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HNHRHNEXTListed

HRH Next Services Limited

Fixed Price Issue IPO · NSE

Price band
₹36 - ₹36
Lot size
3,000 shares
Issue amount
₹9.57 cr
Total subscription
65.31×
Current price₹24
Listing price ₹41
Watch live price ↗
Opens
27 Dec 2023
Closes
29 Dec 2023
Allotment
1 Jan 2024
Listing
3 Jan 2024

Offer at a glance

Issue overview

Issue size
26,58,000 shares
Face value
₹10 per share
Minimum investment
₹1,08,000
Fresh issue
₹9.57 cr
Offer for sale
₹0 cr
Registrar
Cameo Corporate Services Limited
Listing exchange
NSE
Maximum investment
₹1,08,000
Issue type
Fixed Price Issue IPO
Shares before issue
65,47,438
Shares after issue
92,05,438

Lot sizes

CategoryLotsSharesAmount
RETAIL13,000₹1,08,000
HNI26,000₹2,16,000

Share reservation

Retail47.52%
NII(HNI)47.4%
Market Maker5.08%

Subscription & GMP

Subscription by category

Total subscribed65.31×

Missing multiples are calculated from bids and offered shares when available.

NIB67.01×
RETAIL63.6×

GMP history

02.5515 Mar: ₹54 Nov: ₹5
15 Mar₹54 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
RETAIL4.54288.48
NIB4.55304.7

Financial performance

Company financials

in Lakhs · Reported periods may include interim results.

Revenue & profitin Lakhs
02,0004,0006,000Mar 2021 · Revenue: 2,424.26Mar 2021 · Profit after tax: 25.18Mar 2021Mar 2022 · Revenue: 4,428.42Mar 2022 · Profit after tax: 93.03Mar 2022Mar 2023 · Revenue: 2,152.51Mar 2023 · Profit after tax: 347.79Mar 2023 Sep 2023 · Revenue: 2,152.51Sep 2023 · Profit after tax: 150.84Sep 2023
RevenueProfit after tax

Key performance indicators

MetricValues
EPS5.31
ROE39.94
ROCE6.8
RONW33.29
PRE IPO(PE)6.78
POST IPO(PE)10.99

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in February 2007, HRH Next Services Limited is a Business Process Outsourcing (BPO) company offering voice, chat, email and backend support services. The company serves clients across telecom, foodtech, autotech, e-commerce, fintech, education, healthcare, government, banking and other sectors. Its service portfolio includes inbound voice support for customer queries, and outbound voice services for sales, lead generation, follow-ups, renewals, order updates and escalations. HRH Next is ISO 9001:2015 and ISO/IEC 27001:2022 certified, ensuring quality and data security standards. It also provides digital channel support, chatbot support, business support services and consulting. As of November 30, 2023, the company has 284 employees.

Promoters

Mr Ankit Sanjay Shah

Mr Parikshit Pankaj Shah

Mrs Tara Sanjay Shah

Registrar & documents

Lead manager

Finshore Management Services Limited

Registered office

4-1-976, Abid Road, Hyderabad – 500001

+91 95536 04777

[email protected]Company website ↗

Understanding HRHNEXT IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.