Nisus Finance Services Co Ltd

Nisus Finance Services Co Ltd IPO

IPO Price Range: ₹170 - 180

Nisus Finance Services Co Limited is currently having two promoters namely, Mr. Amit Anil Goenka and Mrs. Mridula Amit Goenka. Our promoters have combined experience of more than 15 years in the field of real-estate financing and capital market. Our company along with its subsidiaries and associate companies is actively engaged in primary two segment; 1. Transaction Advisory Services and 2. Fund and Asset ManagementTogether with our subsidiaries, stepdown subsidiaries and associates, we operate under the Nisus Finance Group/NiFCO brand. We are mainly engaged in the business of Transaction Advisory services, while our subsidiaries,stepdown subsidiaries, namely Nisus BCD Advisors LLP, Nisus Finance & Investment Managers LLP, Nisus Finance International Advisors IFSC LLP, Nisus Finance Investment Consultancy FZCO and associate company namely Dalmia Nisus Finance Investment Managers LLP which are engaged in Real Estate and Urban Infrastructure Fund and Asset Management. The other subsidiary i.e. Nisus Fincorp Private Limited, an NBFC company is having main object of financing. We have recently invested in an entity named Microsafe Projects LLP as an Associate of the company which is engaged in the business of acquiring residential properties constructed and/or under construction.

Min Investment

₹1,44,000

IPO Size

₹114 Cr

IPO Status

Closed

Quantity in 1 Lot

800

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Nisus Finance Services Co Ltd

Open Date4 Dec 2024
Close Date6 Dec 2024
Allotment Date9 Dec 2024
Listing Date11 Dec 2024

IPO subscribed over

🚀 177.55x

This IPO has been subscribed by 139.7812x in retail and 93.8413x in QIB.

Subscription Rate

Total Subscription177.55x
Retail Individual Investors139.7812x
Qualified Institutional Buyers93.8413x
Non Institutional Investors324.4349x

Key Statistics

Bid Opening DateBid Opening Date4 Dec 2024
Bid Closing DateBid Closing Date6 Dec 2024
Allotment DateAllotment Date9 Dec 2024
Issue SizeIssue Size₹114.24Cr
Quantity in 1 lotQuantity in 1 lot800

Strength and risks

Strength

Strength

  • A well-established, credible and customer-focused NiFCO brand.

  • Diversified Business Model.

  • Ability to identify emerging market trends in a timely manner.

  • Strong Management and distinctive people and culture.

  • Prudent governance, risk management, and internal control frameworks.


Risk

Risk

  • The Company, Promoters, Directors, and its Subsidiaries are a party to certain litigation and/or claims. Any adverse decision may make the Company liable to liabilities/penalties and may adversely affect its reputation, business, and financial status. A classification of these legal and other proceedings is given below.

  • The company is dependent on and derives a substantial portion of its revenue from certain key customers and investors in its funds managed by the company subsidiaries that may expose it to liquidity risks, which may adversely affect the companys business volume, results of operations and financial condition.

  • The financing industry is becoming increasingly competitive, which may create significant pricing pressures for it to retain existing customers and solicit new business. The companys growth will depends on its ability to compete effectively in this environment.

  • The company has grown in the past but there can be no assurance that its growth will continue at a similar rate or that the company will be able to manage its rapid growth. If its unable to implement or sustain the companys growth strategy effectively it could adversely affect its business, results of operations, cash flows and financial conditions.

  • Difficult conditions in financial markets can adversely affect its business, which could materially reduce the company revenue and income.

  • There are certain discrepancies noticed in its statutory records and/or records relating to filing of returns and statutory expenses with the concerned Registrar of Companies.

  • Revisions to laws and regulations or regulatory investigations, including recent RBI AIF Circular restricting certain investments by Regulated Entities in the schemes of alternate investment funds (AIFs), may have a material adverse effect on its business, results of operations, cash flows and financial condition.

  • Any adverse development in the real estate sector would negatively affect the companys results of operations.

  • The companys Consolidated Restated Financial Statements are reviewed and Signed by the Peer Review Auditors who is not Statutory Auditors of the Company as required under the provisions of SEBI ICDR Regulations.

  • The company requires certain approvals, licenses, registration and permits for its business, and failures to obtain or renew them in a timely manner may adversely affect its operations.

Promoters Holding

Investors Holdings %
Amit Anil Goenka99.74%
Mridula Amit Goenka0%
Abha Anil Goenka0%
Arti Vikas Modi0%
Anil Brijmohan Goenka0%

About Nisus Finance Services Co Ltd

OrganisationNisus Finance Services Co Ltd
HeadquartersMumbai
IndustryFinance

Frequently Asked Questions

  • What is the size of the Nisus Finance Services Co Ltd IPO?

    The size of the Nisus Finance Services Co Ltd IPO is ₹114.24Cr .

  • What is 'pre-apply' for Nisus Finance Services Co Ltd IPO?

    'Pre-apply' for Nisus Finance Services Co Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Nisus Finance Services Co Ltd IPO order be placed?

    Your Nisus Finance Services Co Ltd IPO order will be placed on 4 Dec 2024.

  • What are the open and close dates of the Nisus Finance Services Co Ltd IPO?

    The open and close dates of the Nisus Finance Services Co Ltd IPO are 4 Dec 2024 to 6 Dec 2024.

  • What is the lot size and minimum order quantity of the Nisus Finance Services Co Ltd IPO?

    The lot size and minimum order quantity of the Nisus Finance Services Co Ltd IPO are 800 and 800 respectively.

  • What would be the listing gains on the Nisus Finance Services Co Ltd IPO?

    The potential listing gains on the Nisus Finance Services Co Ltd IPO will depend on various market factors and cannot be predicted with certainty.