- Prominent investors, including Chhatisgarh Investments Limited, Negen Undiscovered Value Fund, Alpha Alternatives Financial Services Private Limited, Aarth AIF, NAV Capital VCC – NAV Capital Emerging Star Fund, Nexus Equity Growth Fund- Nexus Equity Growth Fund Sch-1, M7 Global Fund PCC- Nolana, Saint Capital Fund, Next Orbit Growth Fund III, Galaxy Noble Global Opportunities Fund PCC- Luna, and Ashika Global Securities Private Limited participated in the anchor book subscription
- The company raises ₹32.21 crore from the sale of 17,89,600 Equity Shares with a face value of ₹10 priced at ₹180 per share
- NIFCO intends to utilise net proceeds from the Issue to enhance fund setup, obtain additional licenses, and improve facility and fund management infrastructure in key financial hubs like IFSC-Gift City, DIFC-Dubai, and FSC-Mauritius. It also plans to cover fundraising costs and placement fees for domestic and international markets, invest in its Subsidiary Company Nisus Fincorp Private Limited to boost its capital base, and address general corporate purposes.
- Issue opens today, December 04, 2024, and closes on Friday, December 06, 2024
- Beeline Capital Advisors Private Limited is the Book Running Lead Manager, and Skyline Financial Services Private Limited is the Registrar to the offer
Mumbai, December 04, 2024: Nisus Finance Services Co Limited (“NIFCO” or “The Company”),
a company engaged in Transaction Advisory Services and Fund and Asset Management services, has successfully completed its Anchor book subscription, raising ₹32.21 crore through the sale of 17,89,600 Equity Shares priced at ₹180/- each. This calculated pricing highlights the strong investor confidence in the company’s prospects and its position in the market.
A group of marquee investors subscribed to the anchor book, including Chhatisgarh Investments Limited, Negen Undiscovered Value Fund, Alpha Alternatives Financial Services Private Limited, Aarth AIF, NAV Capital VCC – NAV Capital Emerging Star Fund, Nexus Equity Growth Fund- Nexus Equity Growth Fund Sch-1, M7 Global Fund PCC- Nolana, Saint Capital Fund, Next Orbit Growth Fund III, Galaxy Noble Global Opportunities Fund PCC- Luna, and Ashika Global Securities Private Limited.
The Mumbai-headquartered financial services company’s IPO opens for subscription today, December 04, and will conclude on Friday, December 06, 2024. Nisus Finance Services is looking to raise approximately ₹114.24 crore from the offering. The company intends to utilise net proceeds from the Issue to enhance fund setup, obtain additional licenses, and improve facility and fund management infrastructure in key financial hubs like IFSC-Gift City, DIFC-Dubai, and FSC-Mauritius. It also plans to cover fundraising costs and placement fees for domestic and international markets, invest in its Subsidiary Company Nisus Fincorp Private Limited to boost its capital base, and address general corporate purposes.
The price band of the offer is ₹170-180 per Equity Share with a face value of Rs. 10/- apiece. The company’s IPO comprises a fresh issue of 56,45,600 Equity Shares and an offer for sale of up to 7,00,800 Equity Shares with a face value of Rs. 10/- through the book-building route. The lot size of the offer is 800 Equity Shares. Beeline Capital Advisors Private Limited is the Book Running Lead Manager, and Skyline Financial Services Private Limited is the Registrar to the offer
The company has allotted 17.89 Lakh equity shares for the Anchor investors, 11.94 Lakh equity shares for the QIB portion, 8.96 Lakh equity shares allocated for the NIIs, 3.51 Lakh equity shares for Market Maker, 24,000 equity shares for its employees and the Retail (RII) portion accounts for 20.91 Lakh equity shares.
Nisus Finance Services Co Limited, promoted by Mr. Amit Anil Goenka and Mrs. Mridula Amit Goenka, specializes in real estate financing and capital markets, with over 15 years of experience. Operating under the “Nisus Finance Group” or “NiFCO” brand, the company focuses on Transaction Advisory Services and Fund & Asset Management.
The company’s network includes subsidiaries and associates like Nisus BCD Advisors LLP and Dalmia Nisus Finance Investment Managers LLP, managing Real Estate and Urban Infrastructure Fund and Asset Management operations. Additionally, Nisus Fincorp Private Limited functions as a Non-Banking Finance Company (NBFC) focused on financing.
With a decade-long presence in India and managing assets worth approximately ₹1,012 Crore as of FY 2024, Nisus Finance leverages local market knowledge and proprietary data to deliver superior solutions. The company’s strategic execution and industry insights underpin its reputation as a trusted partner in the financial sector.
For more information, please visit: https://nisusfin.com/
Disclaimer: NISUS FINANCE SERVICES CO LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the RHP with the BSE SME. The RHP is available on the website of BRLM and the website of BSE. Any potential investors should note that investment in equity shares involves a high degree of risk, and for details relating to the same, please refer to the RHP, including the section titled “Risk Factors”, beginning on page 28.
The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act) or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being issued and sold outside the United States in ‘offshore transactions in reliance on Regulation “S* under the Securities Act and the applicable laws of each jurisdiction where such issues and sales are made. There will be no public offering in the United States.
Media Contact:
| Name – Deepali Shah | Mobile Number – 9029557708 | Email Id – deepali@fortunapr.com |
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