
HRH Next Services Limited IPO
NSE SMEListed On: Jan 3, 2024 at ₹ 41.0
₹ 216000 /6000 Shares
*Min Investment
27 Dec, 2023
Open Date29 Dec, 2023
Close Date01 Jan, 2024
Allotment Date03 Jan, 2024
Listing DateHRH Next Services Limited IPO Issue Details
- Issue Price ₹36 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,658,000 shares(aggregating up to ₹9.57 Cr)
- Listing at NSE SME
- List Price 41.0
- Listing Date 2024-01-03
- Lead Manager Finshore Management Services Limited
- Registrar Cameo Corporate Services Limited
HRH Next Services Limited IPO Details
- Retail Portion 50%
HRH Next Services Limited IPO Documents
HRH Next Services Limited IPO Details
HRH Next Services Limited IPO is an SME IPO, priced at ₹36 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 27, 2023 to Dec 29, 2023. The allotment is expected to be finalized on Jan 1, 2024, and the tentative listing date is Jan 3, 2024.
The registrar of the IPO is Cameo Corporate Services Limited, and
HRH Next Services Limited IPO Subscription Analysis And Details
| 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
HRH Next Services Limited Company Financials
| 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 |
About HRH Next Services Limited Company
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
Pre Issue Share Holding : 97.88%
Post Issue Share Holding : 69.61%
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
HRH Next Services Limited IPO - FAQs
Ans. HRH Next Services Limited IPO is a SME IPO. The issue is priced at ₹36 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Dec 27, 2023, and closes on Dec 29, 2023. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The HRH Next Services Limited IPO opens on Dec 27, 2023 and closes on Dec 29, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of HRH Next Services Limited IPO is 2,658,000 shares(aggregating up to ₹9.57 Cr).
Ans. The HRH Next Services Limited IPO price band is set between ₹36 per equity share.
Ans. To apply for HRH Next Services Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find HRH Next Services Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of HRH Next Services Limited IPO is Jan 1, 2024.
Ans. The HRH Next Services Limited IPO will be listed on Jan 3, 2024.
Ans. Follow the steps to check the HRH Next Services Limited IPO allotment status online.