Nisus Finance Services IPO is a book built issue of Rs 114.24 crores. The issue is a combination of fresh issue of 56.46 lakh shares aggregating to Rs 101.62 crores and offer for sale of 7.01 lakh shares aggregating to Rs 12.61 crores.
Nisus Finance Services IPO opens for subscription on December 4, 2024 and closes on December 6, 2024. The allotment for the Nisus Finance Services IPO is expected to be finalized on Monday, December 9, 2024. Nisus Finance Services IPO will list on BSE SME with tentative listing date fixed as Wednesday, December 11, 2024.
Nisus Finance Services IPO price band is set at ₹170 to ₹180 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹288,000.
Get the Nisus Finance Services IPO DRHP for detailed information.
| 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 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 |
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) |
| Share Holding Pre Issue | 99.74% |
| Share Holding Post Issue | 73.22% |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
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| 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 | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
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.
| 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 |
The net proceeds are planned to be utilized for the following purposes:
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: cs@nisusfin.com Website: http://www.nisusfin.com/ |
Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
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