Comparison between NIS Management IPO and Safety Controls IPO.
NIS Management IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Safety Controls IPO is a SME Bookbuilding proposed to list at BSE SME.
| NIS Management IPO | Safety Controls IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Sobhagya Capital Options Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of NIS Management IPO is up to ₹56.34 Cr whereas the issue size of the Safety Controls IPO is up to ₹45.57 Cr. The final issue price of NIS Management IPO is ₹111.00 per share and of Safety Controls IPO is .
| NIS Management IPO | Safety Controls IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹105.00 per share | ₹75.00 per share |
| Issue Price (Upper) | ₹111.00 per share | ₹80.00 per share |
| Issue Price (Final) | ₹111.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 43,32,000 shares | 56,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹48.09 Cr | up to ₹45.57 Cr |
| OFS Issue Size | 7,44,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹8.26 Cr | up to ₹0.00 Cr |
| Issue Size Total | 50,76,000 shares | 56,96,000 shares |
| Issue Size Total (Amount) | up to ₹56.34 Cr | up to ₹45.57 Cr |
NIS Management IPO opens on Aug 25, 2025, while Safety Controls IPO opens on Apr 06, 2026. The closing date of NIS Management IPO and Safety Controls IPO is Aug 28, 2025, and Apr 08, 2026, respectively.
| NIS Management IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Bid Date | Aug 22, 2025 | Apr 02, 2026 |
| Issue Open | Aug 25, 2025 | Apr 06, 2026 |
| Issue Close | Aug 28, 2025 | Apr 08, 2026 |
| Basis Of Allotment (Tentative) | Aug 29, 2025 | Apr 09, 2026 |
| Initiation of Refunds (Tentative) | Sep 01, 2025 | Apr 10, 2026 |
| Credit of Share (Tentative) | Sep 01, 2025 | Apr 10, 2026 |
| Listing date (Tentative) | Sep 02, 2025 | Apr 13, 2026 |
| Anchor Lockin End date 1 | Sep 28, 2025 | May 09, 2026 |
| Anchor Lockin End date 2 | Nov 27, 2025 | Jul 08, 2026 |
NIS Management IPO P/E ratio is 9.13, as compared to Safety Controls IPO P/E ratio of 12.3.
| NIS Management IPO | Safety Controls IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)NIS Management Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 2% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.99 | 66.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.63 | 46.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.13 | 12.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹219.78 Cr. | ₹158.62 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.10 | 30.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.63 | 37.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.55 | 0.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.15 | ₹6.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.10 | 21.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the NIS Management IPO Retail Individual Investors (RII) are offered 17,88,000 shares while in Safety Controls IPO retail investors are offered 17,88,000 shares. Qualified Institutional Buyers (QIB) are offered 10,08,000 shares in NIS Management IPO and 12,00,000 shares in Safety Controls IPO.
| NIS Management IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,06,000 shares | 15,84,000 shares |
| Market Maker Reservation | 3,30,000 shares | 3,04,000 shares |
| QIB | 10,08,000 shares | 12,00,000 shares |
| NII | 7,74,000 shares | 8,64,000 shares |
| RII | 17,88,000 shares | 20,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 50,76,000 shares | 56,96,000 shares |
NIS Management IPO subscribed 3.13x in total, whereas Safety Controls IPO subscribed 1.28x.
| NIS Management IPO | Safety Controls IPO | |
|---|---|---|
| QIB (times) | 2.12x | 1.31x |
| NII (times) | 9.15x | 2.45x |
| Big NII (times) | 12.89x | 3.37x |
| Small NII (times) | 1.67x | 0.61x |
| RII (times) | 1.10x | 0.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 3.13x | 1.28x |
