Nisus Finance Services Co Limited is set to launch its initial public offering (IPO) on December 4, 2024, with an aim to raise approximately ₹114.24 crores. The offering includes a fresh issue of about 56.45 lakh shares and an offer for sale of 7 lakh shares. Specializing in transaction advisory and fund management, Nisus operates under the “NiFCO” brand and focuses on real estate financing. With an asset under management (AUM) of around ₹1,000 crore as of FY2024.
₹120
₹180
₹225
Expert Opinions
Market sentiment for the Nisus Finance Services IPO is largely positive, reflecting strong interest in the financial services sector, particularly in real estate financing. Company strengths include a robust track record in transaction advisory and fund management, with significant growth in profitability, as evidenced by a profit after tax increase from ₹130.88 lakh in March 2022 to ₹1,697.41 lakh by January 2024.
However, risks and challenges include ongoing legal proceedings and reliance on a few key clients, which could impact revenue stability. The valuation analysis places the price band at ₹170 to ₹180 per share, making it attractive for investors seeking exposure to the SME segment. From a long-term investment perspective, Nisus Finance is well-positioned to benefit from increasing demand for structured financing solutions.
Investor Considerations
Investors considering the Nisus Finance Services IPO should analyze several crucial factors. Company performance and fundamentals show a strong upward trend, with revenue rising from ₹724.21 lakhs in March 2022 to ₹1,129.95 lakhs in March 2023, and a significant profit after tax of ₹1,697.41 lakhs by January 2024. The sector outlook is promising, driven by increasing demand for real estate financing and advisory services in India. The IPO valuation is set between ₹170 and ₹180 per share, offering an attractive entry point for investors.
Growth prospects are robust as the company aims to expand its operations and enhance its market presence both domestically and internationally. However, potential risk factors include ongoing legal proceedings and reliance on key clients, which could impact revenue stability. A long-term investment horizon is advisable, as Nisus Finance is well-positioned to capitalize on the growing need for structured financing solutions in the evolving financial landscape of India.
| Date | GMP | Trend |
|---|---|---|
| 10 Dec 2024 11.15 | ₹120 | --- |
| 09 Dec 2024 16.43 | ₹120 | Up |
| 06 Dec 2024 10.52 | ₹60 | Up |
| 05 Dec 2024 10.49 | ₹50 | --- |
| 04 Dec 2024 10.57 | ₹50 | --- |
| 03 Dec 2024 11.16 | ₹50 | --- |
| 02 Dec 2024 11.11 | ₹50 | --- |
| 01 Dec 2024 11.20 | ₹50 | --- |
| 30 Nov 2024 13.00 | ₹50 | --- |
| 29 Nov 2024 11.01 | ₹50 | --- |
| 28 Nov 2024 16.13 | ₹50 | Up |
| 27 Nov 2024 11.59 | ₹00 | --- |
| 26 Nov 2024 11.07 | ₹00 | --- |
| 25 Nov 2024 11.37 | ₹00 | --- |
| 23 Nov 2024 11.36 | ₹00 | --- |
| 21 Nov 2024 11.09 | ₹00 | --- |
FAQs
The Grey Market Premium showed poor accuracy in predicting Nisus Finance Services’ listing performance. While the GMP of ₹120 predicted a substantial premium of 66.67% over the issue price, the stock actually delivered a more modest gain of 25%. With a significant prediction error of 25%, the GMP correctly predicted the positive listing direction but substantially overestimated the magnitude of gains, demonstrating its limitations as a reliable price predictor in this case.
Nisus Finance Services IPO Current GMP is ₹120.
Nisus Finance Services IPO Expected Returns is 66.67%.
Nisus Finance Services IPO estimated listing price is ₹300.