Nisus Finance Services IPO GMP Review: All You Need to Know
The Nisus Finance Services IPO has garnered significant attention in the market, with its Grey Market Premium (GMP) indicating a strong investor buzz. In this article, we delve into the key details of the IPO, its GMP, subscription timeline, and whether it could be a lucrative investment opportunity for you.
What is Nisus Finance Services IPO GMP?
The Grey Market Premium (GMP) is an unofficial indicator of the demand and potential listing gains of an IPO. For the Nisus Finance Services IPO, the GMP has remained strong, reflecting investor confidence in the company’s growth prospects and valuation.
Currently, the GMP for Nisus Finance Services IPO is trading at ₹30–₹35, suggesting a potential premium of over 16% above the upper price band of ₹180. This reflects robust enthusiasm among retail and HNI investors.
Key Details About Nisus Finance Services IPO:
| Details | Key Highlights |
| IPO Dates | Opens: December 4, 2024; Closes: December 6, 2024 |
| IPO Price Band | ₹170–₹180 per share |
| Minimum Investment | ₹144,000 (800 shares per lot) |
| IPO Size | ₹114.24 crore |
| Fresh Issue | ₹101.62 crore (56.46 lakh shares) |
| Offer for Sale (OFS) | ₹12.61 crore (7.01 lakh shares) |
| Listing Platform | BSE SME |
| Listing Date (Tentative) | December 11, 2024 |
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Nisus Finance Services IPO GMP Price Analysis:
The GMP for the Nisus Finance Services IPO signals strong market confidence. Here’s why:
- Growing Financials:
- Revenue grew by 266.16% YoY in FY2024.
- PAT surged by 663.29%, highlighting profitability.
- Asset Growth:
- Total assets increased from ₹2,077.43 crore in FY2022 to ₹5,835.66 crore in Q1 FY2024.
- Strategic Business Segments:
- Transaction advisory services and fund management are poised to benefit from increased real estate and infrastructure investment activity.
To learn more about Grey Market Premiums, check our in-depth guide: IPO Grey Market Premium Explained.
Should You Invest in Nisus Finance Services IPO?
Competitive Strengths:
- A diversified business model with strong brand credibility.
- Proven ability to adapt to market trends.
- Robust governance and risk management frameworks.
Potential Risks:
- High dependence on the real estate and infrastructure sectors.
- Relatively small scale compared to peers in the financial services space.
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Nisus Finance Services IPO Subscription Timeline:
| Event | Date |
| Opening Date | December 4, 2024 |
| Closing Date | December 6, 2024 |
| Allotment Date | December 9, 2024 |
| Refund Initiation | December 10, 2024 |
| Demat Credit | December 10, 2024 |
| Listing Date | December 11, 2024 |
FAQs On Nisus Finance Services IPO:
1. What is the GMP for Nisus Finance Services IPO?
The Grey Market Premium for Nisus Finance Services IPO is trading at ₹30–₹35, indicating potential listing gains of around 16–20%.
2. What is the price band for Nisus Finance Services IPO?
The price band is set at ₹170 to ₹180 per share.
3. How many shares can retail investors apply for?
Retail investors can apply for a minimum of 800 shares, amounting to ₹144,000.
4. When is the listing date for Nisus Finance Services IPO?
The IPO is expected to list on December 11, 2024, on the BSE SME platform.
5. Is it safe to invest in Nisus Finance Services IPO?
While the company has shown strong financial growth and market potential, investors should assess the risks related to its industry exposure and size before investing.
Conclusion
The Nisus Finance Services IPO offers investors a promising opportunity with its strong financial performance and diversified business model. The high GMP reflects positive sentiment, making it a noteworthy SME IPO to watch out for in December 2024.
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