NIS Management IPO
NIS Management IPO
Overview
NIS Management IPO is a book build issue of ₹60.01 crores. The issue is a combination of fresh issue of 0.47 crore shares aggregating to ₹51.75 crores and offer for sale of 0.07 crore shares aggregating to ₹8.26 crores. NIS Management IPO opens for subscription on Aug 25, 2025 and closes on Aug 28, 2025. The allotment for the NIS Management IPO is expected to be finalized on Aug 29, 2025. NIS Management IPO will list on BSE SME with a tentative listing date fixed as Sep 2, 2025. NIS Management IPO price band is set at ₹105.00 to ₹111.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000.00 (2,400 shares). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,99,600. Share India Capital Services Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Share India Securities Ltd..
Total Shares
54,06,000
Issue Size
₹60.01 Cr
Price Band
₹105 – ₹111
Lot Size
1200 shares
Min. Investment
₹2,66,400
Max. Investment
₹2,66,400
Open Date
25 Aug, 2025
Close Date
28 Aug, 2025
Allotment
29 Aug, 2025
Listing
02 Sep, 2025
Max. Investment
₹2,66,400
Announced
25 Aug, 2025
Opening Date
25 Aug, 2025
Closing Date
28 Aug, 2025
Basis of Allotment
29 Aug, 2025
Initiation of Refunds
01 Sep, 2025
Credit of Shares
01 Sep, 2025
Listing Date
02 Sep, 2025
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About NIS Management IPO
Incorporated in 1985, NIS Management Limited is engaged in the business of security and facility management based in Kolkata.
The company offers a range of services, including manned guarding, electronic surveillance, facility management, payroll processing, and housekeeping.
The company has experienced significant growth, expanding from a five-person operation in 1985 to a substantial presence in the security services industry.
The company has expanded to include 14 branche
NIS Management IPO Share Price
Issue Breakdown
Shareholding
Dilution: 30.8% increase in shares
NIS Management IPO Promoters Holding
NIS Management IPO Financial Health
NIS Management Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 2% between the financial year ending with March 31, 2025 and March 31, 2024.
NIS Management IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,66,400 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,66,400 |
| S-HNI (Max) | 7 | 8400 | ₹9,32,400 |
| B-HNI (Min) | 8 | 9600 | ₹10,65,600 |
(All values in CR)
NIS Management IPO Valuations
The market capitalization of NIS Management IPO is ₹219.78 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 13.10 |
| ROCE | 17.63 |
| Debt/Equity | 0.55 |
| RoNW | 13.10 |
| PAT Margin | 4.64 |
| EBITDA Margin | 6.54 |
| Price to Book Value | 0.61 |
(All values in CR)
NIS Management IPO Strength & Risk
NIS Management IPO Strength:
Wide presence across multiple states with large trained workforce.
Serves a broad base of clients across industries.
Diversified services including security, facility management, payroll, training, and surveillance.
Strong financial position with healthy return ratios.
Stable credit rating indicating financial reliability.
Operates in a growing market for outsourced security and facility management services.
NIS Management IPO Risk:
High revenue dependency on one key region.
Labor-intensive model with employee turnover challenges.
Rising manpower costs may impact profitability.
Operates in a highly competitive and fragmented industry.
Exposed to regulatory changes in labor laws.
High working capital requirements due to stretched receivable cycles.
NIS Management IPO Subscriptions Status
NIS Management IPO subscribed 3.12 times. The public issue subscribed 1.08 times in the individual investors category, 2.12 times in QIB (Ex Anchor), and 9.15 times in the NII category by August 28, 2025 4:09:43 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 15,06,000 | 15,06,000 | 16.717 |
| Market Maker | 1.00 | 3,30,000 | 3,30,000 | 3.663 |
| QIB (Ex Anchor) | 0.45 | 10,08,000 | 4,51,200 | 5.008 |
| Non-Institutional Buyers | 1.36 | 7,74,000 | 10,51,200 | 11.668 |
| bNII (bids above ₹10L) | 1.44 | 5,16,000 | 7,42,800 | 8.245 |
| sNII (bids below ₹10L) | 1.20 | 2,58,000 | 3,08,400 | 3.263 |
| Individual Investors (IND category bidding for 2 Lots) | 0.38 | 17,88,000 | 6,84,000 | 7.592 |
| Total | 0.61 | 35,70,000 | 21,86,400 | 24.269 |
NIS Management IPO GMP
NIS Management SME IPO last GMP is ₹0, last updated Aug 28th 2025 03:29 PM. With the price band of 111.00, NIS Management SME IPO's estimated listing price is ₹111 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%. The lowest GMP is ₹0.00, while the highest GMP is ₹7.00.
Last updated 28 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 28 Aug, 2025 | 111 | ₹0▼ | - | ₹111 (0.00%) | - | 28 Aug, 2025 |
| 27 Aug, 2025 | 111 | ₹7 | 6400 | ₹118 (6.31%) | 8400 | 27 Aug, 2025 |
| 26 Aug, 2025 | 111 | ₹7 | 6400 | ₹118 (6.31%) | 8400 | 26 Aug, 2025 |
| 25 Aug, 2025 | 111 | ₹7 | 6400 | ₹118 (6.31%) | 8400 | 25 Aug, 2025 |
| 24 Aug, 2025 | 111 | ₹7 | 6400 | ₹118 (6.31%) | 8400 | 24 Aug, 2025 |
| 23 Aug, 2025 | 111 | ₹7 | 6400 | ₹118 (6.31%) | 8400 | 23 Aug, 2025 |
| 22 Aug, 2025 | 111 | ₹7▲ | 6400 | ₹118 (6.31%) | 8400 | 22 Aug, 2025 |
| 21 Aug, 2025 | 111 | ₹0 | - | ₹111 (0.00%) | - | 21 Aug, 2025 |
| 20 Aug, 2025 | 111 | ₹0 | - | ₹111 ( 0.00%) | - | 20 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for NIS Management IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find NIS Management IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.