Current Infraprojects IPO...
20 Aug, 2025
NIS Management IPO
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.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
NIS Management IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
NIS Management IPO Details
| Detail | Description |
|---|---|
| IPO Date | August 25, 2025 to August 28, 2025 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Issue Price Band | ₹105 to ₹111 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 54,06,000 shares (aggregating up to ₹60.01 Cr) |
| Reserved for Market Maker | 3,30,000 shares (aggregating up to ₹3.66 Cr) Share India Securities Ltd. |
| Fresh Issue (Ex Market Maker) | 43,32,000 shares (aggregating up to ₹48.09 Cr) |
| Offer for Sale | 7,44,000 shares of ₹10 (aggregating up to ₹8.26 Cr) |
| Net Offered to Public | 50,76,000 shares (aggregating up to ₹56.34 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,51,38,094 shares |
| Share Holding Post Issue | 1,98,00,094 shares |
NIS Management IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Mon, Aug 25, 2025 |
| IPO Close Date | Thu, Aug 28, 2025 |
| Tentative Allotment | Fri, Aug 29, 2025 |
| Initiation of Refunds | Mon, Sep 1, 2025 |
| Credit of Shares to Demat | Mon, Sep 1, 2025 |
| Tentative Listing Date | Tue, Sep 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 28, 2025 |
NIS Management IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,66,400 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,66,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,99,600 |
| S-HNI (Max) | 7 | 8,400 | ₹9,32,400 |
| B-HNI (Min) | 8 | 9,600 | ₹10,65,600 |
NIS Management IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 95.99% |
| Share Holding Post Issue | 69.63% |
Competitive Strength:
- ● Long operating track record since 1985 with multi-state presence
- ● Diversified services across security, electronic surveillance and facility management
- ● Training ecosystem and tech-enabled monitoring for quality and compliance
- ● Experience in executing large institutional/government and infrastructure contracts
- ● Increased Client Base With Repeat Business.
NIS Management IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2024 | 247.44 | 380.06 | 18.4 | 132.96 | 91.11v | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 226 | 342 | 16 | 115 | 87.22 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 213.75 | 295.26 | 13.25 | 98.41 | 86.79 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 12.15 | 9 |
| P/E (x) | 9.13 | 12 |
Objectives of NIS Management IPO
- Funding working capital to support growth and project execution cycles
- General corporate purposes, including strengthening the balance sheet, technology and operations
- Investments in training, compliance systems and regional expansion
Conclusion
NIS Management Ltd provides an integrated security and facility management solution, featuring decades of operating history combined with nationwide delivery, workforce quality training support, technology controls and technology-led controls. Their experience with large government infrastructure assignments demonstrates execution strength under strict regulatory environments. NIS Management IPO provides an opportunity to invest in this growing sector.
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Frequently asked Questions (FAQs )
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1. What are the NIS Management IPO dates and price band?
The IPO opens on August 25, 2025 and closes on August 28, 2025. The price band is ₹105–₹111 per share.
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2. What is the lot size and minimum retail investment?
The lot size is 1,200 shares. The typical retail minimum is 2 lots (2,400 shares), which is about ₹2.66 lakh at the upper band.
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3. Where will the IPO list?
The listing is proposed on the BSE SME platform in early September 2025.
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4. What does NIS Management do?
The company provides integrated security and facility management services, including manned guarding, electronic surveillance and systems, housekeeping, pantry, pest control, technical maintenance and safety support, plus payroll/process services.
