Nisus Finance Services SME IPO Details, Financials, Valuation & Peers
Explore Nisus Finance Services IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Nisus Finance Services Co Limited (NiFCO) is a diversified financial services company with a strong presence in the real estate financing and urban infrastructure sectors. Established in 2013 as "Molior Realty Private Limited" and later rebranded as Nisus Finance Services Co Limited, the company operates under the "Nisus Finance Group" brand. NiFCO specializes in Transaction Advisory Services and Fund & Asset Management, catering to developers, investors, and stakeholders across the real estate ecosystem. With a decade-long presence and a combined AUM exceeding ₹1,000 crore (FY 2024), NiFCO leverages a research-driven approach to capitalize on emerging trends. Its subsidiaries and associate companies extend its operations to NBFC financing, fund management, and advisory services in India, Dubai, and GIFT City.
Key Points:
- Business Segments:
- Transaction Advisory Services
- Fund & Asset Management: Managing real estate and urban infrastructure assets through a research-driven approach.
- Subsidiaries and Associates:
- Includes entities like Nisus BCD Advisors LLP, Nisus Fincorp Private Limited (NBFC), and others operating across India, Dubai, and GIFT City.
- Recently invested in Microsafe Projects LLP, focusing on acquiring residential properties.
- Operational Scale:
- Active in real estate financing and advisory for over a decade.
- Managing an AUM of over ₹1,000 crore across real estate and urban infrastructure.
- Achievements: Received "Care AIF 1" grading for the Real Estate Special Opportunities Fund – I.
- Strategic Growth Plans:
- Raising funds to strengthen operations in India, Dubai, and GIFT City.
- Expanding the loan book of Nisus Fincorp Private Limited to enhance its financing capabilities.
- Digital Engagement: Strengthened brand presence through a dedicated website under the "Nisus Finance/NiFCO" brand, ensuring seamless client and investor interaction.
Objects of the Issue
- Augmenting fund setup, additional licenses, facility management services and fund management infrastructure in IFSC-Gift 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 creation of pool of funds.
- Investment in Subsidiary Company viz. Nisus Fincorp Private Limited (RBI Registered NBFC), for augmenting the capital base.
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 04 Dec - 06 Dec 2024 |
| IPO Price Band | ₹170 - ₹180 per share |
| Fresh Issue | 56,45,600 shares (₹101.62 crore) |
| Offer For Sale | 7,00,800 shares (₹12.61 crore) |
| Total IPO Size | ₹114.24 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 04 Dec 2024 |
| IPO Closing Date | 06 Dec 2024 |
| Basis Of Allotment | 09 Dec 2024 |
| Refunds | 10 Dec 2024 |
| Demat Transfer | 10 Dec 2024 |
| IPO Listing Date | 11 Dec 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| Total Income | 7.50 | 11.54 | 42.25 | 15.01 |
| Total Expenses | 5.53 | 7.76 | 9.12 | 3.44 |
| Net Profit/Loss | 1.29 | 3.02 | 23.05 | 8.36 |
| NPM (*) | 17.75 | 26.55 | 54.30 | 61.19 |
| Total Assets | 20.77 | 31.06 | 49.03 | 58.36 |
| Total Liabilities | 14.39 | 21.67 | 16.77 | 17.76 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Jun 2024 |
|---|---|---|---|---|
| EPS | 0.69 | 1.61 | 12.25 | 4.56 |
| ROE (%) | 22.37 | 38.03 | 109.83 | 22.81 |
| ROCE (%) | 15.79 | 23.48 | 101.63 | 24.20 |
| D/E Ratio | 1.63 | 1.93 | 0.23 | 0.16 |
| Current Ratio | 1.84 | 0.64 | 2.37 | 2.25 |
| EBITDA MARGIN (%) | 33.33 | 46.61 | 81.57 | 77.62 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% |
| Non-Institutional Investor (NII/HNI) | Not more than 15% |
| Retail Individual Investor (RII) | Not less than 35% |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 93.84 |
| Non-Institutional Investor (NII/HNI) | 451.21 |
| Retail Individual Investor (RII) | 139.78 |
| Total | 192.29 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Skyline Financial Services Private Limited
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Company Promoters
- AMIT ANIL GOENKA
- MRIDULA AMIT GOENKA
Lead Managers
- BEELINE CAPITAL ADVISORS PRIVATE LIMITED
Company Address
Nisus Finance Services Co Limited
Unit No 502-A, Floor-5, A-Wing, Poonam Chambers, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra - 400018 India
Phone: +91-22-6164 8888
Email: compliance@nisusfin.com
Website: www.nisusfin.com
FAQs
- What is the issue size of the Nisus Finance Services SME IPO?The Nisus Finance Services SME IPO has an issue size of ₹114.24 crore. This includes a fresh issue of 56,45,600 shares (₹101.62 crore) and an offer for sale (OFS) of 7,00,800 shares (₹12.61 crore).
- What is the price band of the Nisus Finance Services IPO?The price band for the Nisus Finance Services IPO is ₹170 - ₹180 per share.
- What are the bidding dates for the Nisus Finance Services IPO?The Nisus Finance Services IPO will open for bidding on 04 Dec 2024 and close on 06 Dec 2024.
- What is the allotment date for the Nisus Finance Services IPO?The allotment date for the Nisus Finance Services IPO is 09 Dec 2024.
- What is the minimum lot size and investment required for the Nisus Finance Services IPO?The minimum lot size for the Nisus Finance Services IPO is 800 shares and the minimum investment required is ₹1,44,000.
- What is the listing date for the Nisus Finance Services IPO?The listing date for the Nisus Finance Services IPO is 11 Dec 2024.
- What is the Nisus Finance Services IPO grey market premium?The grey market premium (GMP) for the Nisus Finance Services IPO is currently at ₹95, with an expected listing gain of approximately 52.78%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.