HRH Next Services Limited

Company Profile
Company Name HRH Next Services Limited
Open Date 27-12-2023
Close Date 29-12-2023
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹ 36 per share
Issue Size 26,58,000 shares
Application Amount ₹ 1,08,000
Recommendation Avoid
HRH Next Services Limited was originally incorporated in the year 2007 and has its registered office Hyderabad, Telangana. The Company is engaged in Business Process Outsourcing (BPO) offering a comprehensive suite of Call Centre Services, covering Inbound Services, Outbound Services, Backend Support, Chat Support, Email Support and more. The Company specializes in providing efficient end-to-end solutions to its clients. As of 30th November 2023, the Company had 284 employees on its payroll.
(Read more on the review)

Summary of Financials (All financials in lakhs)

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 1,298.10 1,864.85 2,882.29 3,113.86
Net Assets 603.97 697.00 1,044.79 1,320.71
Total Borrowings 401.88 442.58 990.57 1,083.77
Total Revenue 2,424.26 4,428.42 5,124.96 2,152.51
Profit After Tax 25.18 93.03 347.79 150.84

Tentative Timeline

Opening Date 27-12-2023
Closing Date 29-12-2023
Basis of Allotment 01-01-2024
Initiation of Refunds 02-01-2024
Credit of Shares to Demat 02-01-2024
Listing Date 03-01-2024

Objects of the Issue

Expansion of Services by launching 2 (two) Call Centres.
Capital Expenditure towards purchase of Computer Systems.
To meet the Working Capital requirement.
To meet the Issue Expenses.
General Corporate Expenses.

Contact Information

Registered Office HRH Next Services Limited - 4-1-976, Abid Road, Hyderabad – 500001
Phone +91 95536 04777
Email cs@hrhnext.com
Website http://www.hrhnext.com/

Registrar Details

Name Cameo Corporate Services Limited
Phone +91-44-28460390
Email ipo@cameoindia.com
Website https://ipo.cameoindia.com/

IPO Reservation

Market Maker Shares Offered 5.08%
Other Shares Offered 47.52%
Retail Shares Offered 47.40%

Shareholding Pattern

Share Holding Pre Issue(Promoters) 97.88%
Share Holding Post Issue(Promoters) 69.61%

Contact Us to Enable Your Success!