HRH Next Services IPO GMP: HRH Next Services Limited SME IPO Grey Market Premium Today

HRH Next Services Limited, a prominent player in the Business Process Outsourcing (BPO) industry, is set to launch its SME IPO on the NSE Emerge platform. With a total issue size of Rs 9.56 crore, exclusively consisting of fresh shares, this IPO is generating significant interest among investors. In this blog, we will delve into the details of HRH Next Services IPO, its Grey Market Premium (GMP), and other essential information that investors should consider.

Also See: All IPO GMP Price Today

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HRH Next Services IPO Overview:

  • Issue Size: Rs 9.56 Crore
  • Face Value: Rs 10 per share
  • IPO Dates: December 27, 2023, to December 29, 2023
  • Price per Share: Rs 36
  • Minimum Lot Size: 3000 shares or multiples thereof

Also Read: Announced IPOs: Upcoming Big IPOs in India 2024

HRH Next Services IPO GMP:

Here is the HRH Next Services IPO GMP status as of the provided dates: [ Last Updated: 02 Jan, 2024; 19:05]

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
01-01-2024₹36.00₹920500₹45 (25.00%)
31-12-2023₹36.00₹818200₹44 (22.22%)
30-12-2023₹36.00₹818200₹44 (22.22%)
29-12-2023₹36.00₹818200₹44 (22.22%)
28-12-2023₹36.00₹0₹36 (0%)
27-12-2023₹36.00₹0₹36 (0%)
26-12-2023₹36.00₹0₹36 (0%)
25-12-2023₹36.00₹0₹36 (0%)

Latest IPO GMP:

To keep track of the real-time GMP status for HRH Next Services IPO and other upcoming and recently closed IPOs, you can refer to the IPO GMP Dashboard at Stockesta.com. Regular updates on IPO GMP performance are available for your convenience, enabling you to make informed investment decisions.

Understanding IPO Grey Market Premium (GMP):

The Grey Market Premium (GMP) represents the price at which an IPO is traded in an unofficial, unregulated grey market before its official listing. It provides insights into how the IPO may perform on its listing day. A positive GMP suggests that the IPO might debut at a premium, while a negative GMP implies a possible discount. However, it’s crucial to note that IPO GMP is highly volatile, making it risky to base investment decisions solely on this metric. It’s essential to consider all factors before deciding whether to invest in HRH Next Services IPO or not.

Also Read: All IPO GMP Price Today

About HRH Next Services:

Founded in February 2007, HRH Next Services Limited specializes in Business Process Outsourcing (BPO) services. The company offers a wide range of call center services, including inbound, outbound, backend, chat, and email support. HRH Next is known for providing end-to-end solutions tailored to meet specific business needs and helping clients achieve their objectives.

Services Offered by HRH Next Services:

  • Voice support
  • Backend support
  • Chat support
  • Email support

Strengths of HRH Next Services SME IPO:

  1. Quality Service: HRH Next Services is committed to delivering top-notch services.
  2. Experienced Management Team: The company is led by a team with significant industry expertise.
  3. Excellent Infrastructure and Technology: HRH Next Services utilizes advanced technology to provide efficient solutions.
  4. Quality Assurance and Standards: The company maintains high-quality standards.
  5. Progressive Employer: HRH Next Services values its employees and fosters a progressive work culture.

HRH Next Services SME IPO Objectives:

The primary objectives of the IPO are as follows:

  1. Expansion of Services: Launching two new call centers.
  2. Capital Expenditure: Investing in computer systems.
  3. Working Capital: Meeting working capital requirements.
  4. Issue Expenses: Covering the expenses related to the IPO.
  5. General Corporate Purposes

HRH Next Services SME IPO Important Dates:

Stay updated with the HRH Next Services SME IPO timeline:

  • Basis of Allotment Date: January 1, 2024
  • Refunds Initiation: January 2, 2024
  • Credit of Shares to Demat: January 2, 2024
  • SME IPO Listing Date: January 3, 2024
HRH Next Services IPO

Conclusion:

HRH Next Services Limited’s SME IPO presents an opportunity for investors to participate in the growth of a well-established BPO company. While the GMP provides a glimpse into market sentiment, it’s essential to conduct thorough research and consider various factors before making an investment decision. Always consult with financial experts and analyze the company’s fundamentals to make an informed choice regarding HRH Next Services IPO.

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