PAN HR Solution SME IPO Subscription
ListedUpdated 13 February 2026, 9:15 AM IST· BSE SME
PAN HR Solution SME IPO subscription closed on 10 February 2026 at 12.36x overall by shares. QIB demand came in at 6.57x, NII at 26.83x, and retail at 9.40x. See Retail, SHNI, and BHNI allotment chances in the table…
PAN HR Solution SME IPO subscription closed on 10 February 2026 at 12.36x overall by shares. QIB demand came in at 6.57x, NII at 26.83x, and retail at 9.40x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 11 February 2026. Listing date on NSE and BSE is 13 February 2026.
PAN HR Solution SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 6 Feb 2026 | 3.52x | 0.02x | 0.11x | 1.06x |
| Day 2 - 9 Feb 2026 | 3.52x | 0.57x | 0.72x | 1.48x |
| Day 3 - 10 Feb 2026 | 6.57x | 25.41x | 8.99x | 11.85x |
PAN HR Solution SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
PAN HR Solution SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 9.40x | 1 in 9 |
| SHNI (Rs 2L to Rs 10L) | 12.95x | 1 in 13 |
| BHNI (above Rs 10L) | 10.55x | 1 in 11 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the PAN HR Solution SME IPO Allotment Status page from 11 February 2026 for your result.
PAN HR Solution SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 78.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 2.81 Cr | Rs 18.45 Cr | 6.57x |
| FII | - | Rs 2.00 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 16.45 Cr | - |
| NII | Rs 2.13 Cr | Rs 57.26 Cr | 26.83x |
| bNII (above Rs 10L) | Rs 1.42 Cr | Rs 47.99 Cr | 33.73x |
| Corporate | - | Rs 7.25 Cr | - |
| Individual | - | Rs 39.84 Cr | - |
| Other | - | Rs 89.86 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 71.14 L | Rs 9.27 Cr | 13.04x |
| Corporate | - | Rs 3.74 L | - |
| Individual | - | Rs 8.75 Cr | - |
| Other | - | Rs 48.67 L | - |
| IND | Rs 4.94 Cr | Rs 46.45 Cr | 9.40x |
| Fixed price | - | Rs 46.45 Cr | - |
| Total | Rs 9.88 Cr | Rs 122.15 Cr | 12.36x |
PAN HR Solution SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 225 | 3 | 0.01x |
| FII | - | 1 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 2 | - |
| NII | 57 | 647 | 11.35x |
| bNII (above Rs 10L) | 38 | 401 | 10.55x |
| Corporate | - | 39 | - |
| Individual | - | 354 | - |
| Other | - | 8 | - |
| sNII (Rs 2L to Rs 10L) | 19 | 246 | 12.95x |
| Corporate | - | 1 | - |
| Individual | - | 232 | - |
| Other | - | 13 | - |
| IND | 198 | 1,861 | 9.40x |
| Fixed price | - | 1,861 | - |
| Total | 480 | 2,511 | 5.23x |
What Do These Subscription Numbers Mean?
12.36x overall by shares means bids covered about 12 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 6.57x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (11.35x by applications). Split: SHNI 12.95x, BHNI 10.55x by applications. SHNI and BHNI allotment is by lottery.
At 9.40x subscription by applications, about 1 in 9 retail applicants may get allotment (~11% chance per application). Retail allotment is also by lottery.
PAN HR Solution SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 6 February 2026 |
| IPO Close Date | 10 February 2026 |
| Allotment Date | 11 February 2026 |
| Refund Initiation | 12 February 2026 |
| Share Credit to Demat | 12 February 2026 |
| Listing Date | 13 February 2026 |
| Minimum Investment | Rs 2,49,600.00 |
| Lot Size | 1600 shares |
About PAN HR Solution SME
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
PAN HR Solution SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
PAN HR Solution SME Details
Issue size, price, financials, and company info
PAN HR Solution SME GMP
Live grey market premium and listing estimate
PAN HR Solution SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
PAN HR Solution SME Allotment
Allotment date, chances, and check by PAN
PAN HR Solution SME Review
SWOT, strengths, risks, and IPO review
PAN HR Solution SME FAQ
Common questions on dates, GMP, and allotment
PAN HR Solution SME Registrar
Registrar website and how to check allotment
PAN HR Solution SME Timeline
Open, close, allotment, and listing dates
PAN HR Solution SME News
Updates, blogs, and latest IPO news
PAN HR Solution SME IPO Subscription FAQs
What is PAN HR Solution SME IPO subscription status today?
PAN HR Solution SME IPO subscription closed on 10 February 2026 with overall subscription of 12.36x (by shares) as of 25 August 2026, 6:32 PM IST. QIB 6.57x, NII 11.35x, IND 9.40x.
What is the overall subscription of PAN HR Solution SME IPO?
PAN HR Solution SME IPO is subscribed 12.36x overall by shares at close on 10 February 2026. QIB 6.57x, NII 11.35x, and IND 9.40x.
What is PAN HR Solution SME IPO QIB subscription?
PAN HR Solution SME IPO QIB (Qualified Institutional Buyers) subscription is 6.57x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is PAN HR Solution SME IPO IND subscription?
PAN HR Solution SME IPO IND subscription is 9.40x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is PAN HR Solution SME IPO NII, SHNI, and BHNI subscription?
PAN HR Solution SME IPO NII subscription is 11.35x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 12.95x and BHNI (above Rs 10L) at 10.55x.
What are PAN HR Solution SME IPO retail allotment chances?
At 9.40x subscription by applications, about 1 in 9 retail applicants may get allotment (~11% chance per application). Allotment is by lottery.
What are PAN HR Solution SME IPO SHNI allotment chances?
At 12.95x subscription by applications, about 1 in 13 SHNI applicants may get allotment (~8% chance per application). Allotment is by lottery.
What are PAN HR Solution SME IPO BHNI allotment chances?
At 10.55x subscription by applications, about 1 in 11 BHNI applicants may get allotment (~9% chance per application). Allotment is by lottery. Share subscription was 33.73x. Allotment chances use applications, not share volume.
When is PAN HR Solution SME IPO allotment date?
PAN HR Solution SME IPO allotment date is 11 February 2026. Check PAN HR Solution SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does PAN HR Solution SME IPO subscription close?
PAN HR Solution SME IPO subscription closed on 10 February 2026. No new applications are accepted after the close.
What is PAN HR Solution SME IPO GMP today?
GMP for PAN HR Solution SME IPO is not available yet. Track PAN HR Solution SME IPO GMP Today on IPOwiz once grey market activity starts.
What is PAN HR Solution SME IPO issue price and lot size?
PAN HR Solution SME IPO issue price is ₹78 per share. Lot size is 1600 shares. Minimum investment is ₹2,49,600 per lot (minimum 2 lots for SME). Issue size: ₹14.08 Cr.
When is PAN HR Solution SME IPO listing date?
PAN HR Solution SME IPO listing date is 13 February 2026 on NSE and BSE. Allotment is on 11 February 2026.
How does subscription affect PAN HR Solution SME IPO allotment?
In PAN HR Solution SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 12.36x overall, competition is high.
For allotment results from 11 February 2026, visit the PAN HR Solution SME IPO Allotment Status page. For listing day updates on 13 February 2026, download the IPOwiz App.
Sources
We match PAN HR Solution SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.