HRH Next Services IPO: Check subscription status on day 3, GMP and other details

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Key Points

HRH Next Services launched its initial public offering (IPO) to raise9.57 crore..

The issue witnessed a good response from investors and was subscribed 66.29 times on the final day of bidding on December 29..

The allotment for the HRH Next Services IPO is expected to be finalized on Monday, January 1, 2024.The shares ofHRH Next Services IPO will list on NSE SME with tentative listing date fixed as Wednesday, January 3, 2024..

HRH Next Services Limited is a business process outsourcing service provider offering services such as chat support, backend support, voice support and email support..

The company proposes to utilize the net proceeds for expansion of the services by launching two Call Centres, capital expenditure towards purchase of Computer Systems, to meet the working capital requirements, to meet the issue expenses and general corporate expenses...

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