IPO

Nisus Finance Services Co Limited IPO

BSE SME

Listed On: Dec 10, 2024 at ₹ 225.0

₹ 288000 /1600 Shares
*Min Investment

Check Allotment

04 Dec, 2024

Open Date

06 Dec, 2024

Close Date

09 Dec, 2024

Allotment Date

10 Dec, 2024

Listing Date
Nisus Finance Services Co IPO Issue Details
  • Issue Price ₹170-180 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 63,46,400 shares(aggregating up to ₹114.24 crore)
  • Fresh Share 56,45,600 shares(aggregating up to ₹101.62 crore)
  • Offer For Sale 7,00,800 shares(aggregating up to ₹12.61 crore)
  • Listing at BSE SME
  • List Price 225.0
  • Listing Date 2024-12-10
  • Lead Manager Beeline Capital Advisors Pvt Ltd
  • Registrar Skyline Financial Services Private Ltd
Market Lot Size

Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)1800₹1,44,000
Retail(max)1800₹1,44,000
NII (min) 21,600₹2,88,000
Nisus Finance Services Co IPO Reservation

Nisus Finance Services Co IPO offers total 6,346,400 shares. Out of which 1,194,400 (18.82%) allocated to QIB, 896,000 (14.12%) allocated to NII,2,091,200 (32.95%) allocated to RII, NA (NA%) allocated to employees and 1,789,600 (28.2%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered1,789,600 (28.2%)
Market Maker Shares Offered351,200 (5.53%)
QIB Shares Offered1,194,400 (18.82%)
NII (HNI) Shares Offered896,000 (14.12%)
Retail Shares Offered2,091,200 (32.95%)
Total Shares Offered6,346,400 (100%)
Nisus Finance Services Co IPO Documents
Nisus Finance Services Co IPO Details


Nisus Finance Services Co Limited IPO is an SME IPO, priced at ₹170-180 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 63,46,400 equity shares, aggregating up to ₹114.24 crores..

The IPO bidding window is open from Dec 4, 2024 to Dec 6, 2024. The allotment is expected to be finalized on Dec 9, 2024, and the tentative listing date is Dec 10, 2024.

The minimum lot size for Retail investors is 800 shares, with a minimum investment of ₹1,44,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,88,000.

Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.

Read More
Nisus Finance Services Co IPO Subscription Analysis And Details
Retail
139.78x
Total
192.29x
As onQIB / NIIRetailTotal
Shares Offered / Reserved1,194,400 / 896,000*2,091,2004,205,600
Day 1 04-12-24 06:00 PM
2.89 / 2.22 x3.75 x3.16 x
Day 2 05-12-24 06:00 PM
3.41 / 22.88 x29.07 x20.30 x
Day 3 06-12-24 06:00 PM
93.84 / 451.21* x139.78 x192.29 x

Total No of Applications
4,58,967
Nisus Finance Services Co Valuations
EPS Pre IPO ₹12.64/-
EPS Post IPO ₹14/-
P/E Pre IPO 14.24
P/E Post IPO 12.86
ROE 109.83%
ROCE 101.63%
Debt/Equity 0.23
RoNW 73.09%
PAT Margin 54.30
Price to Book Value 10.48
Nisus Finance Services Co Company Financials
In Lakhs
In Lakh
31-Mar-2431-Mar-2331-Mar-22
Assets4,903.313,106.222,077.43
Revenue4,224.921,153.83749.51
Profit After Tax2,305.29302.02129.43
Net Worth3,129.80938.95638.90
Reserves & Surplus3,119.19831.70531.65
Total Borrowing726.501,813.501,041.56
About Nisus Finance Services Co Company

Nisus Finance Services Co Limited is a company established in 2013 that offers all-rounded financial services, including Transaction Advisory, Fund and Asset Management, Private Equity, Venture Debt, and Capital Solutions for corporate clients. The company operates in two main segments:

1. Transaction Advisory Services: It provides outright sales, joint ventures, capital structuring, and corporate real estate transactions, linking businesses with private equity funds and financial institutions.
2. Fund and Asset Management: Provides growth capital, project finance, and asset management services to SEBI, IFSC, and DIFC registered Alternative Investment Funds (AIFs). Its assets under management comprise four schemes: Real Estate Special Opportunities, Credit Opportunities, among others.

With approximately ₹1,000 crore (FY2024) AUM in real estate and infrastructure, Nisus Finance Services generates its revenues from fund management fees. Three offices in January 2024 were managed: two located within India, the other international.

Read More
Nisus Finance Services Co - Promoter(s)

Amit Anil Goenka

Mridula Amit Goenka

Pre Issue Share Holding : 99.74%

Post Issue Share Holding : 73.22%

Nisus Finance Services Co IPO - Issue Objectives
1

Augmenting fund setup, additional licenses, facility management services, and fund management infrastructure in IFSCGift City (Gandhinagar), DIFC-Dubai (UAE), and FSC-Mauritius.

2

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.

3

Investment in Associate Company viz. Nisus Fincorp Private Limited (RBI Registered NBFC), to augment the capital base.

4

General Corporate Purposes.

Contact Details

Nisus Finance Services Co

Unit No 502-A, Floor-5, A-Wing, Poonam Chambers, Dr. Annie Besant Road, Worli, Mumbai - 400018

+91-22-6164 8888

cs@nisusfin.com

http://www.nisusfin.com/

Registrar Contact Details

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php