Nisus Finance Services IPO Subscribed over 3.16x on its first day of subscription

Nisus Finance Services IPO Subscribed over 3.16x on its first day of subscription wherein QIB subscribed 2.89x, NII subscribed 2.22x, and RII subscribed 3.75x.

Nisus Finance Services IPO subscription started on Wednesday, December 4, 2024 and will close on December 6, 2024 as per the schedule. The price band is set at ₹170 to ₹180 per share with a face value of ₹10.

Nisus Finance Services IPO Subscription Status

Nisus Finance Services IPO Subscribed over 3.16x on its first day till 5.00 PM on 4th December.

  • Nisus Finance Services IPO subscription QIB investors portion is 2.89 times, while NII subscribed 2.22 times and RII investors subscribed 3.75 times.
  • The company has received bids for 1,32,90,400 shares against 42,05,600 shares on offer on the first day of subscription.
  • Nisus Finance Services IPO Subscribed over 3.16x on its day 1.

About Nisus Finance Services IPO

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 Company Financial Report

The company reported revenue of ₹42.25 crores 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.

Nisus Finance Services IPO GMP:

Nisus Finance Services IPO GMP was ₹50 as of Wednesday, December 4. That indicates the IPO is trading at ₹230 with ₹50 premium in the grey market against the issue price of ₹180.

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