Nisus Finance Services IPO Details
The Nisus Finance Services IPO is a book build issue with a total issue size of ₹114.24 cr, comprising of fresh issue of 5645600 equity shares., and a offer for sale of 700800 equity shares. Nisus Finance Services IPO opened for subscription on Dec 04, 2024 and closed on Dec 06, 2024. Nisus Finance Services IPO is set price band at ₹170 to ₹180 per share, with a lot size of 800 shares. Minimum investment for Retail investors was ₹288,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Dec 09, 2024, and listed on both the NSE and BSE on Dec 11, 2024.
Skyline Financial Services Private Ltd has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Nisus Finance Services IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 170 – 180
- Lot Size
- 800
- Issue Size
- ₹114.24 Cr
- Minimum Investment
- ₹288000 (1600 Shares)
- Listing Date
- 11 December 2024
Current GMP
₹95 (+52.78%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Nisus Finance Services Co Limited
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.
Nisus Finance Services IPO Promoters
- Amit Anil Goenka
- Mridula Amit Goenka
Promoters Holding
Holding Pre Issue
99.74%
Holding Post Issue
73.22%
Nisus Finance Services IPO Objective
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
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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 with a total issue size of ₹114.24 crore. The Nisus Finance Services IPO price band is ₹170 to 180 per share. The Nisus Finance Services IPO subscription opens on Wed, Dec 4, 2024, and closes on Fri, Dec 6, 2024. The Nisus Finance Services IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Nisus Finance Services IPO.
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 per share.
Nisus Finance Services IPO lot size is 800 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
The minimum investment for Nisus Finance Services IPO is ₹288000, based on one lot of 800 shares at the upper price band of ₹180 per share.
Investors can apply for the Nisus Finance Services 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 Fri, Dec 6, 2024. The application amount remains blocked until the Nisus Finance Services IPO allotment is finalized.
Nisus Finance Services IPO issue size is ₹114.24 crores.
Nisus Finance Services IPO allotment date is Wed, Jul 1, 2026.
The registrar for Nisus Finance Services IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Nisus Finance Services IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.