NIS Management Limited
Bookbuilding IPO · BSE
- Price band
- ₹105 - ₹111
- Lot size
- 1,200 shares
- Issue amount
- ₹60.01 cr
- Total subscription
- 3.23×
- Opens
- 25 Aug 2025
- Closes
- 28 Aug 2025
- Allotment
- 29 Aug 2025
- Listing
- 2 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 54,06,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,26,000
- Fresh issue
- ₹51.77 cr
- Offer for sale
- ₹8.26 cr
- Registrar
- Maashitla Securities Pvt.Ltd
- Listing exchange
- BSE
- Maximum investment
- ₹1,33,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,51,38,094
- Shares after issue
- 1,98,00,094
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,66,400 |
| sHNI | 3 | 3,600 | ₹3,99,600 |
| bHNI | 8 | 9,600 | ₹10,65,600 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 7 |
| NIB | 0 | 691 |
| RETAIL | 745 | 822 |
| HNIs(10L +) | 143 | 619 |
| HNIs (2-10L) | 72 | 72 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 11.19 | 23.68 |
| RETAIL | 19.85 | 21.9 |
| HNIs 2+ | 2.86 | 4.77 |
| HNIs 10+ | 5.73 | 77.47 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 0 | 0 | 0 |
| ROE | 11.42 | 13.28 | 13.16 |
| ROCE | 10.9 | 14.39 | 13.3 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 9.13 | 0 |
| POST IPO(PE) | 0 | 11.94 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1985 and headquartered in Kolkata, NIS Management Limited is engaged in the business of security and facility management. The company provides a wide range of services such as manned guarding, electronic surveillance, facility management, payroll processing, and housekeeping. Over the years, NIS has grown significantly, evolving from a small five-person operation in 1985 into a prominent player in the security services industry. Today, it has a workforce of around 16,490 employees, including contract labor, and operates across 14 states with more than 600 clients. The company has also established 14 branches strategically located to ensure efficient service delivery in diverse regions. Its offerings include security services such as round-the-clock vigilance, night patrol, fire and safety training, and help desk operations; integrated facility management, which consolidates various contracts and strategies into one system for improved communication, efficiency, and oversight; and housekeeping services, which cover employee database management, attendance tracking, leave and overtime records, payroll processing, and HR-related tasks for new recruits. NIS remains committed to delivering exceptional, locally tailored services with strong operational standards.
Strengths
- Wide Regional Network: strong presence across states with efficient manpower sourcing and deployment
- Balanced Workforce Structure: high core-to-associate ratio for better supervision and service quality
- Smart Attendance System: mobile app-based tracking for accuracy, transparency, and efficiency
Risk factors
- Regional Revenue Dependence: heavy reliance on West Bengal, disruptions may impact business performance
- Key Division Reliance: security and housekeeping form major revenue share, loss of clients/contracts may affect growth
- Legal Risks: pending cases pose financial and reputational threats, adverse outcomes may hurt operations
Promoters
Mr. Debajit Choudhury
Ms. Rina Choudhury
Ms. Susmita Mukherjee
Ms. Debahuti Chatterjee
Ms. Nita Dey
Registrar & documents
Lead manager
Share India Capital Services Private Limited
Registrar & contacts
Maashitla Securities Pvt.Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
01st Floor, Fl-1A(W) 489 Madurdaha, Kalikapur, Kolkata, West Bengal, 700107
91-9836205111
[email protected]Company website ↗Understanding NISMGMT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.