As of 31 August 2025, Pan HR Solution had 9,393 personnel deployed across customer sites and had served around 25 reputed clients nationwide.
Promoters of PAN HR Solution – Rajeev Kumar and Rajni Kumari
Table of Contents
PAN HR Solution IPO Details
| PAN HR Solution IPO Dates | 6 – 10 February 2026 |
| PAN HR Solution Issue Price | INR 74 – 78 per share |
| Fresh Issue | 18,00,000 shares (INR 13.32 – 14.04 crore) |
| Offer For Sale | 3,84,000 shares (INR 2.84 – 3.00 crore) |
| Total IPO Size | 21,84,000 shares (INR 16.16 – 17.04 crore) |
| Minimum Bid | 3,200 shares (INR 2,49,600) |
| Lot Size | 1,600 shares (INR 1,24,800) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | BSE SME |
PAN HR Solution Financial Performance
| FY 2023 | FY 2024 | FY 2025 | 8M FY 2026 | |
| Revenue | 256.10 | 281.08 | 283.19 | 153.99 |
| Expenses | 250.99 | 276.28 | 276.78 | 147.97 |
| Net income | 3.84 | 4.21 | 4.95 | 5.13 |
PAN HR Solution Offer News
- PAN HR Solution RHP
- PAN HR Solution Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
PAN HR Solution Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 7.89 | 8.55 | 10.17 |
| PE ratio | – | – | 7.28 – 7.67 |
| RONW (%) | 31.99 | 29.94 | 27.47 |
| NAV | 24.68 | 28.55 | 37.01 |
| ROCE (%) | 42.51 | 40.35 | 38.30 |
| EBITDA (%) | 2.10 | 1.85 | 2.42 |
| Debt/Equity | 0.05 | – | – |
PAN HR Solution IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| Coming soon | – | – |
PAN HR Solution IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of 3,79,200 shares and the anchor investor portion of 5,37,600 shares are not included in the above calculations.
PAN HR Solution IPO Allotment Status
PAN HR Solution IPO allotment status will be available on the Maashitla Securities website. Click on this link to get the allotment status.
PAN HR Solution IPO Dates & Listing Performance
| IPO Opening Date | 6 February 2026 |
| IPO Closing Date | 10 February 2026 |
| Finalization of Basis of Allotment | 11 February 2026 |
| Initiation of refunds | 12 February 2026 |
| Transfer of shares to demat accounts | 12 February 2026 |
| IPO Listing Date | 13 February 2026 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
PAN HR Solution Offer Lead Manager
MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
X-change Plaza, Office No. 1201 to 1205,
12th Floor, Building No. 53E, Zone-5,
Road 5E, Gift City, Gandhinagar – 382355
Phone: +91 22 6912 0027
Email: [email protected]
Website: ib.marwadichandaranagroup.com
PAN HR Solution Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura – 110034
Tel: 011-47581432
E-mail: [email protected]
Website: www.maashitla.com
PAN HR Solution Contact Details
PAN HR SOLUTION LIMITED
A – 42/03, Second floor, Sector – 62,
Gautam Buddha Nagar, Noida – 201301
Phone: +91 74288 52201
E-mail: [email protected]
Website: www.panhr.in
IPO FAQs
What is the PAN HR Solution offer size?
PAN HR Solution offer size is INR 16.16 – 17.03 crores.
What is the PAN HR Solution offer price band?
PAN HR Solution public offer price is INR 74 – 78 per share.
What is the lot size of the PAN HR Solution IPO?
PAN HR Solution offer lot size is 1,600 shares.
What is the PAN HR Solution IPO GMP today?
PAN HR Solution IPO GMP today is INR NA per share.
What is the PAN HR Solution kostak rate today?
PAN HR Solution kostak rate today is INR NA per application.
What is the PAN HR Solution IPO Subject to Sauda rate today?
PAN HR Solution Subject to Sauda rate today is INR NA per application.