Nisus Finance Services Co Limited has submitted a Draft Red Herring Prospectus (DRHP) for its initial public offering (IPO). The business filed its DRHP with BSE, indicating that the NBFC intends to pursue a BSE SME IPO. The impending IPO offers equity shares with a face value of ₹10, with 57,80,000 being a new issue and 7,20,000 as an Offer for Sale (OFS).
Nisus Finance Services IPO Details
| IPO Date | Coming Soon |
| Listing Date | Coming Soon |
| Face Value | ₹10 per share |
| Price | Coming Soon |
| Lot Size | Coming Soon |
| Total Issue Size | 6,500,000 shares
(aggregating up to ₹[.] Cr) |
| Fresh Issue | 5,780,000 shares
(aggregating up to ₹[.] Cr) |
| Offer for Sale | 720,000 shares of ₹10
(aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
Nisus Finance Services Latest GMP
The price at which an initial public offering (IPO) is traded in an unofficial, unregulated grey market before it is listed is known as the grey market premium (GMP). The GMP shows how the IPO issue of a certain company may respond on the day of listing. While a negative GMP suggests that the IPO is likely to be at a discount, a positive GMP premium suggests that the IPO is likely to be at a profit. An investment decision based only on Nisus Finance Services SME IPO GMP will be dangerous because IPO GMP is prone to high volatility. Therefore, weigh all the options before making an investment and decide whether to participate in the Nisus Finance Services SME IPO.
Objective of issue
Enhancing fund establishment in FSC-Maruritius, DIFC Dubai (UAE), and IFSC-Gift City (Gandhinagar) by adding more license facility management services and fund management infrastructure. In order to create a pool of cash, funding is raised, distributed, and placed in third-party distributors or agents in India and/or foreign markets. Investing in Nisus Fincorp Pvt Ltd (RBI Registred BFC), an associate company, will increase the capital base. general business objectives.
About the Company – Nisus Finance
Established in 2013, Nisus Finance Services is a well-known participant in the diverse financial services industry in India, with a primary emphasis on asset management and real estate investing. Growth capital, project financing, and exceptional situation funding are the company’s areas of expertise, especially in the infrastructure and real estate sectors. The business works under the name “Nisus Finance Group/NiFCO” along with its affiliates, subsidiaries, and sub-subsidiaries. Nisus BCD Advisors LLP, Nisus Finance & Investment Managers LLP, Nisus Finance International Advisors IFSC LLP, Nisus Finance Investment Consultancy FZCO, and affiliates are the company’s subsidiaries and sub-subsidiaries.
