PAN HR Solution IPO
PAN HR Solution IPO Details
-
Open Date
06 Feb 2026
-
Close Date
10 Feb 2026
-
Listing Date
13 Feb 2026
- IPO Price Range
₹ 74 to ₹78
- IPO Size
₹ 17.04 Cr
- Listing Exchange
BSE SME
PAN HR Solution IPO Timeline
Last Updated: 03 February 2026 4:08 PM by 5paisa
PAN HR Solutions is a B2B manpower services provider offering end-to-end HR solutions across multiple industries. The company delivers comprehensive services including recruitment of unskilled and skilled blue-collar workers, payroll management with statutory compliance (EPF, ESIC, Professional Tax), staffing solutions, facility management, and independent compliance audits. It operates as a one-stop provider for workforce, operational support, and regulatory adherence needs.
Established in: 2015
Managing Director: Mr. Rajeev Kumar
Peers:
Itcons E-Solutions Limited
Happy Square Outsourcing Services Limited
Spectrum Talent Management Limited
PAN HR Solution Objectives
1. The Company will fund working capital requirements of ₹9.75 crore.
2. To prepay or repay certain outstanding borrowings.
3. To support general corporate purposes of the Company.
PAN HR Solutions IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹17.04 Cr |
| Offer For Sale | ₹3.00 Cr |
| Fresh Issue | ₹14.04 Cr |
PAN HR Solutions IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 2,36,800 |
| Retail (Max) | 2 | 3,200 | 2,49,600 |
| S-HNI (Min) | 3 | 4,800 | 3,55,200 |
| S-HNI (Max) | 8 | 12,800 | 9,98,400 |
| B-HNI (Min) | 9 | 14,400 | 10,65,600 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 256.10 | 281.08 | 283.19 |
| EBITDA | 5.37 | 5.19 | 6.86 |
| PAT | 3.88 | 4.20 | 5.02 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 37.07 | 42.31 | 36.06 |
| Share Capital | 0.02 | 0.02 | 0.02 |
| Total Liabilities | 37.07 | 42.31 | 36.06 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 2.02 | 6.82 | 0.77 |
| Net Cash Generated From / (used in) Investing Activities | -1.57 | -2.03 | -1.28 |
| Net Cash Generated From / (used in) Financing Activities | -0.19 | -2.90 | -0.89 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.27 | 1.90 | -1.40 |
Strengths
1. End-to-end HR solutions under one provider
2. Strong focus on statutory and regulatory compliance
3. Diverse service portfolio across multiple industries
4. Expertise in blue-collar workforce management
Weaknesses
1. High dependence on labour-intensive service model
2. Limited brand visibility compared to large competitors
3. Margin pressure due to compliance-heavy operations
4. Scaling challenges across multiple geographies
Opportunities
1. Growing demand for organised staffing solutions
2. Increasing outsourcing of payroll and compliance
3. Expansion in e-commerce and logistics staffing
4. Rising regulatory complexity driving audit requirements
Threats
1. Intense competition from organised HR service firms
2. Frequent changes in labour and compliance laws
3. Client concentration risk in key industries
4. Wage inflation impacting profitability margins
1. End-to-end HR solutions with diversified services
2. Strong compliance-focused and process-driven business model
3. Growing demand for organised staffing and payroll services
4. Scalable operations with recurring B2B client base
PAN HR Solutions operates in India’s expanding outsourced HR and workforce management market, driven by formalisation, regulatory complexity, and rising demand for organised staffing. Growth potential is supported by increasing reliance on third-party payroll, compliance, and facility services across manufacturing, retail, and e-commerce logistics. The company’s one-stop model enables cross-selling and sticky client relationships. Scaling into new geographies and sector-focused staffing can further strengthen volumes and improve operating leverage.
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FAQs
PAN HR Solutions IPO opens from February 6, 2026 to February 10, 2026.
The size of PAN HR Solutions IPO is ₹17.04 Cr.
The price band of PAN HR Solutions IPO is fixed at ₹74 to ₹78 per share.
To apply for PAN HR Solutions IPO, follow the steps given below:
● Login to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the PAN HR Solutions. IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of PAN HR Solutions IPO is of 3,200 shares and the investment required is ₹2,36,800.
The share allotment date of PAN HR Solutions IPO is February 9,2026
The PAN HR Solutions IPO will likely be listed on February 13, 2026.
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd is the book running lead managers for PAN HR Solutions IPO.
PAN HR Solutions IPO plans to utilise the raised capital from the IPO for:
1. The Company will fund working capital requirements of ₹9.75 crore.
2. To prepay or repay certain outstanding borrowings.
3. To support general corporate purposes of the Company.