HRH Next Services Limited IPO
HRH Next Services Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹36 per share. The stock debuted at ₹41, delivering a listing gain of 13.9%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,08,000.
HRH Next Services Limited IPO
- IPO Dates
- Dec 27, 2023 – Dec 29, 2023
- Price band
- ₹36 per equity share
- Minimum Investment
- ₹1,08,000
- Issue size
- 2,658,000 shares(aggregating up to ₹9.57 Cr)
- Lot size
- 3000
- Allotment Date
- Jan 1, 2024
- Listing
- Jan 3, 2024
- Listing At
- NSE SME
IPO timeline
-
Dec 27, 2023
Open Date
Completed
-
Dec 29, 2023
Close Date
Completed
-
Jan 1, 2024
Allotment Date
Completed
-
Jan 3, 2024
Listing Date
Completed
HRH Next Services Limited IPO Essentials
HRH Next Services Limited IPO Details
HRH Next Services Limited IPO is priced at ₹36 per share with a total issue size of 2,658,000 shares(aggregating up to ₹9.57 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹36 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,658,000 shares(aggregating up to ₹9.57 Cr)
- Listing at
- NSE SME
- List price
- 41.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Finshore Management Services Limited
HRH Next Services Limited IPO Details
- Retail Portion 50%
HRH Next Services Limited IPO Documents
HRH Next Services Limited IPO Analytics
HRH Next Services Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
HRH Next Services Limited IPO Subscription Status
HRH Next Services Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,263,000 | 1,260,000 | 2,523,000 |
|
Day 1
27-12-23 06:00 PM
|
(1.12) x | 4.83 x | 2.98 x |
|
Day 2
28-12-23 06:00 PM
|
(4.40) x | 17.33 x | 10.86 x |
|
Day 3
28-12-23 06:00 PM
|
(66.91) x | 63.61 x | 66.29 x |
HRH Next Services Limited Valuations
Earnings
- EPS (Post IPO)
- ₹5.61/-
- P/E Ratio
- 6.42
Returns
- RoNW
- 33.29%
HRH Next Services Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,882.29 | 1,864.85 | 1,298.10 |
| Revenue | 5,124.96 | 4,428.42 | 2,424.26 |
| Profit After Tax | 347.79 | 93.03 | 25.18 |
HRH Next Services Limited Company & Offer Insights
About HRH Next Services Limited
HRH Next Services Limited is a business process outsourcing service provider offering services such as chat support, backend support, voice support and email support.
The company's current business clients are from telecom, foodtech, autotech, e-commerce, fintech, education, healthcare, government, banking etc.
The company's services are
Inbound Voice Process: This department is responsible for handling customer calls on various topics. Whenever a customer calls, the company's representative endeavors to resolve the issue.
Outbound Voice Process: This department includes two services: Outbound Sales and Outbound Services. Outbound Sales includes lead generation, up-selling & cross-selling, advertising campaigns and product launch campaigns. On the other hand, Outbound Services includes customer service follow-up calls, renewal reminders, order and invoice information, problem resolution and escalations.
The company is ISO 9001:2015 certified for quality management services and ISO/IEC 27001:2022 certified for the information security management system. The company specializes in providing business process outsourcing services, inbound/outbound services via phone, email, chat, social media and digital channels, business support service, chatbot support, consulting and related advisory services.
As of November 30, 2023, HRH Next has 284 employees who handle day-to-day operations, administrative tasks, secretarial work, legal matters, marketing, and accounting functions in accordance with their respective designated goals.
HRH Next Services Limited Promoter(s)
Mr Ankit Sanjay Shah, Mr Parikshit Pankaj Shah, Mrs Tara Sanjay Shah are the company's promoters of HRH Next Services Limited.
HRH Next Services Limited IPO Issue Objectives
- •
- Expansion of the Services by launching 2 (two) Call Centres
- •
- Capital Expenditure towards purchase of Computer Systems
- •
- To meet the working capital requirements
- •
- To meet the Issue Expenses
- •
- General Corporate Purposes
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
HRH Next Services Limited IPO is a Fixed Priced IPO worth ₹2,658,000 shares(aggregating up to ₹9.57 Cr). The issue price is ₹36 per share (fixed price). The IPO opens on Dec 27, 2023 and closes on Dec 29, 2023. It will be listed on NSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of HRH Next Services Limited IPO is ₹36 per share (fixed price).
The lot size of HRH Next Services Limited IPO is 3000 shares.
The minimum investment for HRH Next Services Limited IPO is approximately ₹1,08,000 based on the issue price .
HRH Next Services Limited IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.
The allotment date of HRH Next Services Limited IPO is Jan 1, 2024.
HRH Next Services Limited IPO is expected to be listed on Jan 3, 2024, on NSE SME Platform.
HRH Next Services Limited IPO valuation snapshot: P/E 6.42, EPS ₹5.61/-, P/B N/A, RoNW 33.29%, and market cap N/A.
To apply for HRH Next Services Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of HRH Next Services Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for HRH Next Services Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check HRH Next Services Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the HRH Next Services Limited IPO allotment status on IPO Ji for quick and easy access.