HRH Next Services Limited IPO : Price, Detail, GMP, Opening Date, Financial Report and More

HRH Next Services Limited started its journey in February 2007. They are experts in helping other businesses by providing different services like chatting, handling backend tasks, assisting with voice communication, and managing emails.

They work with a variety of businesses in fields like telecom, foodtech, autotech, e-commerce, fintech, education, healthcare, government, and banking.

Here’s what they do:

  1. Inbound Voice Process:
    • They take care of incoming calls from customers, addressing various issues and problem-solving.
  2. Outbound Voice Process:
    • Divided into two services:
      • Outbound Sales: They generate leads, promote products, and handle advertising campaigns.
      • Outbound Services: This involves follow-up calls, renewal reminders, providing order and invoice information, and addressing problems.

The company is recognized for its quality management services (ISO 9001:2015 certified) and information security management system (ISO/IEC 27001:2022 certified). They specialize in offering business process outsourcing services, managing both inbound and outbound communication through phone, email, chat, social media, and digital channels. They also provide business support, chatbot support, consulting, and related advisory services.

As of November 30, 2023, HRH Next Services has a team of 284 employees. These individuals handle day-to-day operations, administrative tasks, secretarial work, legal matters, marketing, and accounting, each focusing on their designated goals.

Key Points Regarding HRH Next Services Limited IPO

IPO DateDecember 27, 2023 to December 29, 2023
Price Band₹36 per share
Face ValueRs 10 per share
Lot Size3000 Shares
Total Issue Size2,658,000 shares
(aggregating up to ₹9.57 Cr)
Listing DateWednesday, January 3, 2024
Listing AtNSE SME

HRH Next Services IPO Key Points:

  • Issue Details:
    • Fixed price issue worth Rs 9.57 crores.
    • Entirely a fresh issue of 26.58 lakh shares.
  • Subscription Period:
    • Opens on December 27, 2023, and closes on December 29, 2023.
  • Allotment Date:
    • Expected to be finalized on Monday, January 1, 2024.
  • Listing Information:
    • Tentative listing date on NSE SME set for Wednesday, January 3, 2024.
  • IPO Price:
    • Fixed at ₹36 per share.
  • Lot Size and Investment:
    • Minimum lot size for an application: 3000 shares.
    • Retail investors need a minimum investment of ₹108,000.
  • HNI Investment Requirements:
    • High Net Worth Individuals (HNI): Minimum of 2 lots (6,000 shares) amounting to ₹216,000.

HRH Next Services Limited Financial Information (Restated)

Between March 31, 2022, and March 31, 2023, HRH Next Services Limited made more money – their revenue went up by 15.73%. And when you look at their profit after tax (that’s the money they get to keep), it didn’t just go up, it soared by a whopping 273.85%!

Here’s a quick look at HRH Next Services Limited breakdown in terms of money (in  Lakh ).

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,113.862,882.291,864.851,298.10
Revenue2,152.515,124.964,428.422,424.26
Profit After Tax150.84347.7993.0325.18
Net Worth1,320.711,044.79697.00603.97
Reserves and Surplus665.961,024.79677.00583.97
Total Borrowing1,083.77990.57442.58401.88

Contact Details

HRH Next Services Limited
4-1-976,
Abid Road,
Hyderabad – 500001
Phone: +91 95536 04777
Email: [email protected]
Websitehttp://www.hrhnext.com/

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