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:
- 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.
- 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:
- Real Estate Special Opportunities Fund – 1
- Real Estate Credit Opportunities Fund – 1
- Nisus High Yield Growth Fund – 1
- Nisus High Yield Growth Fund Closed-Ended
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.
As of January 31, 2024, the company employed 24 people in the Nisus Group (NiFCO).
Nisus Finance Services IPO – Details
| IPO Opening Date | 04 December 2024 |
| IPO Closing Date | 06 December 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 63,46,400 Shares Worth ₹114.24 Crore Fresh Issue: 56,45,600 Shares Worth ₹101.62 Crore Offer For Sale: 7,00,800 Shares Worth ₹12.61 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹170 – ₹180 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Nisus Finance Services IPO – Date Schedule
| IPO Open Date | 04 December 2024 |
| IPO Close Date | 06 December 2024 |
| Basis of Allotment | 09 December 2024 |
| Initiation of Refund | 10 December 2024 |
| Credit of Shares to Demat Account | 10 December 2024 |
| IPO Listing Date | 11 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 06, 2024 |
Nisus Finance Services IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 1600 | ₹1,44,000 |
| HNI (Min) | 2 | 1600 | ₹2,88,000 |
Competitive Strengths
- A well-established, credible and customer-focused NiFCO brand.
- Diversified Business Model.
- Ability to identify emerging market trends on time.
- Strong Management and distinctive people and culture.
- Prudent governance, risk management, and internal control frameworks.
Company Promoters
- Amit Anil Goenka
- Mridula Amit Goenka
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 7.49 | 5.52 | 1.29 | 10.41 |
| 31 March 2023 | 11.53 | 7.76 | 3.02 | 18.13 |
| 31 March 2024 | 42.24 | 9.12 | 23.05 | 7.26 |
| 30 June 2024 | 15.00 | 3.44 | 8.35 | 6.63 |
Key Performance Indicator
| 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) | 12.64 | 14.00 |
| P/E (x) | 14.24 | 12.86 |
Object Of The Issue
- 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 Promoter Holding
| Pre Issue Share Holding | 99.74% |
| Post Issue Share Holding | 73.22% |
Nisus Finance Services IPO Prospectus
Company Contact Information
| 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 Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Nisus Finance Services IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Nisus Finance Services IPO FAQs
| What is Nisus Finance Services IPO? Nisus Finance Services IPO is an SME IPO. The issue is priced at ₹170 and ₹180 per equity share. The IPO is to be listed on BSE SME. |
| When Nisus Finance Services IPO will open? The IPO is to open on 04 December 2024 for QIB, NII, and Retail Investors. |
| What is Nisus Finance Services IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Nisus Finance Services IPO? You can apply Nisus Finance Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Nisus Finance Services IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Nisus Finance Services IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Nisus Finance Services IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Nisus Finance Services IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Nisus Finance Services IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Nisus Finance Services IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Nisus Finance Services IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Nisus Finance Services IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Nisus Finance Services IPO Size? Nisus Finance Services IPO size is ₹114.24 Crore. |
| What is Nisus Finance Services IPO Price Band? Nisus Finance Services IPO Price Band is ₹170 – ₹180. |
| What is Nisus Finance Services IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 800 Shares with ₹1,44,000 amount while the maximum bid is 800 Shares with ₹1,44,000. |
| What is the Nisus Finance Services IPO Allotment Date? Nisus Finance Services IPO allotment date is 09 December 2024. |
| What is the Nisus Finance Services IPO Listing Date? Nisus Finance Services IPO listing date is 11 December 2024. The IPO is to be listed on BSE SME. |
