| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹114.24 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹114.24 Cr |
| Fresh Issue | ₹95.30 Cr |
| Offer for Sale | ₹12.61 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน170.00-180.00 per share |
| Discount | Retail: 0.00,Employee: 0.00 |
| BSE Code | 544296 |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 800 shares and in multiples thereof
Founded in 2013, Nisus Finance Services Co Limited offers financial services such as Transaction Advisory Services, Fund and Asset Management, Private Equity and Venture Debt and Capital Solutions to Corporate Clients.
Nisus Finance Services has two business segments:
1. Transaction Advisory Services: assist and support the partners in transactions such as outright sales, joint ventures, joint development, capital structuring etc. The company helps businesses connect with private equity funds, risk capital providers, and financial institutions to support their growth. The company also offer advice on corporate real estate matters, helping to structure and finalize transactions efficiently.
2. Fund and Asset Management: includes providing growth capital, project financing, or special situation funding to developers, and asset management for Alternative Investment Funds focused on the real estate and infrastructure sector. As of date, we manage four schemes under the subsidiaries, step-down subsidiaries, and associate companies through SEBI, IFSC, and DIFC-registered AIFs, which include:
The company's main sources of revenue are fund management fees earned by the fund manager/advisor entities for managing AIF fund pools.
Assets Under Management (AUM): Approximately Rs 1,000 crore (FY2024) across real estate and urban infrastructure.
Office Network: Three offices, including two in India and one international, as of January 31, 2024.
Competitve Strengths:
As of January 31, 2024, the company employed 24 people in the Nisus Group (NiFCO).
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Augmenting fund setup, additional licenses, facility management services and fund management infrastructure in IFSC-Gift City (Gandhinagar), DIFC-Dubai (UAE) and FSC-Mauritius. | 12.46 |
| 2 | Fund raising cost, distribution and placement fee to third party distributors or agents in India and/or international markets for creation of pool of funds | 35.91 |
| 3 | Investment in Subsidiary Company viz. Nisus Fincorp Private Limited (RBI Registered NBFC), for augmenting the capital base | 25.00 |
| 4 | General Corporate Purposes | 22.26 |
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 58.36 | 49.03 | 31.06 | 20.77 |
| Total Income | 15.01 | 42.25 | 11.54 | 7.50 |
| Profit After Tax | 8.36 | 23.05 | 3.02 | 1.29 |
| NET Worth | 38.77 | 31.30 | 9.39 | 6.39 |
| Reserves and Surplus | 22.36 | 31.19 | 8.32 | 5.32 |
| Total Borrowing | 6.64 | 7.27 | 18.14 | 10.42 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 109.83% |
| ROCE | 101.63% |
| Debt / Equity | 0.23% |
| RoNW | 73.09% |
| PAT Margin | 54.30% |
| Price to Book Value | 10.48 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 12.64 | 14.00 |
| P/E (x) | 14.24 | 12.86 |
| Promoter Holding | 99.74% | 73.22% |
| Market Cap | โน429.81 Cr. | |