Nisus Finance Services IPO Details
The key details of Nisus Finance Services’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹114.24 Cr |
| Price Range | ₹170 - ₹180 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 800 |
| Investment (cut-off price) | ₹144,000 |
| Pre IPO Promotor Holding | 99.74% |
| Post IPO Promotor Holding | 73.22% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Nisus Finance Services IPO Timelines
The IPO process for Nisus Finance Services includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
04/12/2024
Start Date06/12/2024
End Date10/12/2024
Refund Initiation10/12/2024
Credit of Shares to Demat Ac11/12/2024
Listing DateNisus Finance Services IPO Lot Size
The Nisus Finance Services IPO has a fixed lot size of 800 shares, at an upper price band of ₹180 per share, requiring ₹144,000 per lot for retail investors. For HNI investors, the minimum application is 1,600 shares (2 lots) amounting to ₹288,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹144,000 |
| Retail Maximum | 1 | 800 | ₹144,000 |
| S-HNI Minimum | 2 | 1600 | ₹288,000 |
Nisus Finance Services IPO Subscription Status
The subscription status for Nisus Finance Services IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 93.84x | 451.21x | 139.78x | 0.90x | 192.29x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹225 | ₹236.25 | ₹236.25 | ₹225 |
Nisus Finance Services IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹5.58 | ₹4.27 | ₹0.70 |
| FY 2022 | ₹7.50 | ₹5.53 | ₹1.30 |
| FY 2023 | ₹11.54 | ₹7.76 | ₹3.00 |
| FY 2024 (10 M) | ₹30.91 | ₹7.52 | ₹16.88 |
About Company
Nisus Finance Services Co Limited, formerly known as Molior Realty Private Limited, was founded in 2013 and specializes in transaction advisory services. Operating under the brand “Nisus Finance Group” (NiFCO), the company, along with its subsidiaries and associates, focuses on real estate and urban infrastructure funds and asset management. Its subsidiaries include Nisus BCD Advisors LLP, Nisus Finance & Investment Managers LLP, and others that engage in various financial services related to investment opportunities, private equity, structured credit, and asset monetization.
The company’s primary offerings encompass transaction advisory services, fund management, and financial structuring. Nisus Finance aims to align investment opportunities with its fund strategy while recognizing emerging market trends. With a strong management team and a customer-oriented approach, the company emphasizes prudent governance and risk management practices. As of January 31, 2024, the Nisus Group employed 24 individuals, showcasing a commitment to building a capable workforce to support its operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2013 | Finance | Anil Goenka |
Know Before Investing
Nisus Finance Services IPO Strengths
- Revenue increased from ₹724.21 lakhs in March 2022 to ₹3,077.21 lakhs by January 2024, indicating robust financial performance.
- The company specializes in transaction advisory and fund management, focusing on real estate financing, which enhances its service offerings.
- Promoted by Amit and Mridula Goenka, the management team has significant expertise in the finance sector.
- Nisus manages approximately ₹1,000 crores in assets under management (AUM), showcasing its capability to handle substantial financial resources.
- The company aims to enhance its fund setup and infrastructure in key financial hubs like IFSC-Gift City and DIFC-Dubai, indicating growth potential.
Nisus Finance Services IPO Risks
- The company is involved in ongoing legal issues that may have adverse financial and reputational impacts.
- A significant portion of revenue comes from a few key investors, making the company vulnerable to changes in these relationships.
- Nisus faces significant competition from larger institutions in the financing industry, which may affect its market share and profitability.
Swot Analysis for Nisus Finance Services IPO
Strengths
Strong revenue growth, Diverse financial services, Experienced management team
Weaknesses
Ongoing legal proceedings, Dependency on key investors for revenue
Opportunities
Expanding financial market, Potential for technology integration in services
Threats
Intense competition, Regulatory changes impacting financial services industry
Company 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: cs@nisusfin.com
Website: http://www.nisusfin.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Nisus Finance Services IPO are:
- Enhance fund setup, licenses, and management infrastructure in IFSC Gift City, DIFC-Dubai, and FSC-Mauritius.
- Address costs related to fundraising and fees for third-party distributors in India and international markets.
- Invest in Nisus Fincorp Private Limited, an RBI-registered NBFC, to strengthen capital.
- Utilize funds for various corporate needs.
Beeline Capital Advisors Pvt Ltd is the book-running lead managers for the Nisus Finance Services IPO.