NIS Management Limited is a Kolkata-based company engaged in the business of security and facility management services. Established in 1985 with just five people, the company has grown into a significant player in the security services industry with a pan-India presence.
The company provides a wide range of solutions, including manned guarding, electronic surveillance, payroll processing, facility management, and housekeeping services, catering to corporates, institutions, and government organizations. Over the years, NIS has built a reputation for delivering high-quality, reliable, and customized services.
As of August 31, 2024, the company employs approximately 16,490 personnel, including contract labor, and serves more than 600 clients across 14 states in India. Its network of 14 branches allows it to ensure localized service delivery and operational efficiency.
Key Services:
- Security Services – Round-the-clock vigilance, night patrols, fire & safety training, help desk operations, and electronic surveillance.
- Integrated Facility Management – Streamlined management of multiple facility contracts under one system to improve efficiency and oversight.
- Housekeeping & Payroll Processing – Attendance management, payroll, HR data processing, and recruitment support services.
With a strong workforce and decades of experience, NIS Management Limited continues to position itself as a trusted partner for organizations seeking comprehensive security and facility management solutions in India.
NIS Management IPO – Details
| IPO Opening Date | 25 August 2025 |
| IPO Closing Date | 28 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 54,06,000 Shares Worth ₹60.01 Crore Fresh Issue: 46,62,000 Shares Worth ₹51.75 Crore Offer For Sale: 7,44,000 Shares Worth ₹8.26 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹105 – ₹111 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
NIS Management IPO – Date Schedule
| IPO Open Date | 25 August 2025 |
| IPO Close Date | 28 August 2025 |
| Basis of Allotment | 29 August 2025 |
| Initiation of Refund | 01 September 2025 |
| Credit of Shares to Demat | 01 September 2025 |
| IPO Listing Date | 02 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 28, 2025 |
NIS Management IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,66,400 |
| Retail (Max) | 2 | 2,400 | ₹2,66,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,99,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,32,400 |
| B-HNI (Min) | 8 | 9,600 | ₹10,65,600 |
Competitive Strengths
- Strong Regional Presence and Manpower Sourcing.
- High Core to Associate Ratio.
- Mobile Application-Based Attendance System.
- QR Code Technology for Employee Monitoring.
- NSDC Certified Training Provider.
Company Promoters
- Mr. Debajit Choudhury
- Ms. Rina Choudhury
- Ms. Susmita Mukherjee
- Ms. Debahuti Chatterjee
- Ms. Nita Dey
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2022 | ₹266.13 Cr | ₹250.90 Cr | ₹11.10 Cr | ₹66.84 Cr |
| 31 March 2023 | ₹305.68 Cr | ₹289.28 Cr | ₹13.48 Cr | ₹66.06 Cr |
| 31 March 2024 | ₹353.59 Cr | ₹334.39 Cr | ₹15.57 Cr | ₹69.29 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.10% |
| ROCE | 17.63% |
| Debt/Equity | 0.55 |
| RoNW | 13.10% |
| PAT Margin | 4.64% |
| EBITDA Margin | 6.54% |
| Price to Book Value | 0.61 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 12.15 | 9.29 |
| P/E (x) | 9.13 | 11.94 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| To Meet Working Capital Requirements. | ₹40.00 |
| General Corporate Purposes. | – |
✅Strengths
- 39+ years of experience with pan-India presence.
- Diverse services: security, facility, payroll & housekeeping.
- Strong base: 600+ clients, 16,490 staff, 14 branches.
- Steady revenue & profit growth.
⚠️Risks
- Highly manpower dependent.
- Compliance with multiple labor laws.
- Intense competition from organized/unorganized players.
- Client concentration & working capital heavy.
- Rising borrowings (~₹27 Cr in FY25).
NIS Management IPO Promoter Holding
| Pre Issue Share Holding | 95.99% |
| Post Issue Share Holding | 69.63% |
NIS Management IPO Prospectus
- NIS Management IPO DRHP
- NIS Management IPO RHP
Company Contact Information
| NIS Management Ltd. 01st Floor, Fl-1A(W) 489 Madurdaha, Kalikapur, Kolkata, West Bengal, 700107 Phone: 91-9836205111 Email: info@nis.co.in Website: https://nis.co.in/ |
NIS Management IPO Registrar
| Maashitla Securities Pvt.Ltd. Phone: +91-11-45121795-96 Email: Investor@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
NIS Management IPO Lead Manager(s)
| 1. Share India Capital Services Pvt.Ltd. |
NIS Management IPO FAQ
| What is NIS Management IPO? NIS Management IPO is an SME IPO. The issue is priced at ₹105 – ₹111 per equity share. The IPO is to be listed on BSE SME. |
| When NIS Management IPO will open? The IPO is to open on 25 August 2025 for QIB, NII, and Retail Investors. |
| What is NIS Management IPO Investors Portion? The investors’ portion for QIB – 50, NII – 15%, and Retail – 35%. |
| What is the NIS Management IPO Size? NIS Management IPO size is ₹60.01 Crore. |
| What is NIS Management IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2400 Shares with ₹2,66,400 amount, while the maximum bid is 2400 Shares with ₹2,66,400. |
| What is the NIS Management IPO Allotment Date? NIS Management IPO allotment date is 29 August 2025. |
| What is the NIS Management IPO Listing Date? NIS Management IPO listing date is 02 September 2025. The IPO is to be listed on the BSE SME. |
