Shares of PAN HR Solutions entered the BSE SME platform with a muted debut, listing near its issue price of Rs. 78. The stock opened at Rs. 78.35, broadly in line with grey market expectations.
Despite the IPO witnessing healthy subscription levels, the absence of listing gains reflects cautious near-term sentiment in the SME segment. Analysts suggest the company’s post-listing performance will depend on earnings visibility and business execution in the coming quarters.
