Nisus Finance Services Co Limited

Company Name	Nisus Finance Services Co Limited
Open Date	04-12-2024
Close Date	06-12-2024
Exchange	BSE SME
Lot Size	800 Shares
Issue Price	₹170 to ₹180 per share
Issue Size	63,46,400 shares
Application Amount	₹1,44,000
Recommendation	Avoid

Nisus Finance Services Co Limited was originally incorporated as “Molior Realty Private Limited” on Aug 21, 2013. The registered office is located at Mumbai, Maharashtra. The company is engaged in two segment; 1. Transaction Advisory Services and 2. Fund and Asset Management. The company derives majority of its revenue from sale of advisory services, fund management fees and interest income on investment. The company has 32 full-time employees in India and 2 employees in Dubai as on Sep 30, 2024.

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Financial Summary in Lakhs

For the Period Ended	Mar-22	Mar-23	Mar-24
Revenue	724.21	1,129.95	4,212.71
EBITDA	242.32	530.29	3,455.31
Net Profit	129.43	302.02	2,305.28
RoCE	17.72%	30.56%	88.14%
ROE	20.26%	32.17%	71.45%
P/E	260.87	111.80	14.69

Tentative Timeline

Opening Date	04-12-2024
Closing Date	06-12-2024
Basis of Allotment	09-12-2024
Initiation of Refunds	10-12-2024
Credit of Shares to Demat	10-12-2024
Listing Date	11-12-2024

Objects of the Issue

Augmenting fund setup, additional licenses, facility management services and fund management infrastructure in IFSC-Gift City (Gandhinagar), DIFC-Dubai (UAE) and FSC-Mauritius

Fund raising cost, distribution and placement fee to third party distributors or agents in India and/or international markets for creation of pool of funds

Investment in Subsidiary Company viz. Nisus Fincorp Private Limited (RBI Registered NBFC), for augmenting the capital base.

General Corporate Purposes

Contact Information

Registered Office	Nisus Finance Services Co Limited Unit No 502-A, Floor-5, A-Wing, Poonam Chambers, Dr. Annie Besant Road, Worli, Mumbai - 400018
Phone	+91-22-6164 8888
Email	cs@nisusfin.com
Website	http://www.nisusfin.com/

Offer Documents

Nisus Finance Services Co India IPO DRHP

Nisus Finance Services Co India IPO RHP

Registrar Details

Name	Skyline Financial Services Private Limited
Phone	02228511022
Email	ipo@skylinerta.com
Website	https://www.skylinerta.com/ipo.php

IPO Reservation

Anchor Investor Shares Offered	17,89,600 (28.2%)
Market Maker Shares Offered	3,51,200 (5.53%)
QIB Shares Offered	11,94,400 (18.82%)
NII (HNI) Shares Offered	8,96,000 (14.12%)
Retail Shares Offered	20,91,200 (32.95%)
Employee Shares Offered	24,000 (0.38%)

Shareholding Pattern

Shareholding Pre Issue (Promoters)	99.73%
Shareholding Post Issue (Promoters)	73.22%