Nisus Finance Services Co Limited, a prominent player in financial services, is set to launch its Initial Public Offering (IPO) on December 4, 2024. The IPO will raise a total of ₹114.24 crore through a combination of:

• Fresh Issue: 56.46 lakh shares, amounting to ₹101.62 crore.
• Offer for Sale (OFS): 7.01 lakh shares, totaling ₹12.61 crore.

The price band for the IPO is set at ₹170 to ₹180 per share, with a minimum lot size of 800 shares. Retail investors can participate with a minimum investment of ₹144,000, while High Net-Worth Individuals (HNIs) need at least ₹288,000 for two lots.

Key Dates:

• IPO Opens: December 4, 2024
• IPO Closes: December 6, 2024
• Allotment Date: December 9, 2024
• Refunds Initiated: December 10, 2024
• Shares Credited to Demat: December 10, 2024
• Listing Date: December 11, 2024

The IPO will be listed on the BSE SME platform. Beeline Capital Advisors Pvt Ltd serves as the lead manager, with Skyline Financial Services Private Ltd as the registrar. Spread X Securities is the market maker for the IPO.

About Nisus Finance Services Co Limited

Founded in 2013, Nisus Finance Services Co Limited specializes in financial services, offering solutions such as:

1. Transaction Advisory Services: Assists partners in joint ventures, outright sales, and capital structuring while facilitating connections with private equity funds and financial institutions.
2. Fund and Asset Management: Manages growth capital and project financing through Alternative Investment Funds (AIFs).

The company manages approximately ₹1,000 crore in Assets Under Management (AUM) across real estate and urban infrastructure sectors. Its funds include:

• Real Estate Special Opportunities Fund – 1
• Real Estate Credit Opportunities Fund – 1
• Nisus High Yield Growth Fund

With a diversified business model, Nisus Finance boasts a strong management team, a credible brand, and prudent governance practices. As of January 2024, the company employs 24 people and operates three offices—two in India and one internationally.

Competitive Strengths

• Established NiFCO brand with a reputation for credibility and customer focus.
• Expertise in identifying emerging market trends early.
• Strong governance and internal control frameworks.
• A diversified business model catering to various financial needs.

Investor Insights

Nisus Finance Services IPO offers a unique opportunity to invest in a company with robust AUM, a well-diversified portfolio, and a track record of delivering specialized financial solutions.

Investors can apply starting December 4, 2024, with applications closing on December 6, 2024. Listing on the BSE SME platform is anticipated on December 11, 2024.
The Upcoming IPOs in this week and coming weeks are Ganesh Infraworld, Suraksha Diagnostic, Property Share REIT, Rosmerta Digital, Avanse Financial and Nisus Finance.
The Current active IPO is Agarwal Toughened, Apex Ecotech, Abha Power and Steel and Rajputana Biodiesel.

For more insights into financial trends , visit our Top News Headlines. You can also explore investment opportunities in the market and apply for upcoming IPOs through our Best IPO to Apply Now section.