Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

Hyrefox Consultants Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 23, 2026 to raise funds through Initial Public Offer (IPO).
Hyrefox Consultants Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.31 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Expert Global Consultants Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Hyrefox Consultants IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 31,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 31,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 82,85,550 shares |
| Share Holding Post Issue | 1,13,85,550 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 23, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue. |
| NII Shares Offered | Not less than 15% of the Net Issue, |
Incorporated in April, 2018, Hyrefox Consultants Limited is a technology-driven human resource solutions company that provides recruitment, staffing, training, and workforce management services across various industries.
The company combines traditional hiring services with digital platforms to accelerate, streamline, and scale recruitment. It supports the entire hiring process—from sourcing and screening candidates to onboarding, training, and post-hiring engagement.
>Hyrefox's core business includes permanent hiring, staffing, staff augmentation, and RPO. It also uses its own platforms likeTalsuite ATSfor recruitmentXenHirefor video interviews, andEasyHyre,a marketplace connecting employers with recruiters, to improve hiring outcomes.
Hyrefox offers training, "hire-and-train" programs, IT services (software development, cloud solutions, technical support), and content creation for business and training needs.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding incremental working capital requirements of the Company | 13.50 |
| 2 | General Corporate Purposes | |
| Total | 13.50 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 26.75% |
| ROCE | 31.75% |
| Debt/Equity | 0.22 |
| RoNW | 25.76% |
| PAT Margin | 22.46% |
| EBITDA Margin | 36.13% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 72.58% |
Lead Manager Reports
Hyrefox Consultants IPO is a SME IPO of 31,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Hyrefox Consultants IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Hyrefox Consultants IPO using UPI as a payment gateway. Zerodha customers can apply in Hyrefox Consultants IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Hyrefox Consultants IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Hyrefox Consultants IPO dates are not announced. Please check back again after some time.
Hyrefox Consultants IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Hyrefox Consultants IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Hyrefox Consultants IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Hyrefox Consultants IPO allotment status.
The Hyrefox Consultants IPO listing date is not yet announced. The tentative date of listing is .