Pan HR Solutions has a slow start in the stock market, IPO investors in marginal profit.
New Delhi. Shares of Pan HR Solutions, a company providing human resource, facility management and e-commerce logistics services, entered the stock market today with a slight premium. The shares of the company were issued at a price of Rs 78. Today its entry on the SME platform of BSE was at the level of Rs 78.35 with a premium of only 0.44 percent.
After listing, due to buying support, this share jumped to the level of Rs 80. After this, its movement declined due to selling pressure. After trading till 11 am, the shares of the company were trading at the level of Rs 78.44.
Thus, in the trading so far, the company’s IPO investors were making a nominal profit of 0.56 percent. The Rs 17.04 crore IPO of Pan HR Solutions was open for subscription between February 6 and 10. This IPO received a good response from investors, due to which it was subscribed 11.85 times overall.
Of these, the reserve portion for Qualified Institutional Buyers (QIB) was subscribed 6.57 times. Similarly, there was 25.41 times subscription in the reserve portion for Non-Institutional Investors (NIIs). Apart from this, the reserve portion for retail investors was subscribed 8.99 times.
Under this IPO, 18 lakh new shares worth Rs 14.04 crore have been issued. Apart from this, four lakh shares worth Rs 3 crore have been sold through the offer for sale window. The company will use the money raised through the IPO to lighten its old debt burden, meet working capital requirements and for general corporate purposes.
Talking about the financial condition of the company, as per the claim made in the prospectus, its financial health has continuously strengthened. The company had a net profit of Rs 3.88 crore in the financial year 2022-23, which increased to Rs 4.20 crore in the next financial year 2023-24 and to Rs 5.02 crore in 2024-25.
Talking about the last financial year, between April and November 2025, the company had made a net profit of Rs 5.13 crore. During this period, the company’s revenue increased from Rs 256.36 crore to Rs 283.69 crore.
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