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PAN HR Solutions IPO Subscription Status

The PAN HR Solutions IPO has been subscribed 9.51x times overall. Retail investors have shown interest with bids for 9.4x the shares available. The Non-Institutional Investor (NII) category has been subscribed 11.25x. Qualified Institutional Buyers (QIBs) have subscribed 6.57x. Data last updated on 09 Apr, 05:29 PM.

The IPO subscription period has ended. The issue opened on 06 Feb, 2026 and closes on 10 Feb, 2026. The shares are expected to list on stock exchanges on 13 Feb, 2026.

Total Subscription
9.51 x
QIB 6.57x
NII 11.25x
Retail 9.40x

Live Bidding

Category Bid Details TIMES
QIB
-
of 3,60,000
6.57x
NII
-
of 6,52,800
11.25x
Retail
-
of 6,33,600
9.40x
TOTAL
-
-
9.51x

Last Updated: 09 Apr 2026, 05:29 PM

Subscription Insights

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 10.6% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 6.57x. This often signals long-term confidence from professional funds.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
10 Feb 2026 DAY 3
9.51x
QIB 6.57x
NII 11.25x
Retail 9.40x
09 Feb 2026 DAY 2
1.32x
QIB 3.52x
NII 0.8x
Retail 0.62x
06 Feb 2026 DAY 1
0.81x
QIB 3.52x
NII 0.01x
Retail 0.11x
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PAN HR Solutions IPO Allotment Probability

Retail
1 in 10
Lottery — ~10.6% chance per application
NII / HNI
11.25x
Proportionate allotment applies
QIB
6.57x
Moderate institutional demand

Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of PAN HR Solutions IPO?

As of IPO close date (10 Feb, 2026), the PAN HR Solutions IPO is subscribed 9.51x times. Retail category is 9.40x, and NII is 11.25x subscribed.

When is the allotment date for PAN HR Solutions IPO?

The allotment for PAN HR Solutions IPO is expected to be finalized on 11 February, 2026.

When will PAN HR Solutions IPO list on the stock market?

PAN HR Solutions is scheduled to list on BSE and NSE on 13 February, 2026.

What are the chances of getting allotment in PAN HR Solutions IPO?

The retail category is oversubscribed at 9.4x, meaning allotment is by lottery. Statistically, approximately 1 in 10 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 6.57x mean for PAN HR Solutions IPO?

Moderate — QIBs have subscribed 6.57x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check PAN HR Solutions IPO allotment status?

After the allotment date (11 Feb, 2026), you can check your PAN HR Solutions IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore PAN HR Solutions IPO Further

Track every stage of this IPO from subscription to listing:

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