Nisus Finance Services IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 04 Dec 2024
Close Date
Fri, 06 Dec 2024
Price Band
₹ 170 – 180
Lot Size
800
Issue Size
₹ 114.24 Cr
Minimum Investment
₹ 288,000 (1600 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
Nisus Finance Services 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 ₹114.24 Crore, comprising a fresh issue of 56.46 Lakh equity shares aggregating to ₹101.62 Crore and an offer for sale (OFS) of 7.01 Lakh equity shares aggregating to ₹12.61 Crore by the existing shareholders.
The Nisus Finance Services IPO remained open for subscription from December 04, 2024, to December 06, 2024. The basis of allotment was finalized on December 09, 2024, and the company's shares were listed on BSE SME Platform on December 11, 2024.
The company had fixed the price band at ₹170 to ₹180 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹288,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Nisus Finance Services Co Limited 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.
Nisus Finance Services IPO Timeline (Tentative)
- IPO Open Date
- Wed, 04 Dec 24
- IPO Close Date
- Fri, 06 Dec 24
- Basis of Allotment
- Mon, 09 Dec 24
- Initiation of Refunds
- Tue, 10 Dec 24
- Credit of Shares to Demat
- Tue, 10 Dec 24
- Listing Date
- Wed, 11 Dec 24 — NSE & BSE
Open Date
04 December 2024
Close Date
06 December 2024
Basis Of Allotment
09 December 2024
Listing Date
11 December 2024
IPO Subscription
Check Live Subscription →The Nisus Finance Services IPO has received bids for 80,90,29,600 shares against 45,32,800 shares offered, resulting in an overall subscription of 178.48x. the NII category is subscribed 324.43x, Retail Investors 139.78x, and QIBs 93.84x.
QIB
93.84x
NII
324.43x
RII
139.78x
Total
178.48x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,91,200 shares, representing 32.95% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,94,400 shares (18.82%), while Non-Institutional Investors (NIIs) receive 12,47,200 shares (14.12%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 1,789,600 | 28.2% |
| Market Maker | 351,200 | 5.53% |
| Qualified Institutions | 1,194,400 | 18.82% |
| Non-Institutional | 1,247,200 | 14.12% |
| Retail Investors | 2,091,200 | 32.95% |
| Employees | 24,000 | 0.38% |
| Total | 6,346,400 | 100% |
Financials Details(₹ 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 |
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.
Nisus Finance Services Co Limited KPI Information
| 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 |
Peers Comparison
No Peer Comparision Available
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.
Nisus Finance Services Co Limited Address / Contact Details
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
Nisus Finance Services IPO Lot Size
The Nisus Finance Services IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹1,44,000 by applying for 1 lot (800 shares). The maximum application allowed for the retail category is 1 lots (800 shares), requiring an investment of ₹1,44,000.
| 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 |
Issue Reservation
- Anchor Investors — 28.2%
- Market Maker — 5.53%
- QIB — 18.82%
- NII — 14.12%
- RII — 32.95%
- EMP — 0.38%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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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 Nisus Finance Services 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.
When will the Nisus Finance Services IPO open for subscription?
The Nisus Finance Services IPO opens on Wed, Dec 4, 2024 and closes on Fri, Dec 6, 2024
What is Nisus Finance Services IPO Price Band?
Nisus Finance Services IPO Price Band is ₹170 to 180 per share.
What is Nisus Finance Services IPO Lot Size?
Nisus Finance Services IPO lot size is 800 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
What is the minimum investment for Nisus Finance Services IPO?
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.
How to apply for Nisus Finance Services IPO?
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.
What is Nisus Finance Services IPO Issue Size?
Nisus Finance Services IPO issue size is ₹114.24 crores.
What is the Nisus Finance Services IPO Allotment Date?
Nisus Finance Services IPO allotment date is Mon, Dec 9, 2024.
Who is the Nisus Finance Services IPO Registrar?
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.
What is the Nisus Finance Services IPO GMP?
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 52.78% over the issue price.
Who is the Nisus Finance Services IPO Lead Manager?
The book-running lead managers (BRLMs) for the Nisus Finance Services IPO are Beeline Capital Advisors Pvt Ltd. 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 Nisus Finance Services IPO Red Herring Prospectus (RHP).