Nisus Finance Services IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Dec 04 to Dec 06 2024
Price Band
₹170 - 180
Current GMP
₹225(25%)
Subscription
192.27 times
IPO Details
| IPO Date | December 4, 2024 to December 6, 2024 |
| Listing Date | Wednesday, December 11, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹170 to ₹180 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 6,346,400 shares (aggregating up to ₹114.24 Cr) |
| Fresh Issue | 5,645,600 shares (aggregating up to ₹101.62 Cr) |
| Offer for Sale | 700,800 shares of ₹10 (aggregating up to ₹12.61 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 18,232,500 |
| Share holding post issue | 23,878,100 |
| Market Maker portion | 351,200 shares Spread X Securities |
IPO Date
December 4, 2024 to December 6, 2024
Listing Date
Wednesday, December 11, 2024
Face Value
₹10 per share
Price Band
₹170 to ₹180 per share
Lot Size
800 Shares
Total Issue Size
6,346,400 shares (aggregating up to ₹114.24 Cr)
Fresh Issue
5,645,600 shares (aggregating up to ₹101.62 Cr)
Offer for Sale
700,800 shares of ₹10 (aggregating up to ₹12.61 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE SME
Share holding pre issue
18,232,500
Share holding post issue
23,878,100
Market Maker portion
351,200 shares Spread X Securities
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 93.84 |
| Non-Institutional Buyers*** | 451.21 |
| Retail Investors | 139.74 |
| Employees | 0.90 |
| Total ** | 192.27 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
93.84
Non-Institutional Buyers***
451.21
Retail Investors
139.74
Employees
0.90
Total **
192.27
Day Wise Sub
| Day | QIB | NII* | Retail | EMP | Total |
|---|---|---|---|---|---|
| Day 1 Dec 4, 2024 | 2.89 | 2.22 | 3.75 | 0.10 | 3.16 |
| Day 2 Dec 5, 2024 | 3.41 | 22.88 | 29.07 | 0.73 | 20.30 |
| Day 3 Dec 6, 2024 | 93.84 | 451.21 | 139.74 | 0.90 | 192.27 |
DayDay 1
Dec 4, 2024
QIB2.89
NII*2.22
Retail3.75
EMP0.10
Total3.16
DayDay 2
Dec 5, 2024
QIB3.41
NII*22.88
Retail29.07
EMP0.73
Total20.30
DayDay 3
Dec 6, 2024
QIB93.84
NII*451.21
Retail139.74
EMP0.90
Total192.27
IPO Important Dates
| IPO Open Date | Wednesday, December 4, 2024 |
| IPO Close Date | Friday, December 6, 2024 |
| Basis of Allotment | Monday, December 9, 2024 |
| Initiation of Refunds | Tuesday, December 10, 2024 |
| Credit of Shares to Demat | Tuesday, December 10, 2024 |
| Listing Date | Wednesday, December 11, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 6, 2024 |
IPO Open Date
Wednesday, December 4, 2024
IPO Close Date
Friday, December 6, 2024
Basis of Allotment
Monday, December 9, 2024
Initiation of Refunds
Tuesday, December 10, 2024
Credit of Shares to Demat
Tuesday, December 10, 2024
Listing Date
Wednesday, December 11, 2024
Cut-off time for UPI mandate confirmation
5 PM on December 6, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹144,000 |
| Retail (Max) | 1 | 800 | ₹144,000 |
| HNI (Min) | 2 | 1,600 | ₹288,000 |
ApplicationRetail (Min)
Lots1
Shares800
Amount₹144,000
ApplicationRetail (Max)
Lots1
Shares800
Amount₹144,000
ApplicationHNI (Min)
Lots2
Shares1,600
Amount₹288,000
Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 5,835.66 | 4,903.31 | 3,106.22 |
| Revenue | 1,500.53 | 4,224.92 | 1,153.83 |
| Profit After Tax | 835.72 | 2,305.29 | 302.02 |
| Net Worth | 3,876.66 | 3,129.80 | 938.95 |
| Reserves and Surplus | 2,236.20 | 3,119.19 | 831.70 |
| Total Borrowing | 663.83 | 726.50 | 1,813.50 |
Period EndedPeriod Ended
30 Jun 202430 Jun 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Jun 20245,835.66
31 Mar 20244,903.31
