PAN HR Solutions IPO Subscription Improves to 1.78x with Strong Institutional Support

1 min read     Updated on 06 Feb 2026, 05:24 PM
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Reviewed by
Radhika SScanX News Team
Overview

PAN HR Solutions' IPO witnessed improved subscription reaching 1.78x, driven by sustained institutional demand at 3.52x and remarkable bHNI participation at 2.87x. Retail investor interest also recovered significantly to 0.72x, indicating broader market acceptance.

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*this image is generated using AI for illustrative purposes only.

PAN HR Solutions' initial public offering has witnessed improved investor response, achieving a total subscription of 1.78x. The updated subscription figures reflect enhanced participation across multiple investor categories, with institutional investors continuing to lead the demand while retail and high net worth individual segments showing notable improvement.

Updated Subscription Performance Across Categories

The latest subscription data demonstrates significant improvement in overall investor participation:

Category Subscription Level
Qualified Institutional Buyers (QIB) 3.52x
Non-Institutional Buyers (bHNI) 2.87x
Retail Investors 0.72x
Non-Institutional Buyers (sHNI) 0.12x
Employees 0x
Total Subscribed 1.78x

Institutional Demand Remains Strong

Qualified Institutional Buyers maintained their strong position with 3.52x subscription, continuing to demonstrate professional investors' confidence in PAN HR Solutions' business model and growth prospects. The sustained institutional interest has been a key factor in driving the overall subscription performance above initial levels.

Notable Improvement in HNI Participation

The Non-Institutional Buyers (bHNI) category showed remarkable improvement, jumping from 0x to 2.87x subscription. This significant uptick indicates growing interest from high net worth individuals who have recognized the investment opportunity. The sHNI segment also recorded modest improvement, rising to 0.12x from the previous 0.05x.

Retail Response Shows Recovery

Retail investor participation demonstrated substantial improvement, increasing from 0.11x to 0.72x subscription. This enhanced retail interest suggests growing confidence among individual investors, though the segment remains below full subscription. The employee category continues to show no participation, maintaining 0x subscription.

Market Performance Analysis

The overall subscription improvement to 1.78x represents a positive development for PAN HR Solutions' public offering. The broad-based improvement across institutional, HNI, and retail categories indicates expanding investor confidence and market acceptance of the company's investment proposition.

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