Nisus Finance Services IPO Details: The Nisus Finance Services IPO is scheduled to open on December 4, 2024, and close on December 6, 2024. This IPO follows a Book Built Issue format, aiming to raise approximately ₹114.24 crores. The offering consists of a fresh issue amounting to ₹101.62 crores and an Offer for Sale (OFS) of up to 700,800 equity shares with a face value of ₹10 each.
The price band for the Nisus Finance Services IPO is set between ₹170 and ₹180 per share. The allocation quota reserves 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The company’s shares are expected to be listed on the BSE on December 11, 2024, with allotment finalization slated for December 9, 2024.
In terms of financial performance, the company reported revenue of ₹42.25 crores in 2024, a significant increase from ₹11.54 crores in 2023. Profit figures also rose impressively, reaching ₹23.05 crores in 2024 compared to ₹3.02 crores in 2023. Based on these robust financials, long-term investment in the Nisus Finance Services IPO is recommended.
Nisus Finance Services IPO Objectives:
The Net Proceeds will be utilized towards the following objectives:
- Augmenting fund setup, additional licenses, facility management services, and fund management infrastructure in IFSCGift City (Gandhinagar), DIFC-Dubai (UAE), and FSC-Mauritius.
- Fund raising cost, distribution, and placement fee to third-party distributors or agents in India and/or international markets for the creation of a pool of funds.
- Investment in Associate Company viz. Nisus Fincorp Private Limited (RBI Registered NBFC), to augment the capital base.
- General Corporate Purposes.
Nisus Finance Services IPO Review (Apply or Not)
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Nisus Finance Services IPO Date & Price Band Details:
| IPO Open Date: | December 4, 2024 |
| IPO Close Date: | December 6, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹170 to ₹180 Per Share |
| Issue Size: | Approx ₹114.24 Crores |
| Fresh Issue: | Approx ₹101.62 Crores |
| Offer for Sale: | Approx 700,800 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Nisus Finance Services IPO Lot Size:
The minimum market lot for the Nisus Finance Services IPO is 800 shares, requiring an application amount of ₹144,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹144,000 |
| Retail Maximum | 1 | 800 | ₹144,000 |
| HNI Minimum | 2 | 1,600 | ₹288,000 |
Nisus Finance Services IPO Timeline:
The Nisus Finance Services IPO is set to open on December 4 and will close on December 6. The allotment of shares is scheduled to be finalized on December 9, with the IPO listing expected on December 11.
| IPO Open Date: | December 4, 2024 |
| IPO Close Date: | December 6, 2024 |
| Basis of Allotment: | December 9, 2024 |
| Refunds: | December 10, 2024 |
| Credit to Demat Account: | December 10, 2024 |
| IPO Listing Date: | December 11, 2024 |
Nisus Finance Services IPO GMP Today:
The latest Grey Market Premium (GMP) for the Nisus Finance Services SME IPO is ₹50. Based on the upper price band of ₹180, the estimated listing price is projected to be ₹230 (cap price + today’s GMP). This translates to an expected gain of approximately 27.78% per share.
Promoters of Nisus Finance Services IPO
The company is promoted by Amit Anil Goenka and Mridula Amit Goenka.
About Nisus Finance Services IPO
Nisus Finance Services (NiFCO), formerly known as Molior Realty Private Limited, was established on August 21, 2023. The company specializes in Transaction Advisory Services and has quickly emerged as one of India’s most dynamic financial services firms.
NiFCO is focused on alternative investments and structured credit, carving a distinctive niche within India’s real estate and related sectors. Operating through its subsidiaries and associates, the company engages in four key segments:
- Transaction Advisory Services
- Fund & Asset Management
- Stressed Assets Resolution
- Private Equity and Venture Debt
NiFCO adopts a research-driven approach, enabling it to anticipate and adapt to market trends effectively. This strategic focus has helped the company establish enduring partnerships with a wide range of stakeholders, including asset owners, developers, operators, investors, funds, and both domestic and international Limited Partners (LPs).
Nisus Finance Services IPO Company Financial Report
The company reported revenue of ₹42.25 crores in 2024 against ₹11.54 crore in 2023. The company reported Profit of ₹23.05 crores in 2024 against Profit of ₹3.02 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹5.58 | ₹4.27 | ₹0.70 | ₹14.99 |
| 2022 | ₹7.50 | ₹5.53 | ₹1.29 | ₹20.76 |
| 2023 | ₹11.54 | ₹7.76 | ₹3.02 | ₹31.05 |
| 2024 | ₹42.25 | ₹9.12 | ₹23.05 | ₹49.03 |
| June 2024 | ₹15.01 | ₹3.44 | ₹8.36 | ₹58.36 |
Nisus Finance Services IPO Valuation – FY2024
Check Nisus Finance Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 109.83% |
| ROCE: | 101.63% |
| EBITDA Margin: | 81.57% |
| PAT Margin: | 54.30% |
| Debt to equity ratio: | 0.23 |
| Earning Per Share (EPS): | ₹12.55 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 73.09% |
| Net Asset Value (NAV): | ₹17.17 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Nisus Finance Services IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Company Address
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/
Nisus Finance Services IPO FAQs
What is the Nisus Finance Services IPO?
The Nisus Finance Services IPO is an SME IPO through which the company plans to raise ₹114.24 crores. The issue is priced in the range of ₹170 to ₹180 per equity share and will be listed on the BSE.
When will the Nisus Finance Services IPO open for subscription?
The IPO will open for subscription on December 4, 2024, and close on December 6, 2024. It is available for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the allocation percentage for Nisus Finance Services IPO investors?
The allocation is structured as follows:
- QIB: 50%
- NII: 15%
- Retail: 35%
How can investors apply for the Nisus Finance Services IPO?
Investors can apply for the IPO through ASBA (Application Supported by Blocked Amount) via their bank account or online UPI-enabled applications through stock brokers. Offline applications can also be submitted via stock brokers.
What is the issue size of the Nisus Finance Services IPO?
The total issue size is ₹114.24 crores.
What is the price band for the Nisus Finance Services IPO?
The IPO is priced between ₹170 and ₹180 per equity share.
What is the lot size for the Nisus Finance Services IPO?
The minimum lot size is 800 shares, amounting to ₹144,000.
When is the allotment date for the Nisus Finance Services IPO?
The allotment date for the IPO is December 9, 2024.
When will the Nisus Finance Services IPO be listed?
The IPO is scheduled to list on December 11, 2024, on the BSE.
