Upcoming IPO SME

Nisus Finance Services IPO: Dates, Pricing, and Allotment 2024

Nisus Finance Services IPO is set to open on December 4, 2024, and will close on December 6, 2024. The Nisus Finance Services IPO is a Book Built Issue, aiming to raise approximately ₹114.24 crores. This includes a fresh issue of ₹101.62 crores and an offer for sale of up to 700,800. The face value of each share is ₹10.

Nisus Finance Services IPO Price band is set between ₹170 to ₹180 per share. The quota allocation is 35% for Retail investors, 50% for Qualified institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Nisus Finance Services IPO is scheduled to list on BSE on December 11, 2024, with the allotment announcement on December 9, 2024.

The company reported revenue of ₹11.54 crores in 2023, compared to ₹7.50 crores in 2022. It posted a Profit of ₹3.00 crores in 2023, compared to a Profit of ₹1.30 crores in 2022. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.

Nisus Finance Services IPO GMP

Nisus Finance Services IPO Details

Overview PointsDescription
Company NameNisus Finance Services Limited
IndustryFinancial Services
IPO Issue TypeBook Built Issue
Open DateDecember 4, 2024
Close DateDecember 6, 2024
Total Issue SizeApprox ₹114.24 Crores
Fresh IssueApprox ₹101.62 Crores
Face Value₹10 Per Equity Share
Price Band₹170 to ₹180 Per Share
Listing onBSE SME
Lot Size800 Shares Per Lot
Offer for SaleApprox 700,800 Equity Shares
Shares Offered to Retail35%
Shares Offered to QIB50%
Shares Offered to HNI15%

Nisus Finance Services IPO Market Lot

Nisus Finance Services IPO has a minimum lot size of 800 shares, with an amount of ₹1,44,000.

ApplicationLot SizeSharesAmount
Retail Minimum1800₹144,000
Retail Maximum1800₹144,000
HNI Minimum21,600₹288,000

Nisus Finance Services IPO Dates

Nisus Finance Services IPO opens on December 4, 2024, and closes on December 6, 2024. The allotment will be announced on December 9, 2024, and the IPO will be listed on December 11, 2024.

EventDate
IPO Open DateDecember 4, 2024
IPO Close DateDecember 6, 2024
Basis of AllotmentDecember 9, 2024
RefundsDecember 10, 2024
Credit to Demat AccountDecember 10, 2024
IPO Listing DateDecember 11, 2024

About Nisus Finance Services

Nisus Finance Services (NiFCO), established on August 21, 2023, and formerly known as Molior Realty Private Limited, specializes in Transaction Advisory Services. Leveraging extensive expertise, NiFCO has emerged as one of India’s most dynamic financial services firms. With a strong focus on alternative investments and structured credit, the company is carving a niche in India’s real estate and related sectors.

Operating through its subsidiaries and associates, NiFCO is actively engaged in four key segments: Transaction Advisory Services, Fund & Asset Management, Stressed Assets Resolution, and Private Equity & Venture Debt. Driven by a research-centric approach, NiFCO stays ahead of market trends, enabling it to forge lasting partnerships with a diverse network of asset owners, developers, operators, investors, funds, and domestic and international LPs.

Promoters of Nisus Finance Services

  • Mr. Amit Anil Goenka
  • Mrs. Mridula Amit Goenka.

Nisus Finance Services Financial Report

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets5,835.664,903.313,106.222,077.43
Revenue1,500.534,224.921,153.83749.51
Profit After Tax835.722,305.29302.02129.43
Net Worth3,876.663,129.80938.95638.90
Reserves and Surplus2,236.203,119.19831.70531.65
Total Borrowing663.83726.501,813.501,041.56
Amount in ₹ Crores

Key Performance Indicator

KPIValues
ROE38.08%
ROCE23.48%
EBITDA Margin46.61%
PAT Margin26.54%
Debt to equity ratio1.93
Earning Per Share (EPS)₹1.64 (Basic)
Price/Earning P/E RatioN/A
Return on Net Worth (RoNW)31.99%
Net Asset Value (NAV)₹5.14

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
NANANANANA– Cr.
NANANANANA– Cr.

Objective of the Issue

  • Enhancing fund setup, acquiring additional licenses, and strengthening fund management infrastructure and facility management services at IFSC Gift City (Gandhinagar), DIFC Dubai (UAE), and FSC Mauritius.
  • Covering fundraising costs, distribution, and placement fees for third-party distributors or agents in India and international markets to establish a pooled fund.
  • Investing in the associate company, Nisus Fincorp Private Limited (an RBI-registered NBFC), to bolster its capital base.
  • Addressing general corporate purposes.

Nisus Finance Services IPO GMP (Grey Market Premium)

To check real-time Grey Market Premium (GMP on IPO) of Nisus Finance Services, please visit the IPO GMP page.

Nisus Finance Services Subscription Status

This IPO subscription kicks off on December 4, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!

Nisus Finance Services Allotment Status

To check the Nisus Finance Services IPO allotment status, visit the IPO registrar website Skyline or go to the IPO Allotment page.

IPO Registrar

SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: 011 2681 2683
Email: ipo@skylinerta.com
Website: www.skylinerta.com

IPO Lead Managers

BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Shilp Corporate Park, B Block, 13th Floor,
B-1311-1314, Near Rajpath Club, RajpathRangoli Road,
S.G. Highway, Ahmedabad, Gujarat- 380054
Phone: +91 79 4918 5784
Email: mb@beelinemb.com
Website: www.beelinemb.com

Nisus Finance Services Contact

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 – 61648888
E-mail: cs@nisusfin.com
Website: www.nisusfin.com

FAQs

What is Nisus Finance Services IPO?

It is an SME IPO aiming to raise ₹114.24 crores. The issue is priced between ₹170 and ₹180 per equity share and will be listed on the BSE.

When will the Nisus Finance Services IPO open for subscription?

The IPO will open for subscription on December 4, 2024, and close on December 6, 2024, for QIB, NII, and retail investors.

What is the investors’ portion for the Nisus Finance Services’s IPO?

The allocation is divided as 50% for QIB, 15% for NII, and 35% for retail investors.

How can you apply for the Nisus Finance Services IPO?

Investors can apply online via ASBA through their bank account or UPI through their stock brokers. Offline applications can also be submitted through stock brokers.

What is the issue size of the Nisus Finance Services IPO?

The total issue size of the IPO is ₹114.24 crores.

Note: Nisus Finance Services IPO price band and date have been officially announced. Nisus Finance Service’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.


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