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HRH Next Services Ltd

Registered Office : # 4-1-976 Abid Road,,Hyderabad Telangana 500001 Phone : +91 95536 04777
Fax :

Email : cs@hrhnext.com

Website : www.hrhnext.com

Initial public offer of 26,58,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of HRH Next Services Limited (the "Company" or the "Issuer") for cash at a price of Rs. 36/- per equity share, including a share premium of Rs. 26/- per equity share (the "Issue Price"), aggregating to Rs. 9.57 crores ("The Issue"), of which 1,35,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 36/- per equity share, aggregating to Rs. 0.49 crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 25,23,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 36/- per equity share, aggregating to Rs. 9.08 crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 28.87% and 27.41% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is Rs. 36/- each i.e., 3.6 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares.

Issue

Opens On

Closes On

27-Dec-2023

29-Dec-2023

Money Payable On

Application

Allotment

36.00

0.00

Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

8.07

9.57

9.21

36.00

Finshore Management Services Ltd

Projects

Expansion of its services by lanunching 2 call centres

Capital expenditure towards purchase of computer systems

Working capital requirements

General corporate expenses

Promoted By

Ankit Sanjay Shah

Parikshit Pankaj Shah

Tara Sanjay Shah

Listing At

NSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd