HRH Next Services IPO Date, Review, Price, Allotment Details

HRH Next Services IPO Details: HRH Next Services IPO date is fixed, The IPO will open on December 27 and will close on December 29. HRH Next Services is an NSE SME IPO to raise ₹9.57 crores via IPO. The HRH Next Services IPO price band is fixed at ₹36 with a market lot of 3000 shares.

HRH Next Services IPO

Table of Contents

HRH Next Services Limited is engaged in Business Process Outsourcing (BPO) offering a comprehensive suite of Call Centre Services, covering Inbound Services, Outbound Services, Backend Support, Chat Support, Email Support, and more. Their specialty is in providing efficient end-to-end solutions to their clients. They customize their top-notch solutions to meet specific business needs, helping their clients achieve their objectives.


The Company was originally incorporated on February 02, 2007, as “HRH Next Services Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Andhra Pradesh. Subsequently, their Company was converted into a Public Limited Company, and the name of the company was changed from “HRH Next Services Private Limited” to “HRH Next Services Limited” vide fresh certificate of incorporation dated August 25, 2023, issued by the Registrar of Companies, Hyderabad.


Objects of the Issue:

  • 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 IPO Review

  • May Apply

HRH Next Services IPO Date & Price Band Details

IPO Open:December 27, 2023
IPO Close:December 29, 2023
IPO Size:Approx ₹9.57 Crores, 2,658,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹36 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

HRH Next Services IPO Market Lot

The HRH Next Services IPO minimum market lot is 3000 shares with a ₹108,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹108,000
Retail Maximum13000₹108,000
S-HNI Minimum26000₹216,000

HRH Next Services IPO Dates

The HRH Next Services IPO date is December 27 and the IPO close date is December 29. The IPO allotment date is January 1 and the IPO might list on January 3.

IPO Open Date:December 27, 2023
IPO Close Date:December 28, 2023
Basis of Allotment:January 1, 2024
Refunds:January 2, 2024
Credit to Demat Account:January 2, 2024
IPO Listing Date:January 3, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

HRH Next Services IPO Form

How to apply HRH Next Services IPO? You can apply HRH Next Services IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the HRH Next Services IPO in the Invest section. The other option you can apply HRH Next Services IPO via IPO forms download via the NSE website. Check out the HRH Next Services forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


HRH Next Services Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹24.16₹23.87₹0.25
2022₹44.15₹42.87₹0.93
2023₹51.14₹46.31₹3.48
2024 6M₹21.39₹19.51₹1.51

HRH Next Services IPO Valuation – FY2023

Check HRH Next Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹5.61 per Equity Share
Price/Earning P/E Ratio:6.42
Return on Net Worth (RoNW):33.29%
Net Asset Value (NAV):₹16.85 per Equity Share

Peer Group

  • Platinumone Business Services Limited
  • Kandarp Digi Smart BPO Limited
  • We Win Limited

Company Promoters

  • Mr Ankit Sanjay Shah
  • Mr Parikshit Pankaj Shah
  • Mrs Tara Sanjay Shah

HRH Next Services IPO Registrar

Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

HRH Next Services IPO Allotment Status

Check HRH Next Services IPO allotment status on Cameo Corporate website URL. Click Here

HRH Next Services IPO Lead Managers aka Merchant Bankers

  • Finshore Management Services Limited

Company Address

HRH Next Services Limited
4-1-976,
Abid Road,
Hyderabad – 500001
Phone: +91 95536 04777
Email: [email protected]
Website: http://www.hrhnext.com/

HRH Next Services IPO FAQs


What is HRH Next Services IPO?

HRH Next Services IPO is an NSE SME IPO. They are going to raise ₹9.57 Crores via IPO. The issue is priced at ₹36 per equity share. The IPO is to be listed on NSE.

When HRH Next Services IPO will open?

The IPO is to open on December 27, 2023 for NII, and Retail Investors.

What is HRH Next Services IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the HRH Next Services IPO?

You can apply HRH Next Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the HRH Next Services IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “HRH Next Services”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the HRH Next Services IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “HRH Next Services”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the HRH Next Services IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “HRH Next Services”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is HRH Next Services IPO Size?

HRH Next Services IPO size is ₹9.57 crores.

What is HRH Next Services IPO Price Band?

HRH Next Services IPO Price Band is ₹36 per equity share.

What is HRH Next Services IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹108,000.

What is HRH Next Services IPO Allotment Date?

HRH Next Services IPO allotment date is January 1, 2024.

What is HRH Next Services IPO Listing Date?

HRH Next Services IPO listing date is January 3, 2024. The IPO to list on NSE SME.

Note: The HRH Next Services IPO details are announced officially. The IPO grey market premium (HRH Next Services IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
Share the Post:
Facebook
Twitter
LinkedIn

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.


OPEN DEMAT ACCOUNT