IPO Guru

IPO Listed — 13 Feb 2026

Listing Price: ₹78.35

vs Issue Price ₹78 +₹0.34999999999999 (+0.45%)

PAN HR Solutions SME IPO GMP History | Listing Price ₹78.35 & Kostak Rate

IPO
Final GMP
₹ 0
--
Final Kostak
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0
Final Sub. to Sauda
Retail ₹ 0
SHNI ₹ 0
BHNI ₹ 0

PAN HR Solutions SME IPO has been listed on February 13, 2026 at a listing price of ₹78.35, against the issue price of ₹78 — a gain of ₹0.34999999999999 (+0.45%). The GMP peaked at ₹0 on 13 February 2026 and reached a low of ₹0 on 13 February 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

PAN HR Solutions SME IPO raised ₹14.04 Cr. Cr. through its IPO at a price band of ₹74 to ₹78 per share, with a lot size of 1600 shares. The IPO was open for subscription from 06 Feb 2026 to 10 Feb 2026.

GMP Trend Chart

Day-wise GMP Trend

Date GMP ↑↓ % Kostak Sub. Sauda
13 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
12 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
11 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
10 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
09 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
07 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
06 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
05 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
04 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0
03 Feb 2026 ₹ 0 -- ₹ 0 ₹ 0

PAN HR Solutions SME IPO Dates

Event Date
Open Date 06 Feb, 2026
Close Date 10 Feb, 2026
Allotment Date 11 Feb, 2026
Refund Date 12 Feb, 2026
Credit to Demat 12 Feb, 2026
Listing Date 13 Feb, 2026

PAN HR Solutions SME IPO Actual Listing Price

Basis Value
Issue Price ₹78
Actual Listing Price ₹78.35 (+0.45%)
Listing Gain / Loss +₹0.34999999999999 per share
Listing Date 13 Feb, 2026

Is PAN HR Solutions SME IPO GMP Reliable?

Grey market premium for PAN HR Solutions SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • Cross-check before acting: Review the PAN HR Solutions SME IPO full review for a fundamentals-based assessment before making any grey market trades.

PAN HR Solutions SME IPO IPO Kostak Rate Explained

The Kostak rate for PAN HR Solutions SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About PAN HR Solutions SME IPO

PAN HR Solutions is an India-based human resource services company that has built its presence by offering end-to-end workforce management solutions. Established with the aim of simplifying HR processes for businesses, the company has gradually expanded its footprint across multiple sectors. It is promoted by experienced professionals with domain knowledge in recruitment and staffing, enabling the company to understand diverse client requirements and deliver customised solutions.

The company provides a range of services including recruitment, payroll management, compliance handling, and staffing solutions. Its business model is largely service-driven, generating revenue through client contracts and long-term engagements. PAN HR Solutions focuses on maintaining strong client relationships and operational efficiency, which helps in recurring business and scalability. With increasing demand for organised HR services, the company continues to strengthen its position in the domestic market.

Frequently Asked Questions about PAN HR Solutions SME IPO

What is the GMP of PAN HR Solutions SME IPO?

The current Grey Market Premium (GMP) of PAN HR Solutions SME IPO is not yet started or active in the market.

What is the Kostak Price of PAN HR Solutions SME IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for PAN HR Solutions SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

What is the Subject to Sauda Price of PAN HR Solutions SME IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.

What was the actual listing price of PAN HR Solutions SME IPO?

PAN HR Solutions SME IPO listed on February 13, 2026 at ₹78.35, against the issue price of ₹78 — a gain of +0.45%.

How did the GMP of PAN HR Solutions SME IPO trend before listing?

The GMP of PAN HR Solutions SME IPO was stable in its final days before listing. The GMP peaked at ₹0 on 13 February 2026. View the day-wise table above for the complete GMP history.

Explore PAN HR Solutions SME IPO Further

For a complete picture before making your investment decision, explore these resources:

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