Nisus Finance Services IPO: Date, Price, GMP & Valuation

Nisus Finance Services IPO, under the SME IPO category, aims to raise ₹114.24 crore. Incorporated in 2013, Nisus Finance Services Co. Limited specializes in transactional advisory, fund and asset management, private equity, and venture debt services.

Nisus Finance Services Ltd, incorporated in 2013, is launching its SME IPO from December 4 to December 6, 2024, with an issue size of ₹114.24 crore. Specializing in financial services such as transactional advisory, fund management, and venture debt, the company manages assets close to ₹1,000 crore across real estate and infrastructure.

Business Segments

1. Transactional Advisory Services: Facilitates corporate transactions, including sales, joint ventures, and capital structuring.

2. Fund & Asset Management: Focuses on growth capital, project finance, and managing alternative investment funds (AIFs). Notable funds include:

   • Real Estate Special Opportunities Fund

   • Nisus High Yield Growth Fund

IPO Details

• Price Band: ₹170-₹180 per share

• Lot Size: 800 shares

• Fresh Issue: ₹101.62 crore (5,645,600 shares)

• Offer for Sale: ₹12.61 crore (700,800 shares)

• Listing: BSE SME

Financial Performance

The company reported a PAT growth of 663.29% in FY2024, with revenue increasing to ₹4,224.92 lakh. However, net cash flow from operating activities showed a decline.

Strengths

• Diversified revenue streams

• Expertise in identifying market trends

• Strong internal controls and governance

Risks

• Dependence on market conditions

• Reliance on key personnel

• Cybersecurity threats

IPO GMP

As of November 29, 2024, the grey market premium (GMP) for the Nisus IPO date stands at ₹50, indicating an expected listing price of ₹230.

Conclusion

With its diversified portfolio and robust growth, the IPO offers potential. However, investors must weigh the risks and evaluate valuations before investing.