NIS Management Ltd IPO
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NIS Management Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 54.06 L | ₹ 7.44 L | ₹ 17.88 L | ₹ 145.31 L | BSE | ₹ 60.01 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 25 Aug, 25 | 28 Aug, 25 | 2400 | ₹ 2,52,000 | Book Building - SME | 02 Sep, 25 |
NIS Management Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0.85x | 2514000 | 2133600 |
| NII | 9.57x | 774000 | 7408800 |
| Retail | 1.1x | 1788000 | 1972800 |
| Employee | 0x | 0 | 0 |
| Total | 2.13x | 5406000 | 11515200 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
NIS Management Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 16.18 | 19.99 | 17.31 |
| EBITDA | 17.10 | 20.79 | 18.22 |
| PAT | 15.23 | 15.58 | 13.48 |
| Total Assets | 195.85 | 186.00 | 162.35 |
| Share Capital | 15.14 | 7.28 | 7.28 |
| Total Borrowings | 135.01 | 127.17 | 119.71 |
| Operating Activities (Net Cash) | 16.15 | 16.38 | 14.39 |
| Investing Activities (Net Cash) | 11.88 | 10.78 | 10.42 |
| Financing Activities (Net Cash) | 135.01 | 127.17 | 119.71 |
| Net Cashflow | 20.40 | 25.05 | 17.77 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About NIS Management Ltd
Our Company was originally incorporated as NIS Management Private Limited under the Companies Act, 1956, with a Certificate of Incorporation dated March 23, 2006, issued by the Registrar of Companies, West Bengal. On June 18, 2018, the Company was converted to a Public Limited Company following a resolution passed at an Extra-ordinary General Meeting. The Company's name was subsequently changed to NIS Management Limited, and a fresh Certificate of Incorporation was issued on June 27, 2018, reflecting this change. The Corporate Identification Number is U74920WB2006PLC108679.
In Fiscal 2023, the Indian outsourced integrated facility management market was estimated to be Rs.980.8 billion. The outsourced integrated facility management market in India is expected to grow at a CAGR of 14.6% between Fiscals 2023- 2028, with a potential market size of Rs.1,935.88 billion. The staffing and payroll management services market size in Fiscal 2023 is estimated at Rs.729 billion, with expected growth at a CAGR of 20.1% from Fiscals 2023-2028. The private security and manned guarding services market in India is valued at Rs.1,500 billion in Fiscal 2023, expected to grow at a CAGR of 20.0% from Fiscal 2023-2028.
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. Mrs. Rina Choudhury joined the business in the mid-1990s after her marriage to Mr. Debajit Choudhury. She started looking after the facility management division.
NIS Management Ltd IPO Key Points
Strengths
- Established presence and proven track record.
- Decent order book with a government client base.
- Continuous Focus on equipment ownership.
- Strong financial performance.
- Experienced Promoters and Strong Senior Management Expertise.
Risk
- A significant portion of the company Total Revenue is attributable to the state of West Bengal.
- The company Revenue from the Security Division and Housekeeping Division contributes significantly to its revenue from operation any loss of business from such services may adversely affect the company revenues and profitability.
- There are outstanding legal proceedings. Any adverse outcome in any of these proceedings may adversely affect the company reputation, business, financial condition and results of operations.
Strategy
- Retain, strengthen, and grow customer base with a focus on deepening relationships with existing customers.
- Grow Market Share in Key Segments.
- Established presence and proven track record.
- Decent order book with a government client base.
- Continuous Focus on equipment ownership.
- Strong financial performance.
- Experienced Promoters and Strong Senior Management Expertise.
How To Apply for NIS Management Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
