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Open
27 Dec 2023
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Close
29 Dec 2023
3
Allotment
—
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Listing
Wed, Jan 3, 2024
Price Band
₹36 per share
Issue Size
26,58,000 shares (agg. up to ₹10 Cr)
Lot Size
3,000 Shares
Listing Date
Wed, Jan 3, 2024
Latest GMP
₹9
Est. Gain
25%
✦ AI Insight
GMP Trend
03-01-2024₹9Est. ₹45+25%
02-01-2024₹9Est. ₹45+25%
01-01-2024₹9Est. ₹45+25%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 64.91x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 31.14 | 28.82 | 18.65 | 12.98 |
| Total Income | 21.53 | 51.25 | 44.28 | 24.24 |
| Profit After Tax | 1.51 | 3.48 | 0.93 | 0.25 |
| NET Worth | 13.21 | 10.45 | 6.97 | 6.04 |
| Reserves and Surplus | 6.66 | 10.25 | 6.77 | 5.84 |
| Total Borrowing | 10.84 | 9.91 | 4.43 | 4.02 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Plada Infotech Services Ltd. | SME | ₹12.36 Cr | ₹48 | 12.31 | ₹56.05 | +16.77% | ₹10.95 (-3.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of our Services by launching 2 (two) Call Centres | 1.35 |
| 2 | Capital Expenditure towards purchase of Computer Systems | 4.30 |
| 3 | Working capital requirements | 0.92 |
| 4 | General corporate expenses | 1.50 |
| 5 | Issue related expenses | 1.50 |
About HRH Next IPO
Incorporated in Feburary 2007, HRH Next Services Limited is a business process outsourcing service provider offering services such as chat support, backend support, voice support and email support. The company's current business clients are from telecom, foodtech, autotech, e-commerce, fintech, education, healthcare, government, banking etc. The company's services are Inbound Voice Process: This department is responsible for handling customer calls on various topics. Whenever a customer calls, the company's representative endeavors to resolve the issue. Outbound Voice Process: This department includes two services: Outbound Sales and Outbound Services. Outbound Sales includes lead generation, up-selling & cross-selling, advertising campaigns and product launch campaigns. On the other hand, Outbound Services includes customer service follow-up calls, renewal reminders, order and invoice information, problem resolution and escalations. The company is ISO 9001:2015 certified for quality management services and ISO/IEC 27001:2022 certified for the information security management system. The company specializes in providing business process outsourcing services, inbound/outbound service
Contact Details
HRH Next Services Ltd. Address4-1-976, Abid RoadHyderabad, Telangana, 500001+91 95536 04777cs@hrhnext.comVisit Website