NIS Management IPO Details

SME

NIS Management IPO opens for subscription on 25 Aug 2025 and closes on 28 Aug 2025. The IPO will be listed on BSE with the tentative listing date set for 02 Sep 2025.

NIS Management IPO price band has been fixed at ₹105 – ₹111 per share.The face value is ₹10 per share with a lot size of 1200.

NIS Management IPO total issue size comprises 54,06,000 shares (aggregating up to ₹60.01 Cr). This includes a fresh issue of 46,62,000 shares (aggregating up to ₹51.75 Cr). Offer for Sale consists of 7,44,000 shares (aggregating up to ₹8.26 Cr). Pre-issue shareholding stands at 1,51,38,094, which will increase to 1,98,00,094 post-issue.

NIS Management IPO Lot Size : Individual Minimum is 2 lots (2,400 shares) amounting to ₹266,400. Individual Maximum is 2 lots (2,400 shares) amounting to ₹266,400. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹399,600. SHNI Maximum is 7 lots (8,400 shares) amounting to ₹932,400. BHNI Minimum is 8 lots (9,600 shares) amounting to ₹1,065,600.

The Lead Managers for NIS Management IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Share India Capital Services Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Share India Securities Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the NIS Management Limited RHP.

NIS Management IPO Details

Listing Price : ₹108 at a Discount of 2.7%
Open Date
25 Aug 2025
Close Date
28 Aug 2025
Listing Date
02 Sep 2025
Issue Price
₹105 - ₹111
Face Value
₹10 per share
Lot Size
1200
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
1,51,38,094 shares
Share holding post issue
1,98,00,094 shares
Total Issue Size
54,06,000 shares (aggregating up to ₹60.01 Cr)
Fresh Issue
46,62,000 shares (aggregating up to ₹51.75 Cr)
Offer for Sale
7,44,000 shares (aggregating up to ₹8.26 Cr)

NIS Management IPO Subscription

NIS Management IPO Application Wise Breakup

NIS Management IPO Dates

  • 25 Aug 2025
    Opening dateOpen
  • 28 Aug 2025
    Closing dateClose
  • 29 Aug 2025
    Allotment Date Allotment
  • 01 Sep 2025
    Initiation of RefundsRefund
  • 01 Sep 2025
    Credit of SharesCredit
  • 02 Sep 2025
    Listing dateListing

NIS Management IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum22400₹266,400
Individual Maximum22400₹266,400
SHNI Minimum33600₹399,600
SHNI Maximum78400₹932,400
BHNI Minimum89600₹1,065,600

NIS Management IPO Reservation

Promoter Holding

Pre Issue:95.99%
Post Issue:69.63%
Promoter Names:
Mr. Debajit Choudhury, Ms. Rina Choudhury, Ms. Susmita Mukherjee, Ms. Debahuti Chatterjee, Ms. Nita Dey

NIS Management IPO Valuations

ROE:13.10%
ROCE:17.63%
DEBT/EQUITY:0.55
RONW:13.10%
PAT MARGIN:4.64%
PRICE TO BOOK VALUE:0.61
EPS Pre IPO:12.15
EPS Post IPO:9.29
P/E Pre IPO:9.13
P/E Post IPO:11.94

NIS Management Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets255.11247.44225.72
Total Income405.33380.06341.93
Profit After Tax18.6718.3816.14
EBITDA26.3031.1228.32
Net Worth152.00132.94114.55
Reserves and Surplus137.14125.97107.57
Total Borrowing83.7891.1187.22
Amount in ₹ Crore

About NIS Management IPO

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. With a workforce of approximately 16,000 personnel, NIS operates across 14 states, serving over 600 clients.

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:

  • Security Services: Round the clock vigilance, Night Patrol, Fire & Safety Training, Help desk Operation etc.
  • Integrated Facility Management: The company combines all facility contracts and strategies under one system, streamlining operations, improving communication, enhancing efficiency, and offering better oversight for growing organizations.
  • Housekeeping Services: Maintaining master data base of all employees, Entering attendance data, Leaves, Overtime, Monthly Reimbursements, and changes in salary if any, Processing of HR and Pay particulars for new recruits from offer letter etc.

As of August 31, 2024, the company employs 16490/- (Sixteen Thousand Four Hundred Ninety only) numbers of employees including contract labors.

 

Strength Of NIS Management IPO

  • Deep regional presence across multiple Indian states.
  • Longstanding client relationships with diversified service offerings.
  • Consistent financial growth in revenue and profitability.
  • Skilled workforce supported by structured training programs.
  • Improving debt indicators and conservative capital structure.


 

Risk Of NIS Management IPO

  • Heavy revenue concentration in West Bengal.
  • High working-capital intensity with elevated receivables.
  • Intense competition pressuring contract renewals and margins.
  • Margins vulnerable to wage-driven pricing models.
  • Operations exposed to delays in receivable collections.

Objectives NIS Management IPO

1. To Meet Working Capital Requirements

2. General Corporate Purpose

Company Contact Details

NIS Management Limited
01st Floor,
Fl-1A(W) 489 Madurdaha,
Kalikapur,
Kolkata, West Bengal
Phone: 91-9836205111
Email: info@nis.co.in
Website: https://nis.co.in/

Registrar Contact Details

Name: Maashitla Securities Pvt Ltd
Phone: +91-11-45121795, +91-11-45121796

NIS Management IPO - FAQs

The NIS Management IPO is a SME public issue comprising 5406000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹60.01 Cr. The issue price has been fixed at ₹111 per equity share, and the minimum application size is 1200 shares.

The IPO opens for subscription on 25 Aug 2025, and closes on 28 Aug 2025.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The NIS Management IPO opens on 25 Aug 2025.

NIS Management IPO lot size is 1200, and the minimum amount required for application is ₹133200.

You may apply for the NIS Management IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the NIS Management IPO is scheduled to be finalized on 29 Aug 2025. Subsequently, the shares allotted will be credited to investors’ demat accounts by 01 Sep 2025. Investors are advised to regularly check the NIS Management IPO allotment status for updates.

The listing date for the NIS Management IPO has not yet been officially announced. However, the tentative listing date is scheduled for 02 Sep 2025.

NIS Management IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).

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