Nisus Finance Services IPO
Open SmeCurrent GMP
₹95 (+52.78%)
Price Band
₹ 170 – 180
Lot Size
800
Issue Size
₹114.24 Cr
Minimum Investment
₹288000 (1600 Shares)
Listing Date
11 December 2024
Subscription
178.48x
About the Company
Nisus Finance Services Co Limited, originally incorporated as Molior Realty Private Limited on August 21, 2013, underwent a name change to Nisus Finance Services Co Private Limited on July 28, 2014. It later converted from a private limited company to a public limited company on May 23, 2024, and the name was updated to Nisus Finance Services Co Limited. The company’s Corporate Identification Number (CIN) is U65923MH2013PLC247317.
Its business is primarily divided into two segments:
1) Transaction Advisory Services and
2) Fund and Asset Management.
The company’s Transaction Advisory services work closely with developer partners, while its subsidiaries such as Nisus BCD Advisors LLP, Nisus Finance & Investment Managers LLP, and others, focus on Real Estate and Urban Infrastructure Fund and Asset Management. Another subsidiary, Nisus Fincorp Private Limited, is an NBFC involved in financing. The company has also invested in Microsafe Projects LLP, an associate engaged in acquiring residential properties.
Nisus Finance Services has diversified into real estate and urban infrastructure funds and asset management over the past decade. Its Transaction Advisory services are praised for their alignment with clients' long-term business plans, and one of its schemes, the Real Estate Special Opportunities Fund – I, has received a Care AIF 1 grading from CareEdge, reflecting excellent investment processes.
Promoters
- Amit Anil Goenka
- Mridula Amit Goenka
Promoters Holding
Holding Pre Issue
99.74%
Holding Post Issue
73.22%
Objects of the Issue
The Net Proceeds will be utilized towards the following objectives:
- Augmenting fund setup, additional licenses, facility management services, and fund management infrastructure in IFSCGift City (Gandhinagar), DIFC-Dubai (UAE), and FSC-Mauritius.
- Fund raising cost, distribution, and placement fee to third-party distributors or agents in India and/or international markets for the creation of a pool of funds.
- Investment in Associate Company viz. Nisus Fincorp Private Limited (RBI Registered NBFC), to augment the capital base.
- General Corporate Purposes.
Address / Contact Info
Nisus Finance Services Co Limited
Unit No 502-A, Floor-5, A-Wing,
Poonam Chambers, Dr. Annie Besant Road,
Worli, Mumbai, Maharashtra - 400018
Phone: +91-22-6164 8888
Email: cs@nisusfin.com
Website: http://www.nisusfin.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 04 December 2024
IPO Close Date
Friday, 06 December 2024
Basis of Allotment
Monday, 09 December 2024
Initiation of Refunds
Tuesday, 10 December 2024
Credit of Shares to Demat
Tuesday, 10 December 2024
Listing Date
Wednesday, 11 December 2024 — NSE & BSE
Important Dates
Open Date
04 December 2024
Close Date
06 December 2024
Basis Of Allotment
09 December 2024
Listing Date
11 December 2024
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 5835.66 | 4903.31 | 3106.22 | 2077.43 |
| Revenue | 1500.53 | 4224.92 | 1153.83 | 749.51 |
| Profit After Tax | 835.72 | 2305.29 | 302.02 | 129.43 |
| Net Worth | 3876.66 | 3129.8 | 938.95 | 638.9 |
| Reserve & Surplus | 2236.2 | 3119.19 | 831.7 | 531.65 |
| Total Borrowings | 663.83 | 726.5 | 1813.5 | 1041.56 |
EPS Pre
12.25%
EPS Post
14.00%
P/E Pre
14.24
P/E (Post Issue)
12.86x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 109.83 |
| ROCE % | 101.63 |
| Debt / Equity | 0.23 |
| RoNW % | 73.09 |
| PbW | 10.48 |
| Pat Margin % | 54.3 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1789600 | 28.2 | 0 |
| Market Maker | 351200 | 5.53 | 0 |
| Qualified Institutions | 1194400 | 18.82 | 0 |
| Non-Institutional | 1247200 | 14.12 | 0 |
| Retail Investors | 2091200 | 32.95 | 0 |
| Employees | 24000 | 0.38 | 0 |
| Total | 6346400 | 100 | 0 |
Subscription Status ( Fri, 06 Dec 24 01:11 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1194400 | 112084000 | 93.84x |
| Non-Institutional | 1247200 | 404635200 | 324.43x |
| Retail Investors | 2091200 | 292310400 | 139.78x |
| Total | 4532800 | 809029600 | 178.48x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | 144,000.00 |
| Retail (Max) | 1 | 800 | 144,000.00 |
| S-HNI (Min) | 2 | 1,600 | 288,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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.
Nisus Finance Services IPO is a Book-building IPO worth ₹114.24 crores. The price band is ₹170 to 180 per share. The IPO opens on Wed, Dec 4, 2024 and closes on Fri, Dec 6, 2024. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Nisus Finance Services IPO opens on Wed, Dec 4, 2024 and closes on Fri, Dec 6, 2024
Nisus Finance Services IPO Price Band is ₹170 to 180.
Nisus Finance Services IPO lot size is 800, and the minimum amount required for application is ₹288000.
The minimum investment for Nisus Finance Services IPO is approximately ₹288000 based on the upper price band.
To apply for the Nisus Finance Services 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 Fri, Dec 6, 2024. After submission, funds are blocked until the basis of allotment of Nisus Finance Services IPO is finalised.
Nisus Finance Services IPO issue size is ₹114.24 crores.
Nisus Finance Services IPO allotment date is Sat, Jun 27, 2026.
The registrar for Nisus Finance Services IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Nisus Finance Services IPO through their official website or helpline.
The Nisus Finance Services IPO GMP (Grey Market Premium) is ₹95 as of Wed, Dec 11, 2024. Based on the upper price band of ₹180 per share, the estimated Nisus Finance Services IPO listing price is ₹275, indicating a potential listing gain of approximately 31% over the issue price.