NIS Management Limited IPO

NIS Management Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹105 - ₹111

Total Issue

₹60.01 Cr

Bid Dates

25 Aug - 28 Aug

Subscription

2.95x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

NIS Management Limited was started in Kolkata in the year 1985 by Mr. Debajit Choudhury as a sole proprietorship focused on providing security guards and investigation services. Gradually, the company grew with contracts from esteemed organizations and some other major groups. . Today, the company grows at a CAGR of 10% to 13% per annum with clients such as Reliance Retail, Piramal Group, HDFC Bank, Torrent Power, New Secretariat Building, NABANNA (seat of West Bengal government), ONGC, and several airports in India.

Lot Info

Lot Information for NIS Management IPO
Category Lots Shares Amount
Individual (Min) 2 2,400 ₹2,66,400
Individual (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
Market Maker
3,30,000 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹60.01 Cr
Fresh Issue
₹51.75 Cr (0.47 Cr Shares)
Offer For Sale
₹8.26 Cr (0.07 Cr Shares)

Objects of Issue

  1. Working Capital Requirements
  2. General corporate purposes

Grey Market Premium

GMP ₹0
Est. Price ₹111
Est. Gain 0.00%

NIS Management IPO Peer Comparison

(Rs. in crores)

NIS Management IPO Peer Comparison Table
Particulars NIS Management Quess Corporation SIS Limited Team Lease
Revenue from Ops (in Crs.) 405.33 14,967.20 13,257.11 11,200.59
PAT (In Crs.) 18.67 38.05 -9.04 110.17
EPS - Basic 12.38 3.08 0.82 64.86
NAV per share 100.59 72.92 166.79 550.36
RONW 13.10% 1.88% -0.37% 12.71%
EBITDA 6.54% 0.65% 2.32% 1.23%
PAT Margin 4.64% 0.25% -0.07% 0.98%
Price to earning (PE) 8.97 100.10 467.68 29.68
Debt to Equity 0.55 0.10 0.68 0.13

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 24, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for NIS Management IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 405.33 380.06 341.93
Profit after Tax 18.67 18.38 16.14
Net Worth 152.00 132.94 114.55
Total Borrowing 83.78 91.11 87.22
Total Assets 224.10 210.45 186.59
NAV per share (in ₹) 100.59 183.06 157.81
EPS - Basic (in ₹) 12.38 12.63 11.09

KPIs

EBITDA

6.54%

PAT

4.64%

ROE

13.10%

ROCE

17.63%

Debt to Equity

0.55

PE Ratio

8.97

PB Ratio

1.10

Mkt Cap (in Crs.)

219.78

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

95.99%

Public

4.01%

Debajit Choudhury 84.51%
Rina Choudhury 11.48%

Management

Debajit Choudhury Chairperson & MD
Kanad Mukherjee CFO

Registrar & Lead Managers

Registrar

Maashitla Securities

Maashitla Securities

Lead Managers (1)

Share India Capital Share India Capital

Subscription Status

Updated as on 28 Aug 2025 | 05:00:00 PM

BSE SME Subscription Status for NIS Management IPO
Category Sub (x) Offered Bids
QIB 2.12x 10,08,000 21,33,600
NII 6.71x 7,74,000 74,08,800
bHNI 13.53x 5,16,000 69,79,200
sHNI 1.67x 2,58,000 4,29,600
Retail 1.10x 17,88,000 19,72,800
Total 2.95 39,00,000 1,15,15,200

Frequently Asked Questions

What is NIS Management IPO?
NIS Management IPO is a SME IPO having an issue size of ₹60.01 Crs. NIS Management IPO is priced at ₹105 - ₹111 per share. The issue opens on 25 Aug 25 and closes on 28 Aug 25.
When will NIS Management IPO open?
NIS Management IPO opens on 25 Aug 25 and closes on 28 Aug 25.
What is the GMP of NIS Management IPO?
The estimated Grey Market Premium of NIS Management IPO is ₹0 per share (0.00%).
What is the lot size of NIS Management IPO?
The minimum lot size of NIS Management IPO is 1200 shares & the minimum application amount is Rs. 133200.
When is the allotment of NIS Management IPO?
The allotment date of NIS Management IPO is 29 Aug 25.
What is the listing date of NIS Management IPO?
The listing date of NIS Management IPO is 02 Sep 25.
What is the subscription of NIS Management IPO?
NIS Management IPO is subscribed 2.95 times.
What is the price band of NIS Management IPO?
NIS Management IPO is priced at ₹105 - ₹111 per share.
How to check allotment status of NIS Management IPO?
Click the allotment link on NIS Management IPO page of IPO360.
How to apply NIS Management IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply NIS Management IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply NIS Management IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select NIS Management IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date