NIS Management IPO
GMP, Subscription, Price, Dates & Financial Details
Professional Services
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…
Open Date
Mon, 25 Aug 2025
Close Date
Thu, 28 Aug 2025
Price Band
₹ 105 – 111
Lot Size
1200
Issue Size
₹ 60.01 Cr
Minimum Investment
₹ 266,400 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
NIS Management IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹60.01 Crore, comprising a fresh issue of 43.32 Lakh equity shares aggregating to ₹48.09 Crore and an offer for sale (OFS) of 7.44 Lakh equity shares aggregating to ₹8.26 Crore by the existing shareholders.
The NIS Management IPO remained open for subscription from August 25, 2025, to August 28, 2025. The basis of allotment was finalized on August 29, 2025, and the company's shares were listed on BSE SME Platform on September 02, 2025.
The company had fixed the price band at ₹105 to ₹111 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹266,400 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. Share India Capital Services Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, NIS Management Ltd is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
NIS Management IPO Timeline (Tentative)
- IPO Open Date
- Mon, 25 Aug 25
- IPO Close Date
- Thu, 28 Aug 25
- Basis of Allotment
- Fri, 29 Aug 25
- Initiation of Refunds
- Mon, 01 Sep 25
- Credit of Shares to Demat
- Mon, 01 Sep 25
- Listing Date
- Tue, 02 Sep 25 — NSE & BSE
Open Date
25 August 2025
Close Date
28 August 2025
Basis Of Allotment
29 August 2025
Listing Date
02 September 2025
IPO Subscription
Check Live Subscription →The NIS Management IPO has received bids for 1,15,15,200 shares against 35,70,000 shares offered, resulting in an overall subscription of 3.23x. the NII category is subscribed 9.57x, Retail Investors 1.1x, and QIBs 2.12x.
QIB
2.12x
NII
9.57x
RII
1.1x
Total
3.23x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 17,88,000 shares, representing 50.08% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 10,08,000 shares (28.24%), while Non-Institutional Investors (NIIs) receive 7,74,000 shares (21.68%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,008,000 | 28.24% |
| Non-Institutional | 774,000 | 21.68% |
| BNII | 516,000 | 14.45% |
| SNII | 258,000 | 7.23% |
| Retail Investors | 1,788,000 | 50.08% |
| Total | 3,900,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
NIS Management Ltd KPI Information
| 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 |
| Pat Margin % | 4.64 | 4.86 | 4.74 |
Peers Comparison
| 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 |
About NIS Management Ltd
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
NIS Management IPO 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%
NIS Management IPO Objective
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
NIS Management Ltd Address / Contact Details
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
NIS Management IPO Lot Size
The NIS Management IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,66,400 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,66,400.
| 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 |
Issue Reservation
- QIB — 28.24%
- NII — 21.68%
- RII — 50.08%
Book Running Lead Managers
- Share India Capital Services Private Limited
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the NIS Management IPO?
NIS Management IPO is a Book-building IPO with a total issue size of ₹60.01 crore. The NIS Management IPO price band is ₹105 to 111 per share. The NIS Management IPO subscription opens on Mon, Aug 25, 2025, and closes on Thu, Aug 28, 2025. The NIS Management IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the NIS Management IPO.
When will the NIS Management IPO open for subscription?
The NIS Management IPO opens on Mon, Aug 25, 2025 and closes on Thu, Aug 28, 2025
What is NIS Management IPO Price Band?
NIS Management IPO Price Band is ₹105 to 111 per share.
What is NIS Management IPO Lot Size?
NIS Management IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹266400 based on the upper price band
What is the minimum investment for NIS Management IPO?
The minimum investment for NIS Management IPO is ₹266400, based on one lot of 1200 shares at the upper price band of ₹111 per share.
How to apply for NIS Management IPO?
Investors can apply for the NIS Management IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 28, 2025. The application amount remains blocked until the NIS Management IPO allotment is finalized.
What is NIS Management IPO Issue Size?
NIS Management IPO issue size is ₹60.01 crores.
What is the NIS Management IPO Allotment Date?
NIS Management IPO allotment date is Fri, Aug 29, 2025.
Who is the NIS Management IPO Registrar?
The registrar for NIS Management IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check NIS Management IPO allotment status, refund processing, and other IPO-related information.
What is the NIS Management IPO GMP?
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 5.41% over the issue price.
Who is the NIS Management IPO Lead Manager?
The book-running lead managers (BRLMs) for the NIS Management IPO are Share India Capital Services Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the NIS Management IPO Red Herring Prospectus (RHP).