Nisus Finance Services Co Limited – IPO
Nisus Finance Services Co Limited – IPO Details
| IPO Date | December 4, 2024 to December 6, 2024 |
| Listing Date | December 11, 2024 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 170 to ₹ 180 / Share |
| Lot Size | 800 Shares |
| Total Issue Size | ₹114.24 Cr |
| Fresh Issue | ₹101.62 Cr |
| Offer for Sale | ₹12.61 Cr |
| Employee Discount | |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 18,232,500 |
| Share holding post issue | 24,012,500 |
| Market Maker portion | 351,200 Shares |
Nisus Finance Services Co Limited Timeline (Tentative Schedule)
Nisus Finance Services Co Limited IPO opens on December 4, 2024, and closes on December 6, 2024.
| IPO Open Date | December 4, 2024 |
| IPO Close Date | December 6, 2024 |
| Basis of Allotment | December 9, 2024 |
| Initiation of Refunds | December 10, 2024 |
| Credit of Shares to Demat | December 10, 2024 |
| Listing Date | December 11, 2024 |
| Cut-off time for UPI mandate confirmation | December 6, 2024 |
Nisus Finance Services Co Limited IPO Lot Size
A minimum bid of 800 shares and multiples thereof is allowed for investors. The table below illustrates the minimum and maximum investments by retail investors and HNIs in terms of both shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | Rs.144,000 |
| Retail (Max) | 1 | 800 | Rs.144,000 |
| S-HNI (Min) | 2 | 1,600 | Rs.288,000 |
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) |
Nisus Finance Services Co Limited IPO Promoter Holding
| Share Holding Pre Issue | 99.74% |
| Share Holding Post Issue | 73.22% |
Nisus Finance Services Co Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
|
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Offer |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not less than 35.00% of the Net Offer |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Nisus Finance Services Co Limited IPO Anchor Investors Details
| Bid Date | 2024-12-03 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 32.21 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 8, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 9, 2025 |
About Nisus Finance Services Co Limited
Nisus Finance Services Co Limited, formerly known as Molior Realty Private Limited, was founded in 2013 and is engaged in Transaction Advisory services.
The brand "Nisus Finance Group" or "NiFCO" is operated by the company along with its subsidiaries, sub-subsidiaries, and associates. The subsidiaries and sub-subsidiaries, including Nisus BCD Advisors LLP, Nisus Finance & Investment Managers LLP, Nisus Finance International Advisors IFSC LLP, and Nisus Finance Investment Consultancy FZCO, as well as the associate Dalmia Nisus Finance Investment Managers LLP, are engaged in managing real estate and urban infrastructure funds and asset management.
The main services offered by the company include:
Transaction advisory: The company's services include private equity and structured credit, financial advisory and structuring, warehousing and land assembly, pre-let commercial space, and asset monetization.
Fund management: The company evaluates investment opportunities and aligns them with its fund strategy and investment philosophy as part of its fund management services.
A well-established, credible, and customer-oriented NiFCO brand is one of the competitive strengths.
- Diversified business model
- The ability to recognize emerging market trends in a timely manner
- Strong management, along with distinctive employees and culture
- Prudent governance, risk management, and internal control mechanisms
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 109.83% |
| ROCE | 101.63% |
| Debt/Equity | 0.23 |
| RoNW | 73.09% |
| P/BV | 10.48 |
| PAT Margin (%) | 54.3 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 12.25 | 0 |
| P/E (x) | 14.69 | 0 |
Objects of the Issue (Nisus Finance Services Co Limited IPO Objectives)
The net proceeds are planned to be utilized for the following purposes:
- Augmentation of fund setup, acquisition of additional licenses, and enhancement of facility management services and fund management infrastructure in IFSC Gift City (Gandhinagar), DIFC-Dubai (UAE), and FSC-Mauritius.
- Coverage of fundraising costs, distribution, and placement fees payable to third-party distributors or agents in India and/or international markets for the creation of a fund pool.
- Investment in the associate company, Nisus Fincorp Private Limited (an RBI-registered NBFC), to strengthen the capital base.
- Allocation for general corporate purposes.
Nisus Finance Services Co Limited Contact Details
Nisus Finance Services Co Limited Unit No 502-A, Floor-5, A-Wing, Poonam Chambers, Dr. Annie Besant Road, Worli, Mumbai - 400018 Phone: +91-22-6164 8888 Email: [email protected] Website: http://www.nisusfin.com/ |
Nisus Finance Services Co Limited IPO Registrar
Skyline Financial Services Private Ltd Phone: 02228511022 Email: [email protected] Website: https://www.skylinerta.com/ipo.php |