Nisus Finance Services Co Limited (BSE SME)

Dec 4, 2024 - Dec 6, 2024

Price ₹170 - ₹180
Premium ₹95
Lot size 800
Allotment Dec 9, 2024
Listing Dec 11, 2024

Category Lot(s) Qty Amount Reserved
Retail 1 800 144000 2614
HNI 2 1600 288000 1120

Last updated on 06-Dec-2024 18:39:02

CategoryOfferedAppliedTimes
QIBs119440011208400093.84
HNIs896000404635200451.6
Retail2091200292310400139.78
Employee24000216000.9
Total4205600809051200192.37
Total Applications: 459720
QIB Interest Cost Per Share (7 Days)
@7%
₹22.7
@8%
₹25.9
@9%
₹29.2
@10%
₹32.4
@11%
₹35.6
@12%
₹38.9
HNI Interest Cost Per Share (7 Days)
@7%
₹109.1
@8%
₹124.7
@9%
₹140.3
@10%
₹155.9
@11%
₹171.5
@12%
₹187.1
About

IPO Reservation

Investor CategoryShares OfferedNo. of Shares
Retail32.95%2091200
NII (HNI)14.12%896000
Anchor28.20%1789600
QIB18.82%1194400
Market Maker5.53%351200
Employee0.38%24000
Total 100.00%6346400

Nisus Finance Services IPO Details

Issue Size6,346,400 shares
(aggregating up to ₹114.24 Cr)
Fresh Issue5,645,600 shares
(aggregating up to ₹101.62 Cr)
Offer for Sale700,800 shares of ₹10
(aggregating up to ₹12.61 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share holding pre issue18,232,500
Share holding post issue23,878,100
Market Maker portion351,200 shares
Market MakerSpread X Securities

Key Performance Indicator

KPIJun-24Mar-24Mar-23
ROE22.81%109.83%38.03%
ROCE24.20%101.63%23.48%
RONW21.43%73.09%31.96%
D/E0.160.231.93
EPS (basic)4.5612.551.65
P/E Pre IPO-14.24
P/E Post IPO-    12.86

Company Financials

Nisus Finance Services Co Limited Financial Information (Restated Consolidated) In Lakhs.

Nisus Finance Services Co Limited's revenue increased by 266.16% and profit after tax (PAT) rose by 663.29% between the financial year ending with March 31, 2024 and March 31, 2023.

PeriodJun-24Mar-24Mar-23Mar-22
Assets5,8354,9033,1062,077
Revenue1,5004,2241,153749
Profit8352,305302129
Net Worth3,8763,129938638
Reserves2,2363,119831531
Borrowing6637261,8131,041

About Company

Founded in 2013, Nisus Finance Services Co. Limited offers comprehensive financial services, including Transaction Advisory, Fund and Asset Management, Private Equity and Venture Debt, and Capital Solutions tailored for corporate clients. The company operates through two business segments: Transaction Advisory Services, which facilitate transactions like outright sales, joint ventures, joint development, and capital structuring by connecting businesses with private equity funds, risk capital providers, and financial institutions, alongside providing corporate real estate advisory; and Fund and Asset Management, which provides growth capital, project financing, and asset management services for Alternative Investment Funds (AIFs) in real estate and infrastructure. Nisus Finance manages four AIF schemes through SEBI, IFSC, and DIFC-registered entities, including Real Estate Special Opportunities Fund – 1, Real Estate Credit Opportunities Fund – 1, Nisus High Yield Growth Fund – 1, and Nisus High Yield Growth Fund Closed-Ended, with total Assets Under Management (AUM) of approximately ₹1,000 crore as of FY2024. Headquartered in India, with three offices (two domestic and one international), the company employed 24 people as of January 31, 2024, generating revenue primarily from fund management fees.
Lead Manager(s)

Beeline Capital Advisors Pvt Ltd

Strength

Strong Brand and Credibility: A well-established, customer-focused NiFCO brand recognized for reliability and expertise.

Diversified Business Model: Offers a broad range of financial services, ensuring resilience and multiple revenue streams.

Market Insight: Proven ability to identify and capitalize on emerging market trends promptly.

Weakness

Litigation Risks: Ongoing legal proceedings involving the company, promoters, directors, and subsidiaries could lead to liabilities or penalties, potentially harming reputation and financial stability.

Revenue Concentration: Dependence on key customers and investors exposes the company to liquidity risks, which may impact business operations and financial performance.

Intense Competition : Increasing competition in the financing industry may lead to pricing pressures, affecting customer retention, new business acquisition, and overall growth prospects.

Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php