HRH Next Services Limited
ListedSMEEmerging SME Services · NSE
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.
Price Band
₹36
Issue Size
₹9.57 Cr
Lot Size
3000 shares
GMP
₹5
+13.9%
Est. Listing
₹41
at current GMP
Subscribed
65.31x
overall
Open
27 Dec 2023
Close
29 Dec 2023
Allotment
1 Jan 2024
Refund
2 Jan 2024
Demat Credit
3 Jan 2024
Listing
3 Jan 2024
Last updated 12 days ago
Overall Subscription
65.31x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
67.01x
High Net-Worth
Retail (RII)
63.60x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,263,000 | 84,639,000 | 67.01x |
| RETAIL | 1,260,000 | 80,133,000 | 63.60x |
| Total | 2,523,000 | 164,772,000 | 65.31x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 310 | 19,716 | 63.60x |
| HNIs (10L +) | 2 | 134 | 67.01x |
| HNIs (2-10L) | 9 | 603 | 67.01x |
| Total Applications | 321 | 20,453 | 63.72x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About HRH Next Services Limited Public Issue & Market Profile
HRH Next Services Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹9.57 Crores. The shares are offered at a price band of ₹36 to ₹36 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,08,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-01-03, while un-allotted funds or UPI block mandates will be released on 2024-01-02.
Frequently Asked Questions
What is HRH Next Services Limited IPO GMP today?
The latest Grey Market Premium (GMP) for HRH Next Services Limited IPO is ₹5 per equity share. Based on the upper price band of ₹36 to ₹36 per equity share, the estimated listing price is ₹41 (+13.9% expected listing gain).
What is the expected profit per lot for HRH Next Services Limited IPO?
With a lot size of 3000 shares and current GMP of ₹5, the expected profit per application lot is approx ₹15,000 (+13.9% gain). Minimum application cost is approx ₹1,08,000.
What is the issue size and price band for HRH Next Services Limited IPO?
The HRH Next Services Limited IPO aggregate issue size is ₹9.57 Crores with an equity price band set at ₹36 to ₹36 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,08,000.
How can I check HRH Next Services Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 65.31x (Retail: 63.60x, QIB: 0.00x, NII: 67.01x). You can track live multiples directly on our dedicated subscription page.
Where and when will HRH Next Services Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2024-01-01. Investors can verify status using PAN card or application number.
When is the listing date for HRH Next Services Limited IPO?
HRH Next Services Limited shares are scheduled to list on NSE on 2024-01-03.