NIS Management IPO Day 1: GMP, Subscription Status, Price Tire, Other Details of BSE SME IPO

NIS Management IPO: Kolkata-based security management company NIS Management’s initial public offer (IPO) was opened for public subscription on Monday, August 25 and will remain open until Thursday, August 28. The £ 60 Crore IPO combines a new edition of 46.62,000 shares and an offer for sale (or’s) of 7,44,000 shares. The company aims to raise around £ 52 crore from the new issue of shares, which it intends to meet working capital requirements and for general corporate purposes. NIS Management IPO subscription status By 11 o’clock on Monday, the problem saw an overall subscription of 0.14 times, with the retail section 0.03 times booked, and the segment reserved for NIIs to 0.58 times. Qib’s section was booked 0 times. NIS Management IPO details 1. NIS Management IPO GMP: According to market resources, the latest Gray Market Premium (GMP) of NIS Management shares £ 7. The latest GMP indicates that the stock can be listed at a 6 percent premium. 2. NIS Management IPO Date: The SME IPO was opened on Monday 25 August for subscription and will remain open until Thursday, August 28. NIS Management IPO Price: The public edition price tire is set at £ 105 to £ 111 a share. 4. NIS Management IPO size: The company plans to raise £ 52 crore from the new issue of shares, which it will use to meet working capital requirements and for general corporate purposes. The funds raised out of the sales shareholder, Debajit Choudhury. 5. Niche Management IPO -Lot size: Small investors can bid for a minimum and maximum of 2400 shares. 6. NIS Management IPO discussion: QIBs are presented most of the issue. They offered 25,14,000 shares (46.50 percent of the net edition). Retail investors come next, which is offered 17,88,000 shares, or 33.07 percent of the net expense. The company reserved 7,74,000 shares (14.32 percent of the net edition) for NIIS. 7. NIS Management IPO AT ATTENTION DATE: The company is expected to finalize the share award on Friday 29 August. Successful bidders can expect shares from the company on Monday, September 1, in their Demat accounts, and bidders who do not receive the award can get a refund on the same day. 8. NIS Management IPO Book-Right General Manager and Registrar: According to the Red Herring Prospectus (RHP) of the edition, Share India Capital Services is the book that Manager Manager Manager and Maashitla Securities is the Registrar of the Edition. 9. NIS Management IPO list: According to Sebi’s T+3 line of IPO listing, the IPO is proposed on Tuesday, September 2, 10 to list on the BSE. NIS Review of NIS management: According to the RHP, NIS management offers security and investigative services. The company’s profit for FY23 was £ 13.5 crore, which rose in FY24 to 15.6 crore. In FY25, the profit of the company was £ 15.23 crore. Operations for FY23 operations were £ 305.1 crore. It increased to £ 352.7 crore in FY24 and up to £ 373.9 crore in FY25. Read all IPO-related news here read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.