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NIS Management IPO is a book build issue of ₹60.01 crores. The issue is a combination of fresh issue of 0.47 crore shares aggregating to ₹51.75 crores and offer for sale of 0.07 crore shares aggregating to ₹8.26 crores.
NIS Management IPO bidding started from Aug 25, 2025 and ended on Aug 28, 2025. The allotment for NIS Management IPO was finalized on Aug 29, 2025. The shares got listed on BSE SME on Sep 2, 2025.
NIS Management IPO price band is set at ₹111.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,66,400.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,99,600.
Share India Capital Services Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Share India Securities Ltd..
Refer to NIS Management IPO RHP for detailed Information.
| IPO Date | August 25, 2025 to August 28, 2025 |
| Listing Date | September 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹105 to ₹111 per share |
| Issue Price Final | ₹111 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 54,06,000 shares (aggregating up to ₹60.01 Cr) |
| Reserved for Market Maker | 3,30,000 shares Share India Securities Ltd. (aggregating up to ₹3.66 Cr) |
| Fresh Issue (Ex Market Maker) | 43,32,000 shares (aggregating up to ₹48.09 Cr) |
| Offer for Sale | 7,44,000 shares of ₹10 (aggregating up to ₹8.26 Cr) |
| Net Offered to Public | 50,76,000 shares (aggregating up to ₹56.34 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,51,38,094 shares |
| Share Holding Post Issue | 1,98,00,094 shares |
NIS Management IPO offers total 54,06,000 shares. Out of which 25,14,000 (46.50%) allocated to QIB, 10,08,000 (18.65%) allocated to QIB (Ex- Anchor), 7,74,000 (14.32%) allocated to NII, 17,88,000 (33.07%) allocated to RII and 15,06,000 (27.86%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,30,000 (6.10%) |
| QIB Shares Offered | 25,14,000 (46.50%) |
| − Anchor Investor Shares Offered | 15,06,000 (27.86%) |
| − QIB (Ex. Anchor) Shares Offered | 10,08,000 (18.65%) |
| NII (HNI) Shares Offered | 7,74,000 (14.32%) |
| − bNII > ₹10L | 5,16,000 (9.54%) |
| − sNII < ₹10L | 2,58,000 (4.77%) |
| Retail Shares Offered | 17,88,000 (33.07%) |
| Total Shares Offered | 54,06,000 (100.00%) |
NIS Management IPO raises ₹16.72 crore from anchor investors. NIS Management IPO Anchor bid date is August 22, 2025. NIS Management IPO Anchor Investors list
| Bid Date | August 22, 2025 |
| Shares Offered | 15,06,000 |
| Anchor Portion Size (In Cr.) | 16.72 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 28, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 27, 2025 |
NIS Management IPO opens on August 25, 2025, and closes on August 28, 2025.
| IPO Open Date | Mon, Aug 25, 2025 |
| IPO Close Date | Thu, Aug 28, 2025 |
| Tentative Allotment | Fri, Aug 29, 2025 |
| Initiation of Refunds | Mon, Sep 1, 2025 |
| Credit of Shares to Demat | Mon, Sep 1, 2025 |
| Tentative Listing Date | Tue, Sep 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Aug 28, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,66,400 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,66,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,99,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,32,400 |
| B-HNI (Min) | 8 | 9,600 | ₹10,65,600 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1985, NIS Management Limited is engaged in the business of security and facility management based in Kolkata.
The company offers a range of services, including manned guarding, electronic surveillance, facility management, payroll processing, and housekeeping.
The company has experienced significant growth, expanding from a five-person operation in 1985 to a substantial presence in the security services industry.
The company has expanded to include 14 branches, strategically positioned to optimize service delivery across diverse locations. The company remains committed to delivering exceptional, locally tailored service with high operational standards.
Services:
As of, June 30, 2025, the company had 16609 numbers of employees including contract labors.
Competitive Strengths:
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.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 255.11 | 247.44 | 225.72 |
| Total Income | 405.33 | 380.06 | 341.93 |
| Profit After Tax | 18.67 | 18.38 | 16.14 |
| EBITDA | 26.30 | 31.12 | 28.32 |
| Net Worth | 152.00 | 132.94 | 114.55 |
| Reserves and Surplus | 137.14 | 125.97 | 107.57 |
| Total Borrowing | 83.78 | 91.11 | 87.22 |
| Amount in ₹ Crore | |||
The market capitalization of NIS Management IPO is ₹219.78 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 13.10% |
| ROCE | 17.63% |
| Debt/Equity | 0.55 |
| RoNW | 13.10% |
| PAT Margin | 4.64% |
| EBITDA Margin | 6.54% |
| Price to Book Value | 0.61 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 12.15 | 9.29 |
| P/E (x) | 9.13 | 11.94 |
The Company NIS Management IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To Meet Working Capital Requirements | 36.00 |
| 2 | General Corporate Purpose | 9.56 |
[Dilip Davda] NML is engaged in providing staffing services across the service sectors. It has customers across the board that includes corporates, hospitality sector, airports, Banks, etc., and also provides facility management. The company marked growth in its top and bottom lines. However, its bottom line remained stagnant for FY24 and FY25, despite growth in top lines. Based on its recent financial data, the IPO appears fully priced. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | September 2, 2025 |
| BSE Script Code | 544495 |
| NSE Symbol | |
| ISIN | INE0M3X01010 |
| Final Issue Price | ₹111 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹111.00 |
| Open | ₹97.50 |
| Low | ₹97.50 |
| High | ₹97.50 |
| Last Trade | ₹97.50 |
NIS Management Ltd.
01st Floor,
Fl-1A(W) 489 Madurdaha,
Kalikapur,
Kolkata, West Bengal, 700107
Phone: 91-9836205111
Email: info@nis.co.in
Website: https://nis.co.in/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: Investor.ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
NIS Management IPO is a SME IPO of 54,06,000 equity shares of the face value of ₹10 aggregating up to ₹60.01 Crores. The issue is priced at ₹111 per share. The minimum order quantity is 1200.
The IPO opens on August 25, 2025, and closes on August 28, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in NIS Management IPO using UPI as a payment gateway. Zerodha customers can apply in NIS Management IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in NIS Management IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The NIS Management IPO opens on August 25, 2025 and closes on August 28, 2025.
NIS Management IPO lot size is 1200, and the minimum amount required for application is ₹2,66,400, with 2 lots being the minimum application size.
You can apply in NIS Management IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for NIS Management IPO will be done on Friday, August 29, 2025, and the allotted shares will be credited to your demat account by Monday, September 1, 2025. Check the NIS Management IPO allotment status.
The NIS Management IPO listing date is on Tuesday, September 2, 2025.
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