- IPO Size: Nisus Finance Services is issuing 6.5 million shares.
- Share Split: 5.78 million fresh shares and 0.72 million offered for sale.
- Primary Objectives: Infrastructure expansion, fund raising, and capital augmentation.
- Financial Growth: Significant increases in assets and profits from FY21 to FY24.
Nisus Finance Services Co. Limited has announced a book-built IPO issue comprising 6.5 million shares, including 5.78 million new shares and an offer for sale of 0.72 million shares. This issue, aimed at raising capital for expansion and other objectives, is managed by Beeline Capital Advisors, with Skyline Financial Services as the registrar. While the IPO date and price band are pending announcement, the company plans to list on the BSE SME.
Nisus IPO Details
| IPO Details | Information |
|---|---|
| IPO Date | TBD* |
| Listing Date | TBD* |
| Face Value | ₹10 per share |
| Price Band | TBD* |
| Lot Size | TBD* |
| Total Issue Size | 6,500,000 shares (₹[.] Cr) |
| Fresh Issue | 5,780,000 shares (₹[.] Cr) |
| Offer for Sale | 720,000 shares of ₹10 |
| Issue Type | Book Built Issue IPO |
| Listing Exchange | BSE SME |
| Pre-Issue Shareholding | 18,232,500 |
| Post-Issue Shareholding | 24,012,500 |
*TBD” stands for “To Be Determined.” It is often used when certain details, such as dates, prices, or other specifics, have not yet been decided or confirmed.
Nisus IPO Reservation Details
Promoted by Amit Anil Goenka and Mridula Amit Goenka, Nisus Finance Services plans to utilize the IPO proceeds to fund expansion and bolster financial standing.
| Category | Shares Offered |
|---|---|
| QIB (Qualified Buyers) | Not more than 50% of Net Offer |
| Retail Investors | At least 35% of Net Offer |
| NII (High Net-Worth) | At least 15% of Net Offer |
About Nisus Finance Services Co. Limited
Founded in 2013, Nisus Finance Services (formerly Molior Realty Private Limited) operates under the Nisus Finance Group (NiFCO) brand. With a strong presence in transaction advisory and fund management, Nisus works across sectors like real estate, urban infrastructure, and asset management. Subsidiaries and associates, including Nisus BCD Advisors LLP and Dalmia Nisus Finance Investment Managers, further expand its service offerings.
Core Services
- Transaction Advisory: Involves private equity, structured credit, warehousing, and land assembly.
- Fund Management: Aligns investments with the company’s strategic philosophy.
Financial Overview (₹ in Lakhs)
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 4,984.56 | 3,104.63 | 2,076.06 | 1,499.05 |
| Revenue | 3,090.73 | 1,153.83 | 749.51 | 557.49 |
| Profit (PAT) | 1,687.96 | 299.83 | 129.99 | 70.32 |
| Net Worth | 2,615.58 | 937.36 | 637.53 | 507.54 |
| Borrowings | 751.5 | 1,813.5 | 1,041.56 | 790.19 |
Nisus Finance Services IPO Objectives
The funds raised through the Nisus IPO will be used for:
- General corporate purposes, ensuring the company’s growth and sustainability.
- Augmenting fund setup, obtaining additional licenses, and managing infrastructure in key global markets, including IFSC Gift City (Gandhinagar), DIFC-Dubai, and FSC-Mauritius.
- Covering fundraising costs and third-party distribution fees in both India and international markets.
- Investing in Nisus Fincorp Pvt Ltd (an RBI-registered NBFC) to increase its capital base.
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