NIS Management Shares Make a Weak Debut on BSE, List at 2.7% Discount
NIS Management Ltd., which launched its Initial Public Offering (IPO) on August 25, 2025, made its debut on the BSE on September 2, 2025. The shares of NIS Management Ltd made a weak debut, listing at a discount on the BSE SME platform.
The shares opened at ₹108 on the BSE, representing a 2.7% discount over the IPO's upper price band of ₹111. Ahead of its listing, the Grey Market Premium of NIS Management Ltd stood at ₹0, indicating a flat listing.
NIS Management IPO Overall Subscription Status
(August 28, 2025, end of the day)
On Day 3, the NIS Management IPO was subscribed 3.13 times. The public issue was subscribed 1.10 times in the individual investors category, 2.12 times in the QIB category, and 9.15 times in the NII category.
NIS Management IPO Details
NIS Management IPO was a bookbuilding of ₹60.01 crores. The issue was a combination of a fresh issue of 0.47 crore shares, aggregating to ₹51.75 crores, and an offer for sale of 0.07 crore shares, aggregating to ₹8.26 crores.
The issue price band was set at ₹105 to ₹111 per share. The minimum lot size for an application was 1200, and the minimum investment amount for retail individual investors (RII) was ₹2,66,400.00 (2,400 shares) based on the upper price band of ₹111 per share.
Share India Capital Services Pvt.Ltd was the book running lead manager, and Maashitla Securities Pvt.Ltd was the registrar of the issue. The market maker of the company was Share India Securities Ltd.
About NIS Management Ltd
NIS Management Ltd, established in 1985 and headquartered in Kolkata, is a trusted provider of security and facility management services. The company offers a wide range of services, including manned guarding, electronic surveillance, integrated facility management, housekeeping, payroll processing, and skill development training via its academy subsidiary.
In FY25, NIS Management Ltd reported a revenue of ₹405.33 crore, compared to ₹380.06 crore in FY24, along with a net profit of ₹18.67 crore.
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