NIS Management IPO GMP, Date, Price Band & Review

NIS Management Ltd IPO is set to be launched on the BSE SME between August 25-28, 2025, with a price band of Rs ₹105–₹111 per share. The lot size is 1,200 shares and minimum retail applications at the upper band would amount to around Rs 2.66 lakh at that level. The issue structure comprises both a fresh issue component to raise new capital as well as an offer for sale by existing shareholders. Listing is proposed on the BSE SME platform in early September 2025. It will be managed by Share India Capital Services Pvt. Ltd, while Maashitla Securities Pvt Ltd will act as Registrar during this IPO process.

Company Background

NIS Management Ltd., incorporated in 1985 in Kolkata, operates in the security and integrated facility management space. The company began as National Investigation & Security and, over the years, expanded into a full-service provider offering manned guarding, electronic security solutions and facility management services. It has multi-state operations with a strong base in eastern India and services a wide set of sectors, including corporates, infrastructure, healthcare, retail and government-linked institutions. The company focuses on compliance, training and technology-led service quality.

Operations & Product Range

Facility & Production

The company’s core operations include manned guarding (armed and unarmed), access control, surveillance monitoring and quick response. On the facility side, it provides housekeeping, pantry services, pest control, facade cleaning, technical maintenance & engineering support and fire & safety training. NIS uses layered supervision, standardized processes and digital tools for deployment, attendance, payroll and statutory compliance across client sites. It has demonstrated capability to mobilize large teams at complex sites such as airports and public infrastructure and it has executed sizable assignments in recent periods, including airport facility management and state department surveillance projects.

Brands & Market Presence

NIS Management has built brand recall through its long operating history and consistent delivery. It is recognised strongly in eastern India and services pan-India clients through regional branches. Training-oriented group entities and technology platforms for workforce management help maintain quality, compliance and client satisfaction, supporting repeat business across diversified sectors.

Revenue Channels

• Security services: provide guarding, access control, patrolling, event security and response services.
• Electronic security and surveillance: CCTVs, access control systems, monitoring solutions and maintenance programs.
• Facility management: housekeeping, pantry management, pest control services, facade cleaning services and technical/engineering maintenance, technical/engineering maintenance as well as fire & safety support services.
• Payroll/process services and investigation/due diligence assignments related to manpower deployment.

Management & Shareholding

Promoters & Shareholding

The promoter group comprises experienced security and facility management professionals led by Mr. Debajit Choudhury, with family promoters also participating. Promoters' shareholding stood at 95.99% before its initial public offering (IPO). Once issued, shares will reduce to 69.56% post IPO.

Board Members

The board consists of executives with operations and compliance experience as well as independent directors possessing governance and finance knowledge.