ClosedSMEHR Services · Human Resources Solutions
PAN HR Solution
PANHR·₹78·Opens 2026-02-06
★★★★☆4/5
🔗 Official WebsiteSubscribed
0.81×
Overall
Price Band: ₹78
About the Company
What does this company do?
PAN HR Solution Limited is a human resources service provider offering HR solutions and staffing services.
IPO Details
Issue parameters, key dates and structure.
Reservation Structure
QIB (Qualified Institutional Buyers)
50
Up to 60% to Anchor Investors within QIB portion
Financial Performance
P&L, Balance Sheet and Cash Flow — all figures in ₹ Crores.
| Particulars (₹ Cr) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue from Operations | 28363.06 | 28191.90 | 25635.54 |
| EBITDA | 769.40 | 657.72 | 598.90 |
| EBITDA Margin | 2.7% | 2.3% | 2.3% |
| Depreciation & Amortisation | 38.88 | 35.96 | 21.39 |
| EBIT | 723.52 | 621.76 | 577.51 |
| Finance Costs (Interest) | 6.02 | 2.92 | 3.42 |
| PBT (Profit Before Tax) | 685.50 | 563.84 | 537.04 |
| Tax | 190.89 | 142.90 | 152.81 |
| PAT (Net Profit) | 494.61 | 420.94 | 384.23 |
| PAT Margin | 1.7% | 1.5% | 1.5% |
| EPS — Basic (₹) | 10.03 | 8.56 | 7.81 |
| EPS — Diluted (₹) | 10.03 | 8.56 | 7.81 |
All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.
Key Financial Ratios
Valuation and profitability metrics at the IPO price.
EPS — Basic (₹)
10.03
FY2025
EPS — Diluted (₹)
10.03
FY2025
P/E Ratio
7.78
At upper band 78
RoNW (%)
27.24
FY2025
NAV per Share (₹)
33.55
Pre-issue
Debt/Equity
0.00
FY2025
EBITDA Margin (%)
2.71
FY2025
PAT Margin (%)
1.74
FY2025
Revenue CAGR
5.16
FY2023-FY2025
Competitive Strengths
Key advantages highlighted in the DRHP.
✓
Established track record with long-standing customer relationships
✓
Professional management team with relevant domain expertise
✓
Growing revenue base with consistent profitability
✓
Diversified customer portfolio across multiple sectors
Promoters & Shareholding
Pre & post-IPO shareholding pattern. Click a promoter card to learn more.
Promoters
Shareholding Pattern
90.9268.22%
9.0831.78%
PrePost
Key Risks
Material risk factors to consider before applying.
⚠
Revenue concentration among top 10 customers
⚠
First public offer with no formal market for shares
⚠
Competition from larger established HR service providers
⚠
Dependent on key personnel for business operations
◆ Subscribe for Listing Gains
Should You Apply?
PAN HR Solution Limited is an established HR services company with 10 years of operations and a growing customer base. The company demonstrated strong profitability with FY2025 PAT of ₹494.61 Cr and EPS of ₹10.03 (post-bonus), along with zero debt. At the upper price band of ₹78, the company trades at a reasonable P/E of 7.78x on FY2025 earnings and NAV of ₹33.55, suggesting attractive valuation for a SME IPO with consistent revenue growth of 5.16% CAGR. We recommend Subscribe for Listing Gains given the valuation, profitability profile and SME listing premium potential.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
📅
IPO Opens
2026-02-06
🔒
IPO Closes
2026-02-10
🏛️
Listing
2026-02-12
Lead Managers & Registrar
Institutions managing the issue and handling allotment.
Book Running Lead Managers (1)
Marwadi Chandarana Intermediaries Brokers
Registrar to the Issue
📋
Maashitla Securities Private Limited
Registrar to the Issue
Company Details
Registered information and contact details.
Company Name
PAN HR Solution Limited
CIN
U74120UP2015PLC075271
Registered Office
A - 42/03, Second floor, Sector – 62, Gautam Buddha Nagar, Noida – 201301, Uttar Pradesh, India
Contact Person
Anamika Sinha Roy
Phone
+91 74288 52201
Website
www.panhr.in