HRH Next Services IPO allotment finalised: Check status, GMP, and other details
The allotment status can also be checked by visiting the official website of the registrar to the issue which is Cameo Corporate Services in this case.
Step 1: Visit the IPO Allotment Status page on Cameo Corporate Services website
Step 2: Select IPO from the dropdown
Step 3: Put Application number and enter captcha and 'Submit'.
Akanksha Power IPO allotment: Check status, GMP, listing date and other details
According to market analysts, the company's shares are commanding a premium of Rs 8 as against an issue price of Rs 36. The tentative listing date is fixed as January 3.
The IPO received subscription of 66 times at close.
While the retail investors' category was booked 63 times, other investors' part was subscribed nearly 67 times.
The net proceeds from the public offer will be used for the expansion of its services, capex, working capital requirements, and other general corporate expenses.
HRH Next Services is engaged in the business process outsourcing (BPO) industry offering a comprehensive suite of call centre services, covering inbound services, outbound services, backend support, chat support, email support, and more. It specializes in providing end-to-end solutions by customization to meet specific business needs, helping clients achieve their objectives.
For the period ended September 2023, the company clocked revenues of Rs 21.52 crore and net profit of Rs 1.5 crore.
Finshore Management acted as the lead manager to the issue and Cameo Corporate Services was the registrar.
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