Comparison between PAN HR Solutions IPO and Sureflo Techcon IPO.
PAN HR Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sureflo Techcon IPO is a SME Bookbuilding proposed to list at NSE SME.
| PAN HR Solutions IPO | Sureflo Techcon IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of PAN HR Solutions IPO is up to ₹14.08 Cr whereas the issue size of the Sureflo Techcon IPO is up to ₹0.00 Cr. The final issue price of PAN HR Solutions IPO is ₹78.00 per share and of Sureflo Techcon IPO is .
| PAN HR Solutions IPO | Sureflo Techcon IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹74.00 per share | |
| Issue Price (Upper) | ₹78.00 per share | |
| Issue Price (Final) | ₹78.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | |
| Fresh Issue Size | 14,20,800 shares | 35,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹11.08 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 3,84,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹3.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 18,04,800 shares | 35,00,000 shares |
| Issue Size Total (Amount) | up to ₹14.08 Cr | up to ₹0.00 Cr |
PAN HR Solutions IPO opens on Feb 06, 2026, while Sureflo Techcon IPO opens on . The closing date of PAN HR Solutions IPO and Sureflo Techcon IPO is Feb 10, 2026, and , respectively.
| PAN HR Solutions IPO | Sureflo Techcon IPO | |
|---|---|---|
| Anchor Bid Date | Feb 05, 2026 | |
| Issue Open | Feb 06, 2026 | |
| Issue Close | Feb 10, 2026 | |
| Basis Of Allotment (Tentative) | Feb 11, 2026 | |
| Initiation of Refunds (Tentative) | Feb 12, 2026 | |
| Credit of Share (Tentative) | Feb 12, 2026 | |
| Listing date (Tentative) | Feb 13, 2026 | |
| Anchor Lockin End date 1 | Mar 14, 2026 | |
| Anchor Lockin End date 2 | May 14, 2026 |
PAN HR Solutions IPO P/E ratio is 8.41, as compared to Sureflo Techcon IPO P/E ratio of .
| PAN HR Solutions IPO | Sureflo Techcon IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)Sureflo Techcon Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 106% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.92 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.25 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.05 | 34.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 38.30 | 27.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.47 | 34.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the PAN HR Solutions IPO Retail Individual Investors (RII) are offered 6,33,600 shares while in Sureflo Techcon IPO retail investors are offered 6,33,600 shares. Qualified Institutional Buyers (QIB) are offered 3,60,000 shares in PAN HR Solutions IPO and 0 shares in Sureflo Techcon IPO.
| PAN HR Solutions IPO | Sureflo Techcon IPO | |
|---|---|---|
| Anchor Investor Reservation | 5,37,600 shares | 0 shares |
| Market Maker Reservation | 3,79,200 shares | 0 shares |
| QIB | 3,60,000 shares | 0 shares |
| NII | 2,73,600 shares | 0 shares |
| RII | 6,33,600 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 18,04,800 shares | 0 shares |
PAN HR Solutions IPO subscribed 8.32x in total, whereas Sureflo Techcon IPO subscribed .
| PAN HR Solutions IPO | Sureflo Techcon IPO | |
|---|---|---|
| QIB (times) | 6.57x | |
| NII (times) | 25.41x | |
| Big NII (times) | 31.65x | |
| Small NII (times) | 12.93x | |
| RII (times) | 8.99x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.32x |