31 Mar 20233,106.22
Period EndedRevenue
30 Jun 20241,500.53
31 Mar 20244,224.92
31 Mar 20231,153.83
Period EndedProfit After Tax
30 Jun 2024835.72
31 Mar 20242,305.29
31 Mar 2023302.02
Period EndedNet Worth
30 Jun 20243,876.66
31 Mar 20243,129.80
31 Mar 2023938.95
Period EndedReserves and Surplus
30 Jun 20242,236.20
31 Mar 20243,119.19
31 Mar 2023831.70
Period EndedTotal Borrowing
30 Jun 2024663.83
31 Mar 2024726.50
31 Mar 20231,813.50
Key Performance Indicator
| ROE | 109.83% |
| ROCE | 101.63% |
| Debt/Equity | 0.23 |
| RoNW | 73.09% |
| P/BV | 10.48 |
| PAT Margin (%) | 54.3 |
| EPS (Rs) | 12.64 |
ROE
109.83%
ROCE
101.63%
Debt/Equity
0.23
RoNW
73.09%
P/BV
10.48
PAT Margin (%)
54.3
EPS (Rs)
12.64
IPO Reservation
| Anchor Investor Shares Offered | 1,789,600 (28.20%) |
| Market Maker Shares Offered | 351,200 (5.53%) |
| QIB Shares Offered | 1,194,400 (18.82%) |
| NII (HNI) Shares Offered | 896,000 (14.12%) |
| Retail Shares Offered | 2,091,200 (32.95%) |
| Employee Shares Offered | 24,000 (0.38%) |
| Total Shares Offered | 6,346,400 (100%) |
Anchor Investor Shares Offered
1,789,600 (28.20%)
Market Maker Shares Offered
351,200 (5.53%)
QIB Shares Offered
1,194,400 (18.82%)
NII (HNI) Shares Offered
896,000 (14.12%)
Retail Shares Offered
2,091,200 (32.95%)
Employee Shares Offered
24,000 (0.38%)
Total Shares Offered
6,346,400 (100%)
Information about company
Founded in 2013, Nisus Finance Services Co Limited offers financial services such as Transaction Advisory Services, Fund and Asset Management, Private Equity and Venture Debt and Capital Solutions to Corporate Clients.
Nisus Finance Services has two business segments:
1. Transaction Advisory Services: assist and support the partners in transactions such as outright sales, joint ventures, joint development, capital structuring etc. The company helps businesses connect with private equity funds, risk capital providers, and financial institutions to support their growth. The company also offer advice on corporate real estate matters, helping to structure and finalize transactions efficiently.
2. Fund and Asset Management: includes providing growth capital, project financing, or special situation funding to developers, and asset management for Alternative Investment Funds focused on the real estate and infrastructure sector. As of date, we manage four schemes under the subsidiaries, step-down subsidiaries, and associate companies through SEBI, IFSC, and DIFC-registered AIFs, which include:
Real Estate Special Opportunities Fund â 1
Real Estate Credit Opportunities Fund â 1
Nisus High Yield Growth Fund â 1
Nisus High Yield Growth Fund Closed-Ended
The company's main sources of revenue are fund management fees earned by the fund manager/advisor entities for managing AIF fund pools.
Assets Under Management (AUM): Approximately Rs 1,000 crore (FY2024) across real estate and urban infrastructure.
Office Network: Three offices, including two in India and one international, as of January 31, 2024.
Competitve Strengths:
A well-established, credible and customer-focused NiFCO brand.
Diversified Business Model.
Ability to identify emerging market trends on time.
Strong Management and distinctive people and culture.
Prudent governance, risk management, and internal control frameworks.
As of January 31, 2024, the company employed 24 people in the Nisus Group (NiFCO).
Objectives of IPO
The Net Proceeds will be utilized towards the following objectives:
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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