HRH Next IPO GMP, Review, Price, and Allotment

Description of HRH Next IPO: HRH Next Services offers a wide range of contact center services and is involved in business process outsourcing (BPO). These services include email support, chat support, backend support, outbound support, and inbound support, among others. The business specializes on providing its clients with efficient end-to-end solutions. It customizes its superior solutions to meet the unique needs of companies, assisting customers in achieving their goals.

Over the years, HRH Next has experienced exponential expansion. As a domestic contact center service provider, the business is steadfast in its dedication to serving the demands and wants of its customers. The business has adopted the industry’s best practices for customer support services in order to meet these needs.

Image Source : IPO Central

HRH Next Services intends to open two call centers in Palakkad, Kerala, and Raichur, Karnataka, each with 150 seats in addition to the services already stated. The total anticipated cost of running these two facilities is INR 2.86 crore, which includes charges of INR 1.51 crore for 300 computer systems.

HRH Next Services’ promoters are Parikshit Pankaj Shah and Ankit Sanjay Shah.

HRH Next IPO Details

HRH Next IPO Dates 27 – 29 December 2023
HRH Next Issue Price INR 36 per share,
Fresh issue 2,658,000 shares (INR 9.57 crore)
Offer For Sale Nil
Total IPO size 2,658,000 shares (INR 9.57 crore)
Minimum bid (lot size) 3,000 shares (INR 108,000)
Face Value  INR 10 per share
Retail Allocation 50%
Listing On NSE SME

HRH Next Services Financial Performance

  FY 2021 FY 2022 FY 2023 H1 FY 2024
Revenue 24.16 44.15 51.14 21.39
Expenses 23.87 42.87 46.31 19.51
Net income 0.25 0.93 3.48 1.51

Figures in INR Crores unless specified otherwise

HRH Next Valuations & Margins

FY 2021 FY 2022 FY 2023
EPS 0.41 1.50 5.61
PE ratio 6.78
RONW (%) 4.17 13.35 33.29
NAV 9.74 11.24 16.85
ROCE (%) 10.50 23.34 46.57
EBITDA (%) 6.50 6.32 13.40
Debt/Equity 6.74 11.00 12.90


HRH Next IPO Allotment Status

The HRH Next IPO allotment status will be accessible on the website of Cameo Corporate Services. To view the allotment status, click the Cameo Corporate Services website link.

HRH Next IPO Dates & Listing Performance

IPO Opening Date 27 December 2023
IPO Closing Date 29 December 2023
Finalization of Basis of Allotment 1 January 2024
Initiation of refunds 2 January 2024
Transfer of shares to demat accounts 2 January 2024
IPO Listing Date 3 January 2024
Opening Price on NSE SME Coming soon
Closing Price on NSE SME Coming soon

HRH Next Services IPO Lead Manager

Anandlok Building, Block-A, 2nd Floor, Room No. 207, 227
A.J.C Bose Road, Kolkata-700020, West Bengal, India
Phone: 033-2289-5101 or 4603-2561

HRH Next Offer Registrar

No. 01, Club House Road, Mount Road,
Chennai, 600 002, Tamil Nadu
Phone: +91-44 4002 0700, 28460390

HRH Next IPO Contact Details

4-1-976, Abid Road,
Hyderabad- 500001, Telangana, India
Phone: +91 95536 04777


How big is the IPO for HRH Next Services?

9.57 crores is the size of HRH’s next offer.

What price range is the HRH Next Services IPO in?

The price per share for HRH’s next public offering is INR 36.

What is the HRH Next IPO’s lot size?

Shares in the HRH Next offer lot size are 3,000.

What is the current HRH Next IPO GMP?

The current GMP for HRH Next IPO is INR NA per share.

What is the current kostak rate for HRH Next?

Today’s HRH Next Kostak rate is NA for each application.

In light of the current Sauda rate, what is HRH Next?

HRH Next is subject to the current Sauda rate of INR NA for each application.

Also Read: A Multibagger Stock Has Given 29000% Return.


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