IPO Details

HRH Next Services Ltd
Registered Office: # 4-1-976 Abid Road, , Hyderabad - 500001, Telangana
Phone: +91 95536 04777
Email: cs@hrhnext.com
Website: www.hrhnext.com
Initial public offer of 26,58,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of HRH Next Services Limited (the "Company" or the "Issuer") for cash at a price of Rs. 36/- per equity share, including a share premium of Rs. 26/- per equity share (the "Issue Price"), aggregating to Rs. 9.57 crores ("The Issue"), of which 1,35,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 36/- per equity share, aggregating to Rs. 0.49 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 25,23,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 36/- per equity share, aggregating to Rs. 9.08 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 28.87% and 27.41% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 36/- each i.e., 3.6 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
27-Dec-2023	29-Dec-2023	₹ 36.00	₹ 0.00

Projects
Expansion of its services by lanunching 2 call centres
Capital expenditure towards purchase of computer systems
Working capital requirements
General corporate expenses

Promoted By
Ankit Sanjay Shah
Parikshit Pankaj Shah
Tara Sanjay Shah

Listing At
NSE - SME

Registrar to the Issue