Nisus Finance Services IPO subscribed overall 192.29 times on the last day, while a retail quota was subscribed 139.78 times and QIB was 93.84 and NII 451.21 respectively.
Details About Nisus Finance Services’s IPO
Nisus Finance Services got approval from SEBI for an IPO of ₹114.24 crores to raise funds and maintain financial stability. This IPO was a fresh issue of ₹101.62 crores and an offer for sale of up to 700,800 equity shares. The face value of each share was Rs 10. Moreover, the company has set up a ₹170 to ₹180 per share. In this IPO total of 800 shares were available in 1 lot size for the minimum Retail category and maximum as well. While HNI (Min) total of 1,600 shares in 2 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹144,000.
- Small HNI (S-HNI): Minimum investment of ₹288,000.
Subscription duration of Nisus Finance Services
This IPO started on December 4, 2024, and closed on December 6, 2024. The investor’s allotment date was December 9, 2024, and they received a refund on December 10, 2024.
Funds Deployment of This IPO
- Augmenting fund setup, additional licenses, facility management services, and fund management infrastructure in IFSCGift City (Gandhinagar), DIFC-Dubai (UAE), and FSC-Mauritius.
- Fundraising cost, distribution, and placement fee to third-party distributors or agents in India and/or international markets for the creation of a pool of funds.
- Investment in Associate Company viz. Nisus Fincorp Private Limited (RBI Registered NBFC), to augment the capital base.
- General Corporate Purposes.
About Nisus Finance Services Company
Nisus Finance Services (NiFCO) which was established on August 21, 2023, previously known as Molior Realty Private Limited offers Transaction Advisory Services. Founded with extensive experience, Nisus Finance Group (NiFCO) has become one of India’s most dynamic financial services firms. With a sharp focus on alternative investments and structured credit, NiFCO is carving out a unique space in India’s real estate and related sectors. Their company, together with their subsidiaries and associates, is dedicated to four different segments: 1) Transaction Advisory Services 2) Fund & Asset Management 3) Stressed Assets Resolution, and 4)Private Equity and Venture Debt. Moreover, Nisus Finance Services believes in a research-driven approach, allowing them to stay ahead of various market trends. This strategic belief helped them build lasting partnerships with asset owners, developers, and operators to investors, funds, and both domestic and international LPs.
Nisus Finance Services IPO Financial Background
The company reported revenue of ₹42.25 crore in 2024 against ₹11.54 crore in 2023. The company reported Profit of ₹23.05 crores in 2024 against Profit of ₹3.02 crores in 2023.
