PAN HR Solution IPO Allotment Status: Check GMP, Overall Subscription & How to Verify Online
The PAN HR Solution IPO – a small-to-medium enterprise (SME) public offering – has just completed its subscription period and the allotment process is underway. If you applied for the shares, here’s how to check your allotment status, find GMP trends, understand overall subscription numbers, and what to expect next.
Key IPO Timeline
| Event | Date |
|---|---|
| IPO Opened for Subscription | 6 Feb 2026 |
| IPO Closed for Subscription | 10 Feb 2026 |
| Basis of Allotment Finalized | 11 Feb 2026 |
| Shares Credited to Demat | 12 Feb 2026 (expected) |
| Refunds Initiated (if any) | 12 Feb 2026 |
| Tentative Listing on BSE SME | 13 Feb 2026 |
Overall Subscription Status
The IPO saw considerable interest from investors:
- Overall Subscription: ~11.85 × on the last day of bidding, meaning around 11.85 bids were received for every share offered.
This strong interest suggests good demand, but it doesn’t guarantee how many shares each investor will receive (that depends on category-wise demand and ballot rules).
Grey Market Premium (GMP)
GMP currently stands at ₹0, indicating that the unofficial aftermarket isn’t showing any premium over the IPO issue price. A flat GMP generally suggests expectations of listing around the issue price without significant gains.
💡 GMP is an unofficial indicator from the grey market — it’s not a guaranteed predictor of actual listing price. Always check official listing prices on exchange days.
How to Check PAN HR Solution IPO Allotment Status
Here are the verified ways to check your allotment results online:
1. Through Registrar (Maashitla Securities Pvt. Ltd.)
- Visit the Maashitla Securities IPO allotment status page: https://maashitla.com/allotment-status/public-issues
- Choose “PAN HR Solution Ltd” from the dropdown.
- Enter your PAN number or application number (or Demat account number).
- Submit to view allotment details.
2. On the BSE Website
- Go to the BSE Investors Allotment page.
- Select Equity under “Issue Type”.
- Choose PAN HR Solution Ltd from the list.
- Enter your PAN or application number, complete the Captcha, and click Submit.
3. Via Your Demat or Trading Account
Most brokers and DP platforms show IPO allotment details directly under your account holdings after the basis of allotment is finalized. If shares are allotted, they should reflect by 12 Feb 2026.
What Happens Next?
✔ Shares Credited: If allotted, shares will be credited to your Demat ahead of the listing date (typically a day before listing).
✔ Refunds: If you didn’t get any shares, your application money will be refunded automatically to your bank account.
✔ Listing Day: PAN HR Solution shares are expected to start trading on 13 Feb 2026 on the BSE SME platform.
Quick Recap
- Allotment Finalized: 11 Feb 2026
- GMP: ₹0 (flat)
- Overall Subscription: ~11.85 ×
- Check Status: Through Maashitla registrar or BSE portal in minutes
- Listing Date: 13 Feb 2026
