243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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NIS Management Limited

Kolkata

Date of DRHP : 29 Sep 2024

Issue Type : Book Building Process

IPO Type :
SME IPO

NIS Management Basic Details

   Human Resources and Manpower

Sub Sector: Providing electronic security services.

Exchange:
BSE Emerge

About the Company

Founded in Kolkata in 1985 by Mr. Debajit Choudhury as a sole proprietorship, NIS Management commenced operations with a primary emphasis on delivering security guards and investigative services. Over time, the company expanded its portfolio, securing significant contracts including prominent with esteemed organizations and other major corporate entities. In the mid-1990s, Mrs. Rina Choudhury joined the enterprise following her marriage to Mr. Debajit Choudhury. Subsequently, they became the promoters of NIS Management, culminating in its conversion to a corporate entity in 2006. Mrs. Rina Choudhury assumed leadership of the facility management division, securing notable contracts from esteemed hospitality groups such as the Taj Group and Oberoi Grand, among others. Presently, NIS Management Limited sustains a robust growth trajectory, achieving a Compound Annual Growth Rate (CAGR) ranging between 10% to 13% annually. The company boasts a diverse clientele encompassing esteemed organizations such as Reliance Retail, Piramal Group, HDFC Bank, Torrent Power, and several key airports and government institutions across India. In its evolution, the company expanded into electronic security services, initially providing alarm systems to jewelry stores. 
This segment eventually evolved into a distinct entity, NIS Facility Management Services Private Limited, a wholly-owned  subsidiary catering to state governments and Public Sector Undertakings (PSUs) with comprehensive security solutions. Concurrently, Keertika Academy Private Limited was established, focusing on initiatives aimed at skill development.  Recognized as a partner of the National Skill Development Corporation (NSDC), the academy has played a pivotal role in various vocational training programs under schemes like DDU-GKY and PMKVY, significantly contributing to workforce  empowerment and development. With a steadfast commitment to excellence and innovation, NIS Management Limited continues to fortify its position as a   leader in integrated security, facility management, and skill development services in India.

Financial Summary (Annualised Basis)

Revenue :
380.06 Cr.

PAT :
18.41 Cr.

NIS Management IPO Lead Manager(s)

Share India Capital Services Private Limited

NIS Management IPO Registrar

Maashitla Securities Private Limited

NIS Management DRHP Details

Objects of issue

  • To Meeting Working Capital Requirements for the Company
  • General Corporate Purposes

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FAQs

NIS Management operates in Human Resources and Manpower and Providing electronic security services.. The Issue would be listed on SME. The registrar of the Issue is Maashitla Securities Private Limited. The IPO type of NIS Management is Book Building Process and Object of issue is

  • To Meeting Working Capital Requirements for the Company
  • General Corporate Purposes

The DRHP (Draft Red Herring Prospectus) of NIS Management IPO was filed on 29 Sep 2024.

No, NIS Management IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of NIS Management are not available now. You can apply in NIS Management IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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