On the last day, the NIS Management IPO was subscribed 3.13 times overall, while the retail quota was subscribed 1.10 times, QIB 2.12 times, and the NII quota 9.15 times, respectively.
NIS Management IPO Details
NIS Management received approval from SEBI for its IPO of ₹60.01 crores, a fresh issue of ₹51.75 crores with a face value of ₹10 per share. It has a set price band of ₹105 to ₹111 Per Share.
NIS Management Funds Utilisations
- Some proceeds raised from the fresh issue will be utilized to Meet Working Capital Requirements
- Lastly, the remaining funds will be used General Corporate Purpose.
NIS Management Shares Distributions
Moreover, the retail category had 2,400 shares in a 2-lot size, with a minimum application and a maximum application.
S-HNI Minimum got 3,600 shares in 3 lot sizes.
S-HNI Maximum got 8,400 shares in 7 lot sizes
B-HNI Minimum got 9,600 shares in 8 lot sizes
To participate in this IPO, each investor group has a tailored investment range
Retail Minimum Application:- ₹2,66,400
Retail Maximum Application:-₹2,66,400
S-HNI Minimum Application:- ₹3,99,600
S-HNI Maximum Application:- ₹9,32,400
B-HNI Minimum Application:- ₹10,65,600
NIS Management IPO Subscription Duration
Started on August 25, 2025, and closed on August 28, 2025. The allotment was on August 29, 2025. NIS Management’s IPO listing is today, September 2, 2025.
About NIS Management IPO
Incorporated in 1985, NIS Management Limited is one of the growing companies involved in the sector of security and facility management. This Kolkata-based company has a total of 16,000 employees working across 14 states in India. The company is involved in offering a wide range of services to the clients, including security Services, Integrated Facility Management, and Housekeeping Services. In 1986, NIS received its first airport security contract in Bihar, which needed a team of 100 people.
The company’s competitive strengths include its strong regional presence and ability to attract skilled talent. It maintains a larger full-time workforce compared to temporary staff and leverages technology through a mobile app for attendance tracking and QR codes for employee monitoring.
NIS Management IPO Financial Background
The company reported revenue of ₹380.06 crores in 2024 against ₹341.93 crores in 2023. The company reported a profit of ₹18.40 crores in 2024 against a profit of ₹16.14 crores in 2023.
