HRH Next Services Ltd IPO
Price Range
₹36
-
Min. Quantity
3,000 Shares
Closes on
29 December 2023
-
Min. investment
₹1,08,000
HRH Next Services Ltd IPO Timeline
| Event | Date |
|---|---|
| HRH Next Services Ltd IPO Opening Date | 27 December 2023 |
| HRH Next Services Ltd IPO Closing Date | 29 December 2023 |
| Basis of Allotment | 1 January 2024 |
| Initiation of Refunds | 2 January 2024 |
| Credit of Shares to Demat | 2 January 2024 |
| HRH Next Services Ltd IPO Listing Date | 3 January 2024 |
HRH Next Services Ltd IPO Details
| HRH Next Services Ltd IPO Date | 27 December 2023 to 29 December 2023 |
| HRH Next Services Ltd IPO Face Value | ₹10 per share |
| HRH Next Services Ltd IPO Price | ₹36 to ₹0 per share |
| HRH Next Services Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹9.57 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹9.57 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Ankit Sanjay Shah, Parikshit Pankaj Shah, Tara Sanjay Shah |
HRH Next Services Ltd IPO Lot Size
The HRH Next Services Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,08,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,08,000 |
| Maximum | 1 | 3,000 | ₹1,08,000 |
- Strengths
- Risks
- Opportunities
- Established and proven track record.
- Leveraging the experience of its Promoters.
- Experienced management team and a motivated and efficient work force.
- Cordial relations with its customers.
- Quality Assurance & Control .
Company Financials
HRH Next Services Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 54.55 | 58.6 | 3.14 |
| 03-2024 | 37.13 | 45.77 | 1.84 |
| 03-2023 | 28.82 | 51.25 | 2.77 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expansion of its services by lanunching 2 call centres
- Capital expenditure towards purchase of computer systems
- Working capital requirements
- General corporate expenses
HRH Next Services Ltd IPO Promoter Holding
| Pre Issue Share Holding | 45.82% |
| Post Issue Share Holding | 32.59% |
HRH Next Services Ltd IPO Subscription Status (Bidding Detail)
The HRH Next Services Ltd IPO is subscribed 61.9955 times on 29 December 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 61.9955 |
HRH Next Services Ltd IPO Prospectus
HRH Next Services Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0R3501012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
# 4-1-976 Abid Road,Hyderabad-500001
Phone: +91 95536 04777
Email: cs@hrhnext.com
Website: www.hrhnext.com
HRH Next Services Ltd IPO Registrar
HRH Next Services Ltd IPO Lead Manager(s)
- Finshore Management Services Ltd
How to Check the Allotment Status of HRH Next Services Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “HRH Next Services Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About HRH Next Services Ltd IPO
HRH Next Services Ltd was originally incorporated as Private Limited in the name of 'HRH Next Services Private Limited' on February 02, 2007 issued by Registrar of Companies, Andhra Pradesh. Subsequently, Company got converted into Public Limited and name of the Company changed to 'HRH Next Services Limited' vide a fresh Certificate of Incorporation dated August 25, 2023 in Hyderabad issued by RoC.