PAN HR Solutions SME
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 13 Feb 2026 | ₹0 | 0.00% | ₹0 | ₹78 | ₹0 |
| 12 Feb 2026 | ₹0 | 0.00% | ₹0 | ₹78 | ₹0 |
| 11 Feb 2026 | ₹0 | 0.00% | ₹0 | ₹78 | ₹0 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- Listing date
- 13 Feb 2026
- Face value
- ₹10 per share
- Issue price
- ₹78 per share
- Lot size
- 1,600 shares
- Total issue size
- ₹17.04 Cr
- Market cap at offer price
- ₹56.25 Cr
- Promoter holding
- 90.92% → 62.90% pre-issue → post-issue
- ISIN
- INE1N9E01015
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead managers
- Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
- Registered office
- A-42/03, Second floor, Sector-62, Gautam Buddha Nagar, Uttar Pradesh
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 5,37,600 | — | — |
| Market maker | 3,79,200 | — | — |
Application size
Minimum 1,600 shares per lot, in multiples, at ₹78
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,600 | ₹1,24,800 |
| S-HNI (min) | 2 | 3,200 | ₹2,49,600 |
| S-HNI (max) | 8 | 12,800 | ₹9,98,400 |
| B-HNI (min) | 9 | 14,400 | ₹11,23,200 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹78 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 9.27 | 10.67 |
| P/E (×) | 8.41 | 7.31 |
| Price to book (×) | 2.32 | — |
| Market cap | — | ₹56.25 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 27.47%
- ROCE
- 38.30%
- PAT margin
- 1.75%
- EBITDA margin
- 2.42%
- NAV per share
- ₹33.55
- Price to book
- 2.32
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.