SIS Cash Services IPO Details
MAINBOARD
SIS Cash Services IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
The Lead Managers for SIS Cash Services 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 Dam Capital Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the SIS Cash Services Limited DRHP.
SIS Cash Services IPO Details
SIS Cash Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
SIS Cash Services IPO Reservation
Promoter Holding
Documents
SIS Cash Services IPO Valuations
SIS Cash Services Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 710.82 | 648.92 | 599.94 | 518.58 |
| Revenue | 535.78 | 645.53 | 550.46 | 396.14 |
| Profit After Tax | 38.74 | 50.16 | 18.85 | 4.75 |
| Net Worth | 193.39 | 154.52 | 104.63 | 85.25 |
| Reserves and Surplus | 173.57 | 134.71 | 84.81 | 65.43 |
| Total Borrowing | 191.6 | 205.93 | 238.56 | 220.14 |
| Amount in ₹ Crore | ||||
About SIS Cash Services IPO
Incorporated in 2011, SIS Cash Services Limited provides a range of cash logistics and outsourcing solutions across India. The company offers the following services:
- Cash in Transit Services
- Retail Cash Management (Doorstep Banking)
- ATM Cash Replenishment and First-Level Maintenance
- Cash Assistant / Cash Peon Services
- New Solutions for valuables, including cash, as part of its value-added services.
These services, collectively known as Traditional Cash Logistics Services and New Solutions, form the core of the company's offerings. Over time, SIS Cash Services Limited has moved towards offering integrated and end-to-end outsourcing solutions, especially for the banking sector.
The company serves both public and private sector banks, offering customized outsourcing services based on specific requirements. SIS Cash Services Limited also provides services to clients in organised retail, government departments, and e-commerce, among other sectors.
As of December 31, 2024, eight of the company’s top 10 clients have been associated for over a decade. Key clients include Union Bank of India, Central Bank of India, State Bank of India, HDFC Bank, Axis Bank, ICICI Bank, IDBI Bank, and several foreign banks. The client base also includes managed service providers, NBFCs, retail chains, public sector units, railways, hospitals, metro systems, educational institutions, tea gardens, passport centres, and fuel outlets.
SIS Cash Services Limited operates through an integrated platform supported by proprietary and licensed technology solutions, including systems provided by Prosegur. As of December 31, 2024, the workforce includes 11,818 direct employees and 5,575 personnel from third-party sources.
Strength Of SIS Cash Services IPO
Risk Of SIS Cash Services IPO
Objectives SIS Cash Services IPO
1. Funding of capital expenditure requirements for the purchase of cash vehicles and fabrication of the secured vehicle.
2. Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by the Company.
3. General corporate purposes.
Company Contact Details
SIS Cash Services Ltd.
Annapurna Bhawan, Telephone Exchange Road,
Kurji, Patna, Bihar, 800001
India
Patna, Bihar, 800001
Phone: 01140404444
Email: compliance@sisprosegur.com
Website: http://www.sisprosegur.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
SIS Cash Services IPO - FAQs
The SIS Cash Services IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.