NIS Management IPO

Incorporated in 1985 and headquartered in Kolkata, NIS Management Limited is a leading provider of security and facility management services. The company offers comprehensive solutions, including manned guarding, electronic surveillance, integrated facility management, payroll processing, and housekeeping. From a modest five-person operation, it has grown to a workforce of approximately 16,000 employees, serving over 600 clients across 14 states. With 14 strategically located branches, NIS delivers locally tailored services with high operational standards. Its offerings include round-the-clock security, fire and safety training, help desk support, streamlined facility management, and detailed HR and payroll processing.

NIS Management Limited IPO Overview

NIS Management IPO is a book-built issue worth ₹60.01 crores, comprising a fresh issue of 0.47 crore shares aggregating to ₹51.75 crores and an offer for sale of 0.07 crore shares totaling ₹8.26 crores. The IPO opens for subscription on 25 August 2025 and closes on 28 August 2025, with allotment expected to be finalised on 29 August 2025. The shares are proposed to list on BSE SME on 2 September 2025. The price band is set between ₹105 and ₹111 per share, with a lot size of 1,200 shares. Retail investors must invest a minimum of ₹2,52,000 for 2,400 shares, while HNIs must invest at least three lots, amounting to ₹3,99,600. Share India Capital Services Pvt. Ltd. is the book running lead manager, Maashitla Securities Pvt. Ltd. is the registrar, and Share India Securities Ltd. acts as the market maker.

NIS Management Limited IPO Details

Particulars	Details
IPO Date	25 August 2025 to 28 August 2025
Listing Date	2 September 2025
Face Value	₹10 per share
Issue Price Band	₹105 to ₹111 per share
Lot Size	1,200 Shares
Total Issue Size	54,06,000 shares (aggregating up to ₹60.01 Cr)
Fresh Issue	43,32,000 shares (aggregating up to ₹48.09 Cr)
Offer for Sale	7,44,000 shares (aggregating up to ₹8.26 Cr)
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	1,51,38,094 shares
Share Holding Post Issue	1,98,00,094 shares
Market Maker Portion	3,30,000 shares (₹3.66 Cr)

NIS Management Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Offer
Retail	Not less than 35% of the Net Offer
NII (HNI)	Not less than 15% of the Net Offer

NIS Management Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	2,400	₹2,66,400
Retail (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

NIS Management Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	95.99%
Post-Issue	69.63%

NIS Management Limited IPO Valuation Overview

KPI	Value
EPS	12.15 (Pre-IPO), 9.29 (Post-IPO)
P/E Ratio	9.13 (Pre-IPO), 11.94 (Post-IPO)
RoNW	13.10%
ROCE	17.63%
EBITDA Margin	6.54%
PAT Margin	4.64%
Debt to Equity Ratio	0.55
Price to Book Value	0.61

Objectives of the Proceeds

• To meet working capital requirements – ₹40 Cr

• General corporate purposes, including expansion and operational improvements

Key Financials (in ₹ Crore)

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	247.44	225.72	213.75
Revenue	380.06	341.93	295.26
Profit After Tax	18.4	16.14	13.25
Reserves and Surplus	125.97	107.57	91.43
Total Borrowings	91.11	87.22	86.79