Nisus Finance Services Co.Limited
Bookbuilding IPO · BSE
- Price band
- ₹170 - ₹180
- Lot size
- 800 shares
- Issue amount
- ₹114.24 cr
- Total subscription
- 192.37×
- Opens
- 4 Dec 2024
- Closes
- 6 Dec 2024
- Allotment
- 9 Dec 2024
- Listing
- 11 Dec 2024
Offer at a glance
Issue overview
- Issue size
- 63,46,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,36,000
- Fresh issue
- ₹95.3 cr
- Offer for sale
- ₹12.61 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,44,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,82,32,500
- Shares after issue
- 2,38,78,100
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| retail | 1 | 800 | ₹1,44,000 |
| HNI | 2 | 1,600 | ₹2,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 21.5 | 0 |
| RETAIL | 37.64 | 0 |
| EMPLOYEES | 0.43 | 0 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.56 | 12.55 | 1.65 |
| ROE | 22.81 | 109.83 | 38.03 |
| ROCE | 24.2 | 101.63 | 23.48 |
| RONW | 21.43 | 73.09 | 31.96 |
| PRE IPO(PE) | 0 | 14.24 | 0 |
| POST IPO(PE) | 0 | 12.86 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Nisus Finance Services Co. Limited, founded in 2013, provides comprehensive financial services including Transaction Advisory, Fund and Asset Management, Private Equity, Venture Debt, and Capital Solutions for corporate clients. Its operations are divided into two segments: Transaction Advisory Services, facilitating sales, joint ventures, capital structuring, and corporate real estate advisory; and Fund and Asset Management, offering growth capital, project financing, and asset management for Alternative Investment Funds (AIFs) in real estate and infrastructure. The company manages four AIF schemes—Real Estate Special Opportunities Fund – 1, Real Estate Credit Opportunities Fund – 1, Nisus High Yield Growth Fund – 1, and Nisus High Yield Growth Fund Closed-Ended—with total assets under management of approximately ₹1,000 crore as of FY2024. Headquartered in India with three offices (two domestic and one international), Nisus Finance employs 24 people and generates revenue primarily from fund management fees.
Strengths
- Strong Brand and Credibility: Well-established, customer-focused NiFCO brand known for reliability and expertise.
- Diversified Business Model: Offers a wide range of financial services, providing multiple revenue streams and resilience.
- Market Insight: Demonstrated capability to identify and capitalize on emerging market trends effectively.
Risk factors
- Litigation Risks: Ongoing legal cases involving the company, promoters, directors, and subsidiaries may result in liabilities or penalties, potentially affecting reputation and financial stability.
- Revenue Concentration: Heavy reliance on key customers and investors exposes the company to liquidity risks, impacting operations and financial performance.
- Intense Competition: Rising competition in the financing industry could create pricing pressures, affecting customer retention, new business acquisition, and overall growth.
Promoters
Amit Anil Goenka
Mridula Amit Goenka
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit No 502-A, Floor-5, A-Wing, Poonam Chambers, Dr. Annie Besant Road, Worli, Mumbai – 400018
+91-22-6164 8888
[email protected]Company website ↗Understanding NISUS 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.