Upcoming IPO: Nisus Finance Services files DRHP to launch BSE SME IPO. Details here

  • Upcoming IPO: For the period ended 31st January 2024, the SME company reported revenue of 3,077.21 Lakhs and EBITDA of 2,459.95 Lakhs & PAT of 1,687.96 Lakhs

Asit Manohar
Published17 Aug 2024, 03:08 PM IST
Advertisement
Upcoming IPO: The NBFC has filed DRHP at BSE to launch an SME IPO.(Photo: iStock)

Upcoming IPO: Nisus Finance Services Co Limited has filed a Draft Red Herring Prospectus (DRHP) to launch its initial public offering (IPO). The company filed its DRHP at BSE, which means the NBFC aims to launch a BSE SME IPO. The upcoming IPO consists of equity shares with a face value of 10, of which 57,80,000 are a fresh issue and 7,20,000 equity shares are offered as part of an Offer for Sale (OFS).

The NBFC aims to enhance fund setup, obtain additional licenses, and improve facility and fund management infrastructure in vital financial hubs like IFSC-Gift City, DIFC-Dubai, and FSC-Mauritius. It also plans to cover fundraising costs and placement fees for domestic and international markets, invest in its Associate Company, Nisus Fincorp Private Limited, boost its capital base, and address general corporate purposes.

Advertisement

Financials of upcoming IPO

For the period ended 31st January 2024, the company reported revenue of 3,077.21 Lakhs and EBITDA of 2,459.95 Lakhs & PAT of 1,687.96 Lakhs.

With a decade-long presence in India and managing assets worth approximately 1000 Crore as of FY 2024, Nisus Finance leverages local market knowledge and proprietary data to deliver superior solutions. The company's strategic execution and industry insights underpin its reputation as a trusted partner in the financial sector.

Nisus Finance Services Co Limited, promoted by industry veteran Mr. Amit Anil Goenka, specializes in urban infrastructure financing and private capital market transactions. Operating under the "Nisus Finance Group" or "NiFCO" brand, it has emerged over the past ten years as an "Excellent" rated fund manager by CareEdge Ratings, focusing on diversified AIF Funds and asset Management.

Advertisement

Nisus Finance's Group includes subsidiaries, namely Nisus BCD Advisors LLP, Nisus Finance & Investment Managers LLP, Nisus Finance International Advisors IFSC LLP, and Nisus Finance Investment Consultancy FZCO, an associate company,mely Dalmia Nisus Finance Investment Managers, LLP, which are engaged in Real Estate urban infrastructure fundFund and Asset Management. Nisus Fincorp Private Limited is a Non-Banking Finance Company (NBFC) focused on SME financing.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
First Published:17 Aug 2024, 03:08 PM IST
Business NewsMarketsIPOUpcoming IPO: Nisus Finance Services files DRHP to launch BSE SME IPO. Details here
OPEN IN APP
Read Next Story
HomeMarketsPremiumInstant LoanMint Shorts