Nisus Finance Services Co Limited launched its IPO on December 4, 2024. This book-built issue aims to raise ₹114.24 crores. This SME IPO issue involves a combination of a fresh issue (₹101.62 crores) and an offer for sale (₹12.61 crores). The shares are priced between ₹170 and ₹180 per share, with a minimum IPO lot size of 800 shares. The Nisus Finance Services IPO allotment is expected on December 9, 2024. This shall be followed by the IPO listing on BSE which is scheduled for December 11, 2024.
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Nisus Finance Services BSE SME IPO (Tentative Timeline)
Here is a brief table that shows the key details of Nisus Finance Servies Limited IPO:
Key Detail | Information |
Symbol | NISUS |
IPO Opening Date | December 4, 2024 |
IPO Closing Date | December 6, 2024 |
Listing Date | December 11, 2024 |
Face Value | ₹10 per share |
Price Range | ₹170 to ₹180 per share |
Minimum Order Quantity | 800 Equity Shares |
Maximum Bid Quantity for QIIs | 5971200 |
Maximum Bid Quantity for NIIs | 2987200 |
Total Issue Size | 6,346,400 Equity Shares |
IPO Segment | Book Built Issue IPO |
Book Running Lead Managers | Beeline Capital Advisors Pvt Ltd |
Registrar | Skyline Financial Services Pvt Ltd. |
Listing At | BSE SME |
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Brief Overview of Nisus Finance Services Co Limited
Founded in 2013, Nisus Finance Services Co Limited specialises in financial services.These include, Transaction Advisory, Fund and Asset Management, and Venture Debt solutions. Here’s a look at its current offerings:
- Transaction Advisory Services: It serves joint ventures, capital structuring, and real estate transactions.
- Fund and Asset Management: This basically involves special situation funding and growth capital for developers.
Nisus Finance Services IPO: Key Details
- Nisus Finance Services IPO Launch Date: December 4, 2024
- Nisus Finance Services IPO Closing Date: December 6, 2024
- Nisus Finance Services IPO Allotment Date: December 9, 2024
- Nisus Finance Services IPO Price Band: ₹170 to ₹180 per share
- Nisus Finance Services IPO Lot Size: 800 shares
- Nisus Finance Services Face Value: ₹10 per share
- Nisus Finance Services Refunds Initiated: December 10, 2024
- Shares Credited to Demat: December 10, 2024
- Listing Date: December 11, 2024
Nisus Finance Services Co Limited: Financial Overview
Nisus Finance Services has shown a remarkable growth. It has assets under management (AUM) of approximately ₹1,000 crore (FY2024) and its revenue increased by 266.16%.
Year | Assets (₹ Lakhs) | Revenue (₹ Lakhs) | Profit After Tax (₹ Lakhs) | Net Worth (₹ Lakhs) | Reserves and Surplus (₹ Lakhs) | Total Borrowing (₹ Lakhs) |
30 Jun 2024 | 5,835.66 | 1,500.53 | 835.72 | 3,876.66 | 2,236.20 | 663.83 |
31 Mar 2024 | 4,903.31 | 4,224.92 | 2,305.29 | 3,129.80 | 3,119.19 | 726.50 |
31 Mar 2023 | 3,106.22 | 1,153.83 | 302.02 | 938.95 | 831.70 | 1,813.50 |
31 Mar 2022 | 2,077.43 | 749.51 | 129.43 | 638.90 | 531.65 | 1,041.56 |
Analysis of Nisus Finance Services IPO
As seen in the table above, Nisus Finance Services has shown a strong financial growth. Its diverse business model positions it well in the financial services market.
However, the IPO is priced fully. This may limit short-term listing gains. Additionally, the company operates in niche segments with higher risks, and its growth depends on sustaining its current momentum. You must do a proper research and anaylse your financial goal before applying.
FAQs – Nisus Finance Services IPO
Nisus Finance Services offers Transaction Advisory and Fund/Asset Management services, with a strong presence in corporate finance and real estate sectors.
The IPO opens on December 4, 2024, and closes on December 6, 2024.
The minimum IPO lot size of Nisus Finance Services is 800 shares.
The tentative IPO allotment date of Nisus Finance Services IPO is December 9, 2024.
You can check the allotment status on Skyline Financial Services’ website.
The price band is ₹170 to ₹180 per share.
The tentative listing date of Nisus Finance Services IPO is December 11, 2024.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.