HRH Next Services Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 26-12-2023 | 28-12-2023 | 10 | 36 | 3000 | NSE SME | N/A | 2023-12-31 18:30:00 | 2024-01-01 18:30:00 | 2024-01-01 18:30:00 | 02-01-2024 |
About The Company
HRH Next Services IPO is a fixed price issue of Rs 9.57 crores. The issue is entirely a fresh issue of 26.58 lakh shares.
HRH Next Services IPO opens for subscription on December 27, 2023 and closes on December 29, 2023. The allotment for the HRH Next Services IPO is expected to be finalized on Monday, January 1, 2024. HRH Next Services IPO will list on NSE SME with tentative listing date fixed as Wednesday, January 3, 2024.
HRH Next Services IPO price is ₹36 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹108,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹216,000.
Finshore Management Services Limited is the book running lead manager of the HRH Next Services IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for HRH Next Services IPO is Nikunj Stock Brokers.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-12-2023 | 3114 | 2153 | 151 | 1320.71 | 665.96 | 1083.77 |
| 30-03-2023 | 2882 | 5125 | 348 | 1044.79 | 1024.79 | 990.57 |
| 30-03-2022 | 1865 | 4428 | 93 | 697 | 677 | 442.58 |
| 30-03-2021 | 1298 | 2424 | 25 | 603.97 | 583.97 | 401.88 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | 108000 |
| Retail (Max) | 1 | 3000 | 108000 |
| HNI (Min) | 2 | 6000 | 216000 |
IPO Listing Details
| Listing Date | 02-01-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr Ankit Sanjay Shah, Mr Parikshit Pankaj Shah and Mrs Tara Sanjay Shah.
Contact Information of the Company
HRH Next Services Limited
4-1-976,
Abid Road,
Hyderabad – 500001
Phone: +91 95536 04777
Email: cs@hrhnext.com
Website: http://www.hrhnext.com/
IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: ipo@cameoindia.com
Website: https://ipo.cameoindia.com/
IPO Lead Manager
Finshore Management Services Limited