Nisus Finance Services SME IPO Details, Financials, Valuation & Peers

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Explore Nisus Finance Services IPO details, including IPO dates, financial statements, valuation, peer comparison and more.

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Status
Listed
Biding Dates
04 Dec - 06 Dec 2024
Price Range
₹170 - ₹180
Min Investment
1,44,000
Lot Size
800 shares
Issue Size
₹114.24 crore
Listed Price
₹22525.00%

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.

IPO Docs

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.

FieldsDetails
IPO Dates04 Dec - 06 Dec 2024
IPO Price Band₹170 - ₹180 per share
Fresh Issue56,45,600 shares (₹101.62 crore)
Offer For Sale7,00,800 shares (₹12.61 crore)
Total IPO Size₹114.24 crore
Face Value₹10
Listing OnBSE

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.

EventDate
IPO Opening Date04 Dec 2024
IPO Closing Date06 Dec 2024
Basis Of Allotment09 Dec 2024
Refunds10 Dec 2024
Demat Transfer10 Dec 2024
IPO Listing Date11 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 Ended31st March 202231st March 202331st March 2024Jun 2024
Total Income7.5011.5442.2515.01
Total Expenses5.537.769.123.44
Net Profit/Loss1.293.0223.058.36
NPM (*)17.7526.5554.3061.19
Total Assets20.7731.0649.0358.36
Total Liabilities14.3921.6716.7717.76

* 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 Ended31st March 202231st March 202331st March 2024Jun 2024
EPS0.691.6112.254.56
ROE (%)22.3738.03109.8322.81
ROCE (%)15.7923.48101.6324.20
D/E Ratio1.631.930.230.16
Current Ratio1.840.642.372.25
EBITDA MARGIN (%)33.3346.6181.5777.62

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

No listed peers available for comparison.

IPO Reservation

Investor TypeShares 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 TypeSubscribed
Qualified Institutional Buyer (QIB)93.84
Non-Institutional Investor (NII/HNI)451.21
Retail Individual Investor (RII)139.78
Total192.29

* 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.

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