IPO Trending
HRHNEXTSME / NSEListed
HRH Next Services

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.

DRHP
₹36 - ₹3665.31x sub
Listed Price₹41.00
Listing Gain+13.89%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open27 Dec 2023
Close29 Dec 2023
Allotment01 Jan 2024
Listing03 Jan 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail12,63,000 shares
47.52%
Nii(hni)12,60,000 shares
47.4%
Market Maker1,35,000 shares
5.08%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,08,000
HNI2 Lots (6,000 shares)
₹2,16,000

Company Promoters

Mr Ankit Sanjay ShahMr Parikshit Pankaj ShahMrs Tara Sanjay Shah

Company Background

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 suppor...

Lead Managers & Bankers

Finshore Management Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep 2023)₹2152.51 Cr
Growth-11.2%
Revenue Trend (₹ in Crores)
0.01.7k3.4k5.1kMar 2021Mar 2022Mar 2023 Sep 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep 20232,152.51150.843,113.861,083.77
Mar 2023 2,152.51347.792,882.29990.57
Mar 20224,428.4293.031,864.85442.58
Mar 20212,424.2625.181,298.10401.88

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values5.3139.94%6.80%6.7810.99

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Cameo Corporate Services Limited

Allotment Finalized
Allotment Date
01 Jan 2024
Official Status
Out / Finalized
Registrar
Cameo Corporate Services Limited
Listing Date
03 Jan 2024

Official Allotment Verification Links

Official Registrar Portal
Cameo Corporate Services Limited

Direct allotment verification on the official registrar portal appointed for HRH Next Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization01 Jan 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 Jan 2024Trading commences on exchange

How to Check HRH Next Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select HRH Next Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About HRH Next Services IPO

Complete issue overview for HRH Next Services (HRHNEXT) IPO. The issue features an equity share price band of ₹36 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,08,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions