Nisus Finance Services IPO Detail: Open Date, Close Date, GMP, Price Band

Nisus Finance Services IPO subscription opens on Wednesday, December 4, 2024, and closes on Friday, December 6, 2024. It is a book-built issue worth up to Rs 114.24 crores of equity shares. This upcomingIPO is a combination of a fresh issue and an offer-for-sale; a fresh issue consists of up to 56.45 lakh equity shares and an offer-for-sale of up to 70.80 lakh equity shares.

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Nisus Finance Services IPO Price Band

Nisus Finance Services IPO price band is Rs 170 to Rs 180 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (180 x 800 shares). However, for the HNI category, the minimum investment amount required is Rs 2,88,000 (180 x 1600 shares).

Nisus Finance Services IPO GMP

Currently, Nisus Finance Services IPO GMP (grey market premium) is at Rs 0. It is expected that the listing price can same as the allotment price that is Rs 200. However, if the subscription is oversubscribed, then Lamosaic India IPO GMP may go up.

Nisus Finance Services Allotment Status

Nisus Finance Services IPO Allotment status will be available on its registrar Skyline Financial Services Private Limited website on Monday, December 09, 2024, once the subscription ends after the closing of IPO bidding. The allotment status of investors who applied for IPO will be available on the registrar's website.

Nisus Finance Services Listing Date

Nisus Finance Services IPO listing date is decided on Wednesday, December 11, 2024. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Nisus Finance Services IPO: Listing Date, Lot Size, Issue Size, Price Band

Nisus Finance Services IPO: About the Company

Nisus Finance Services Co Limited, established on August 21, 2013, is a prominent player in India's financial services sector. Originally incorporated as Molior Realty Private Limited, it transitioned to its current name following a rebranding in 2014.

The company operates in diversified financial services and specializes in real estate and infrastructure investments. Nisus Finance offers asset management, transaction advisory, and private equity solutions.

Having an integrated approach that ensures all investment opportunities are aligned with the strategic goals of delivering superior risk-adjusted returns, it aims to create value for stakeholders while navigating the complexity of the financial landscape. It operates out of Mumbai and adheres to the ethos of "infinite possibilities".

Nisus Finance Services IPO Objectives

The company proposes to utilize the funding received from fresh issue for the following objectives: augmenting fund setup, additional licenses, and infrastructure for facility and fund management at IFSC-Gift City (Gandhinagar), DIFC-Dubai (UAE), and FSC-Mauritius; covering fund-raising costs, distribution, and placement fees to third-party distributors or agents in India and international markets for creating a pool of funds; investing in its associate company, Nisus Fincorp Private Limited (an RBI-registered NBFC), to enhance its capital base; and for general corporate purposes.

Nisus Finance Services IPO: Key Dates, Allotment, Listing Date

Nisus Finance Services IPO Subscription Details, IPO Reservation

Nisus Finance Services IPO subscription reservations are as follows: Not less than 35% of the net offer is reserved for the retail category, not more than 50% of the net offer is reserved for Qualified Intuitional Buyers, and not less than 15% of the net offer is reserved for the HNI category.

Nisus Finance Services IPO Lot Size Details

Nisus Finance Services IPO lot size is set at 1000 shares per lot. The minimum investment required for retail investors is Rs 1,44,000 (180 x 800 shares). However, for the HNI category, the minimum investment amount required is Rs 2,88,000 (180 x 1600 shares).

Nisus Finance Services IPO Promoter Holdings

Nisus Finance Services IPO promoters are Amit Anil Goenka and Mridula Amit Goenka. The promoter's combined shareholdings before the IPO were 99.74%; however, post-IPO, their shareholdings will decline by 73.22%.

Nisus Finance Services Limited Company Financials (Amt in Lakhs)

Lead manager and Registrar of Nisus Finance Services IPO

The IPO is managed by Beeline Capital Advisors Private Limited, which is the book-running lead manager for this public issue. The company has appointed Skyline Financial Services Private Limited as the registrar for this public issue.

How to apply to the Nisus Finance Services IPO

Interested investors who want to apply to the Nisus Finance Services IPO can directly apply from the Bigul trading app, or you can apply here. You can also check the details of other upcoming IPO on the Bigul platform.

Nisus Finance Services IPO FAQs

1.    What are the core details available of the Nisus Finance Services IPO?

Nisus Finance Services IPO is a book-built issue worth up to Rs 114.24 crores. This upcoming IPO is a combination of a fresh issue of up to 56.45 lakh equity shares and an offer for sale of up to 70.08 lakh equity shares.

2.    What is the Nisus Finance Services IPO open date and close date?

Nisus Finance Services IPO subscription opens on Wednesday, December 4, 2024, and closes on Friday, December 6, 2024.

3.    What is Nisus Finance Services IPO GMP?

Currently, Nisus Finance Services IPO GMP (grey market premium) is at Rs 0. It is expected that the listing price can same as the allotment price that is Rs 200. However, if the subscription is oversubscribed, then Lamosaic India IPO GMP may go up.

4.    How do you check the IPO Allotment status?

Nisus Finance Services IPO Allotment details are available on its registrar, Skyline Financial Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5.    Who is the registrar and lead managers for Nisus Finance Services IPO?

The IPO is managed by Beeline Capital Advisors Private Limited which is the book-running lead manager for this public issue. The company has appointed Skyline Financial Services Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?