| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹9.57 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹9.57 Cr |
| Fresh Issue | ₹9.08 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน36.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | HRHNEXT |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in Feburary 2007, HRH Next Services Limited is a business process outsourcing service provider offering services such as chat support, backend support, voice support and email support.
The company's current business clients are from telecom, foodtech, autotech, e-commerce, fintech, education, healthcare, government, banking etc.
The company's services are
Inbound Voice Process: This department is responsible for handling customer calls on various topics. Whenever a customer calls, the company's representative endeavors to resolve the issue.
Outbound Voice Process: This department includes two services: Outbound Sales and Outbound Services. Outbound Sales includes lead generation, up-selling & cross-selling, advertising campaigns and product launch campaigns. On the other hand, Outbound Services includes customer service follow-up calls, renewal reminders, order and invoice information, problem resolution and escalations.
The company is ISO 9001:2015 certified for quality management services and ISO/IEC 27001:2022 certified for the information security management system. The company specializes in providing business process outsourcing services, inbound/outbound services via phone, email, chat, social media and digital channels, business support service, chatbot support, consulting and related advisory services.
As of November 30, 2023, HRH Next has 284 employees who handle day-to-day operations, administrative tasks, secretarial work, legal matters, marketing, and accounting functions in accordance with their respective designated goals.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Expansion of our Services by launching 2 (two) Call Centres | 1.35 |
| 2 | Capital Expenditure towards purchase of Computer Systems | 4.30 |
| 3 | Working capital requirements | 0.92 |
| 4 | General corporate expenses | 1.50 |
| 5 | Issue related expenses | 1.50 |
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 31.14 | 28.82 | 18.65 | 12.98 |
| Total Income | 21.53 | 51.25 | 44.28 | 24.24 |
| Profit After Tax | 1.51 | 3.48 | 0.93 | 0.25 |
| NET Worth | 13.21 | 10.45 | 6.97 | 6.04 |
| Reserves and Surplus | 6.66 | 10.25 | 6.77 | 5.84 |
| Total Borrowing | 10.84 | 9.91 | 4.43 | 4.02 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2023 | Mar 31, 2023 |
|---|---|---|
| ROE | 12.75% | 39.94% |
| ROCE | 18.12% | 46.57% |
| Debt / Equity | 0.08% | 0.12% |
| RoNW | 11.42% | 33.29% |
| PAT Margin | 7.05% | 6.80% |
| EBITDA Margin | 17.16% | 13.40% |
| Price to Book Value | 1.56 | 2.14 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.31 | 3.28 |
| P/E (x) | 6.78 | 10.99 |
| Promoter Holding | 97.88% | 69.61% |
| Market Cap | โน33.14 Cr. | |