Nisus Finance Services Co Limited has filed a Draft Red Herring Prospectus (DRHP) to launch its Initial Public Offering (IPO). This upcoming IPO will be listed on the BSE’s SME platform.
IPO Structure
The IPO will include equity shares with a face value of ₹10. It consists of a fresh issue of 57,80,000 equity shares and an Offer for Sale (OFS) of 7,20,000 shares.
The company, a Non-Banking Financial Company (NBFC), plans to use the funds to expand its setup, get more licenses, and improve its facilities in key financial centres such as IFSC-Gift City in India, DIFC-Dubai, and FSC-Mauritius. The money raised will also help cover fundraising costs, invest in its associate company, Nisus Fincorp Private Limited, strengthen its capital, and take care of general corporate needs.
Financial Performance Overview
For the period ending 31st January 2024, Nisus Finance Services reported a revenue of ₹3,077.21 lakhs, an EBITDA of ₹2,459.95 lakhs, and a profit after tax (PAT) of ₹1,687.96 lakhs.
With a decade-long presence in India, Nisus Finance manages assets worth ₹1000 crore as of FY 2024. The company leverages its deep market knowledge and proprietary data to deliver quality solutions, positioning itself as a trusted partner in the financial industry.
Promoted by Amit Anil Goenka
Promoted by industry veteran Amit Anil Goenka, Nisus Finance specialises in urban infrastructure financing and private capital market transactions. Operating under the “Nisus Finance Group” or “NiFCO” brand, it has become a highly-rated fund manager by CareEdge Ratings, focusing on diversified AIF funds and asset management.
The Nisus Finance Group includes several subsidiaries, such as Nisus BCD Advisors LLP, Nisus Finance & Investment Managers LLP, Nisus Finance International Advisors IFSC LLP, and Nisus Finance Investment Consultancy FZCO. An associate company, Dalmia Nisus Finance Investment Managers LLP, is involved in real estate and urban infrastructure fund management, while Nisus Fincorp Private Limited focuses on SME financing.
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