NIS Management IPO
Open SmeCurrent GMP
₹7 (+6.31%)
Price Band
₹ 105 – 111
Lot Size
1200
Issue Size
₹60.01 Cr
Minimum Investment
₹266400 (2400 Shares)
Listing Date
02 September 2025
Subscription
3.23x
About the Company
Incorporated in 1985 and headquartered in Kolkata, NIS Management Limited is a leading service provider in the field of security and facility management. The company began its journey as a small five-member operation and has since evolved into a prominent name in the industry, known for its professionalism, operational excellence, and client-centric approach.
Growth & Presence:
Over nearly four decades, the company has grown significantly, establishing a workforce strength of approximately 16,490 employees (including contract staff) as of August 31, 2024. Today, NIS operates across 14 states, with 14 strategically located branches, ensuring seamless service delivery and efficient client support. The company proudly serves a diverse client base of more than 600 organizations across India.
Core Services:
- Security Services
- Round-the-clock vigilance and monitoring
- Night patrol services
- Fire and safety training programs
- Help desk operations
- Customized security solutions based on client needs
- Integrated Facility Management
- Consolidation of all facility-related contracts under a single management system
- Streamlined operations and better coordination
- Enhanced communication and improved efficiency
- Comprehensive oversight to meet the needs of growing organizations
- Housekeeping & Payroll Management Services
- Maintenance of employee master database
- Attendance and leave management
- Overtime calculation and monthly reimbursements
- Payroll processing including salary revisions and HR particulars
- Onboarding support for new recruits from offer letter to final placement
Promoters
- Mr. Debajit Choudhury
- Ms. Rina Choudhury
- Ms. Susmita Mukherjee
- Ms. Debahuti Chatterjee
- Ms. Nita Dey
Promoters Holding
Holding Pre Issue
95.99%
Holding Post Issue
69.63%
Objects of the Issue
The Company NIS Management IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- To Meet Working Capital Requirements
- General Corporate Purpose
Address / Contact Info
NIS Management Ltd.
01st Floor,Fl-1A(W) 489 Madurdaha,
Kalikapur,Kolkata, West Bengal, 700107
Phone: 91-9836205111
Email: info@nis.co.in
Website: https://nis.co.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 25 August 2025
IPO Close Date
Thursday, 28 August 2025
Basis of Allotment
Friday, 29 August 2025
Initiation of Refunds
Monday, 01 September 2025
Credit of Shares to Demat
Monday, 01 September 2025
Listing Date
Tuesday, 02 September 2025 — NSE & BSE
Important Dates
Open Date
25 August 2025
Close Date
28 August 2025
Basis Of Allotment
29 August 2025
Listing Date
02 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 255.11 | 247.44 | 225.72 |
| Revenue | 405.33 | 380.06 | 341.93 |
| Profit After Tax | 18.67 | 18.4 | 16.14 |
| Net Worth | 152 | 132.96 | 114.55 |
| Reserve & Surplus | 137.14 | 125.97 | 107.57 |
| Total Borrowings | 83.78 | 91.11 | 87.22 |
EPS Pre
12.15%
EPS Post
9.29%
P/E Pre
9.13
P/E (Post Issue)
11.94x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 13.1 | 14.85 | 15.16 |
| ROCE % | 17.63 | 22.11 | 21.27 |
| Debt / Equity | 0.55 | 0.69 | 0.76 |
| RoNW % | 13.1 | 14.85 | 15.16 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 4.64 | 4.86 | 4.74 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 1008000 | 28.24 | 0 |
| Non-Institutional | 774000 | 21.68 | 0 |
| BNII | 516000 | 14.45 | 0 |
| SNII | 258000 | 7.23 | 0 |
| Retail Investors | 1788000 | 50.08 | 0 |
| Total | 3900000 | 100 | 0 |
Subscription Status ( Thu, 28 Aug 25 01:49 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1008000 | 2133600 | 2.12x |
| Non-Institutional | 774000 | 7408800 | 9.57x |
| Retail Investors | 1788000 | 1972800 | 1.1x |
| Total | 3570000 | 11515200 | 3.23x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| NIS Management Ltd | 10 | 0.00 | 12.38 | 12.38 | 13.10 | 100.59 |
| Quess Corporation Ltd | 10 | 100.10 | 3.08 | 3.07 | 1.88 | 72.92 |
| SIS Ltd | 5 | 467.68 | 0.82 | 0.81 | -0.37 | 166.79 |
| Teamlease Service Ltd | 10 | 29.68 | 64.86 | 64.86 | 12.71 | 550.36 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 266,400.00 |
| Retail (Max) | 2 | 2,400 | 266,400.00 |
| S-HNI (Min) | 3 | 3,600 | 399,600.00 |
| S-HNI (Max) | 7 | 8,400 | 932,400.00 |
| B-HNI (Min) | 8 | 9,600 | 1,065,600.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Share India Capital Services Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
NIS Management IPO is a Book-building IPO worth ₹60.01 crores. The price band is ₹105 to 111 per share. The IPO opens on Mon, Aug 25, 2025 and closes on Thu, Aug 28, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The NIS Management IPO opens on Mon, Aug 25, 2025 and closes on Thu, Aug 28, 2025
NIS Management IPO Price Band is ₹105 to 111.
NIS Management IPO lot size is 1200, and the minimum amount required for application is ₹266400.
The minimum investment for NIS Management IPO is approximately ₹266400 based on the upper price band.
To apply for the NIS Management IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 28, 2025. After submission, funds are blocked until the basis of allotment of NIS Management IPO is finalised.
NIS Management IPO issue size is ₹60.01 crores.
NIS Management IPO allotment date is Sat, Jun 27, 2026.
The registrar for NIS Management IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to NIS Management IPO through their official website or helpline.
The NIS Management IPO GMP (Grey Market Premium) is ₹6 as of Thu, Aug 28, 2025. Based on the upper price band of ₹111 per share, the estimated NIS Management IPO listing price is ₹117, indicating a potential listing gain of approximately 31% over the issue price.