NIS Management Limited IPO

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NIS Management Limited, founded in 1985 in Kolkata, started as a security services provider and later transitioned into a corporate entity in 2006. Today, it offers a) integrated facility management, b) advanced electronic security solutions through its subsidiary and c) skill development programs via Keertika Academy, an NSDC-certified partner.

Core Revenue Streams

While the company offers multiple services, its primary revenue contributors are:

a) Security Services

b) Housekeeping Services

c) Integrated Facility Management

These core segments highlight the company’s focus on operational efficiency and client satisfaction.

Growth and Performance

NIS Management Limited has consistently maintained a growth trajectory, with a CAGR of 10–13% annually. The company serves a wide range of clients, including Reliance Retail, Piramal Group, HDFC Bank, Torrent Power, major airports, and government institutions.

Currently, NIS operates through 14 strategically located branches across India, enabling it to meet regional demands effectively and deliver high operational standards.

Competitive Strengths

i) Regional Reach – Strong network across key states ensures manpower availability.
ii) Lean Structure – Efficient 129:1 core-to-associate ratio enables scalable growth.
iii) Tech Integration – Mobile and QR systems boost transparency and accountability.
iv) Skill Development – NSDC-certified training ensures a professional workforce.
v) Client Trust – Long-standing relationships with marquee clients ensure stability

Objects of the NIS Management Limited IPO:

The Offer Proceeds from the Fresh Issue will be utilized towards the following objects: 1. To Meeting Working Capital Requirements (₹40 cr) 2. General Corporate Purposes.

NIS Management Limited IPO Details:

Open Date: Aug 25 2025
Close Date: Aug 28 2025
Total Shares: 54,06,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 60.01 Cr.
Lot Size: 1200 Shares
Issue Price: ₹ 105-111 Per Equity Share
Listing At: BSE SME

Promoters And Management:

1. Mr. Debajit Choudhury, aged 61 years, is the Promoter and Managing Director of the Company. With over three decades of experience, he has advised leading Security & Facility Management firms on electronic surveillance and access control projects. He also serves as a visiting faculty at Eastern India’s only Government-recognized Security Guard Training Academy and is an active member of Rotary International, RCGC, CAPSI, and APDI. 2. Ms. Rina Choudhury, aged 54 years, is the Promoter and Executive Director of the Company. She has been associated with NIS Management since 1997. She completed her Bachelor’s degree with Honours in English from the University of Calcutta in 1991, followed by a Master’s degree in Arts from the University of Calcutta in 1993. 3. Mr. Kamalesh Mukherjee, aged 63 years, is a Non-Executive Director of the Company. He brings over 25 years of expertise in Corporate Planning and Finance, with past associations at PwC, Tata, and the LN Mittal Group, alongside entrepreneurial experience across multiple industries.

Financials of NIS Management Limited IPO:

To be updated shortly

Comparison With Peers:

To be updated shortly

Lead Manager of NIS Management Limited IPO:

  1. Share India Capital Services Private Limited

Registrar of NIS Management Limited IPO:

  1. Maashitla Securities Pvt. Limited.

Discussion on NIS Management Limited IPO:

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