31 Mar 2021
Assets12.98
Total Income24.24
Profit After Tax0.25
NET Worth6.04
Reserves and Surplus5.84
Total Borrowing4.02
At a glance
Updated 2026-08-24The shares listed at ₹41.00, a 13.89% move from the issue price. HRH Next Services is a SME IPO with an issue size of ₹9.57 crore, proposed for listing on NSE SME. The offer opens on 27th Dec 2023 and closes on 29th Dec 2023. The issue structure includes a fresh issue of ₹9.08 crore. The current listing schedule points to 3rd Jan 2024.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹9.57 Cr
Fresh issue₹9.08 Cr
Face value₹10
Price band—–—
Allotment1st Jan 2024
Listing3rd Jan 2024
Listing performance
Full performance ↗Issue price₹36.00
Listing price₹41.00
Current price—
Listing gain13.89%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹9.00
GMP / upper priceNO DATA
Est. listing₹45.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Dec 2023
Closes29th Dec 2023
Allotment1st Jan 2024
Refund2nd Jan 2024
Demat2nd Jan 2024
Listing3rd Jan 2024
Subscription demand
Full bidding ↗Total66.29×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Expansion of our Services by launching 2 (two) Call Centres | ₹1.35 Cr |
| Capital Expenditure towards purchase of Computer Systems | ₹4.30 Cr |
| Working capital requirements | ₹0.92 Cr |
| General corporate expenses | ₹1.50 Cr |
| Issue related expenses | ₹1.50 Cr |
Financials
Full financials ↗31 Mar 2022
Assets18.65
Total Income44.28
Profit After Tax0.93
NET Worth6.97
Reserves and Surplus6.77
Total Borrowing4.43
31 Mar 2023
Assets28.82
Total Income51.25
Profit After Tax3.48
NET Worth10.45
Reserves and Surplus10.25
Total Borrowing9.91
30 Sep 2023
Assets31.14
Total Income21.53
Profit After Tax1.51
NET Worth13.21
Reserves and Surplus6.66
Total Borrowing10.84
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2023 | Sep 30, 2023 |
|---|---|---|
| ROE | 39.94% | 12.75% |
| ROCE | 46.57% | 18.12% |
| Debt / Equity | 0.12% | 0.08% |
| RoNW | 33.29% | 11.42% |
| PAT Margin | 6.80% | 7.05% |
| EBITDA Margin | 13.40% | 17.16% |
| Price to Book Value | 2.14 | 1.56 |
Valuation & shareholding
Pre-IPO EPS5.31
Post-IPO EPS3.28
Pre-IPO P/E6.78
Post-IPO P/E10.99
Promoter holding pre97.88%
Promoter holding post69.61%
Market cap₹33.14 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead Manager Fees, Underwriting commission, including other intermediaries Fees, Printing and distribution of Issue Stationary | ₹0.33 Cr |
| Regulators Including Stock Exchanges | ₹0.17 Cr |
| Advertising and Marketing Expenses | ₹1.00 Cr |
Registrar & lead managers
Registrar
Cameo Corporate Services Ltd.Lead managers
- Finshore Management Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.