Nisus Finance Services had a strong stock market debut on December 11, listing at ₹225 on the BSE SME platform. This marked a 25% premium over its issue price of ₹180 per share, reflecting positive investor sentiment and a solid market entry.
The Nisus Finance Services IPO witnessed impressive demand, achieving a remarkable subscription rate of 192 times, highlighting strong investor interest and confidence in the company’s potential and growth prospects within the financial services sector.
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Nisus Finance Services Co Limited, founded by Amit and Mridula Goenka, specializes in Transaction Advisory and Fund & Asset Management under the “NiFCO” brand, focusing on real estate financing. With over INR 1000 crore in AUM (FY 2024), the company uses market insights to enhance brand presence and expand its client base, planning further fundraising in India, Dubai, and GIFT City.
Nisus Finance Services aims to expand fund infrastructure, cover fundraising costs, strengthen global distribution, invest in Nisus Fincorp to enhance capital base, and support corporate growth through strategic initiatives and general expenses.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.