Comparison between PAN HR Solutions IPO and Vision Time India IPO.
PAN HR Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Vision Time India IPO is a SME Bookbuilding proposed to list at BSE SME.
| PAN HR Solutions IPO | Vision Time India IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. | Arihant Capital Markets Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services 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 Vision Time India IPO is up to ₹0.00 Cr. The final issue price of PAN HR Solutions IPO is ₹78.00 per share and of Vision Time India IPO is .
| PAN HR Solutions IPO | Vision Time India 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 | 60,00,000 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 | 60,00,000 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 Vision Time India IPO opens on . The closing date of PAN HR Solutions IPO and Vision Time India IPO is Feb 10, 2026, and , respectively.
| PAN HR Solutions IPO | Vision Time India 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 Vision Time India IPO P/E ratio of .
| PAN HR Solutions IPO | Vision Time India IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)Vision Time India Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 79% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.92 | 94.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 8.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹56.25 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.05 | 41.46 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 38.30 | 28.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.01 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.27 | ₹7.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.47 | 34.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the PAN HR Solutions IPO Retail Individual Investors (RII) are offered 6,33,600 shares while in Vision Time India 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 Vision Time India IPO.
| PAN HR Solutions IPO | Vision Time India 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 Vision Time India IPO subscribed .
| PAN HR Solutions IPO | Vision Time India 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 |
