Avoid the Nisus Finance Services IPO: What You Should Know First

Finance Services IPO: Key Investment Guide You Needl

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Learn about the Nisus Finance Services IPO. Find details on price, share structure, key dates, and how to apply. Get answers to common investor questions.

Nisus Finance Services IPO: Full Investment Breakdown

The Nisus Finance Services IPO opens on December 4, 2024. It offers investors a chance to invest in a growing financial company. It plans to raise ₹114.24 crore by offering 63.46 lakh shares. Here’s a detailed look at the IPO, how to apply, and why it is worth your investment.

What Is the Nisus Finance Services IPO?

The IPO is an initial public offering by Nisus Finance Services. This company is a financial services provider. It focuses on real estate finance and capital markets. This IPO aims to fund expansion, licensing, and investments in subsidiaries.

Key IPO Details

• IPO Dates: December 4–December 6, 2024
• Price Band: ₹170–₹180 per share
• Total Shares Offered: 63.46 lakh
  • New Shares: 56.45 lakh
  • OFS (Offer for Sale): 7 lakh
• Lot Size: 800 shares (₹136,000 at upper price band)
• Listing Platform: BSE SME

Why Invest in Nisus Finance Services IPO?

Nisus Finance Services has a strong financial history and operates in high-demand sectors. Here’s why this IPO is attractive:

• Revenue Growth: FY 2023-24 revenue was ₹242.13 crore.
• Profitability: FY 2023-24 profit was ₹22.87 crore.
• Asset Management: Managing assets worth ₹21,012 crore.
• Industry Potential: Growing demand for real estate finance and capital market services.

How Will IPO Funds Be Used?

The funds raised will be used to strengthen the company’s market position and expand its operations.

1. Infrastructure Expansion:
   • Developing business hubs in Gift City (India), Dubai, and Mauritius.
2. Licenses & Compliance:
   • Acquiring new licenses to expand market reach.
3. Investment in Subsidiaries:
   • Funding for Nisus Fincorp, its key subsidiary.
4. Corporate Expenses:
   • Covering IPO-related costs and general business needs.

How to Apply for the Nisus Finance Services IPO

Follow these simple steps to apply:

1. Log in to your online brokerage account (Zerodha, Groww, etc.).
2. Select “Nisus Finance Services IPO” from the IPO list.
3. Enter the number of shares within the price band (₹170–₹180).
4. Submit the application and make the payment.

Common Investor Questions

1. What is the price band for the Nisus Finance Services IPO?

The price band is set between ₹170 and ₹180 per share.

2. What is the IPO’s minimum investment?

The least investment is ₹136,000, which is one lot (800 shares).

3. When will the allotment be announced?

The allotment will be finalized on December 9, 2024.

4. What is the GMP (Grey Market Premium)?

As of now, the GMP is ₹232, indicating strong market demand.

5. When will the shares be listed?

The shares will be listed on December 11, 2024, on the BSE SME.

FAQs About Nisus Finance Services IPO

Q: Is Nisus Finance Services IPO a good investment?
A: Yes, if you are interested in real estate financing and capital markets, it offers growth potential.

Q: How can I check the IPO allotment status?
A: Visit the registrar’s website, Skyline Financial Services, and enter your PAN or application number.

Q: Can I revise my IPO application after submission?
A: Yes, you can revise or cancel the application within the IPO subscription period.

Conclusion: Should You Invest in Nisus Finance Services IPO?

The Nisus Finance Services IPO offers a strong investment opportunity in a growing financial sector. The company has a clear growth strategy. It shows proven financial performance. Additionally, there is increasing market demand. It is a valuable addition to your portfolio.

Important Dates to Remember:

• IPO Opens: December 4, 2024
• IPO Closes: December 6, 2024
• Allotment Date: December 9, 2024
• Listing Date: December 11, 2024

Don’t miss this chance to invest in a dynamic financial services company.

Mark your calendar and apply early!