NIS Management IPO

About NIS Management IPO

NIS Management IPO is a book-built issue worth ₹60.01 crore. The IPO is a combination of a fresh issue of 0.47 crore shares aggregating to ₹51.75 crore and an offer for sale of 0.07 crore shares aggregating to ₹8.26 crore. The IPO opens for subscription on August 25, 2025, and closes on August 28, 2025. The allotment is expected to be finalised on August 29, 2025, with tentative listing on BSE SME scheduled for September 2, 2025.

The IPO is priced in a band of ₹105 – ₹111 per share. Retail investors must apply for a minimum of 2 lots comprising 2,400 shares, requiring an investment of ₹2,66,400 at the cutoff price. HNI investors must apply for a minimum of 3 lots (3,600 shares), amounting to ₹3,99,600.

Share India Capital Services Private Limited is the book-running lead manager to the issue, while Maashitla Securities Private Limited is the registrar. Share India Securities Ltd. is acting as the market maker for the IPO.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the NIS Management IPO RHP.

Industry Outlook

1. India’s private security and facility management industry is undergoing a significant transformation, driven by rising urbanisation, increasing safety concerns, and the growing demand for outsourced services across sectors. The market is being shaped by technological advancements such as artificial intelligence, biometrics, and drone surveillance, which are redefining traditional security paradigms and enhancing operational efficiency.
2. The facility management services sector is witnessing robust expansion, particularly in healthcare, infrastructure, and retail, where outsourcing of non-core functions is becoming the norm. This shift is enabling organisations to focus on their core competencies while ensuring professional upkeep of their premises. The Indian outsourced integrated facility management market was valued at ₹980.8 billion in FY 2023 and is projected to grow at a CAGR of 14.6% to reach ₹1,935.88 billion by FY 2028. Similarly, the staffing and payroll management services market is expected to grow at a CAGR of 20.1%, reflecting strong demand for flexible workforce solutions.
3. The private security services segment, valued at ₹1,500 billion in FY 2023, is also poised for rapid growth, with a projected CAGR of 20.0% over the same period. This growth is underpinned by heightened geopolitical tensions, increased crime rates, and the need for asset and personnel protection in both public and private sectors.
4. Despite the promising outlook, the industry remains fragmented, with a mix of organised and unorganised players. Larger firms benefit from economies of scale and access to advanced technologies, while smaller operators often compete on cost. Industry consolidation is expected to intensify competition, with strategic partnerships and service diversification emerging as key differentiators.

NIS Management IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Augment working capital reserves to support the company’s expanding operations across its core verticals, security services, facility management, and vocational training. This will enable the business to meet increasing client demand, manage receivables more efficiently, and ensure uninterrupted service delivery across multiple states.
2. Invest in general corporate purposes, including administrative expenses, brand-building initiatives, and strategic business development. These investments are intended to enhance operational resilience, improve internal efficiencies, and support the company’s long-term growth trajectory.
3. Facilitate the listing of equity shares on the BSE SME platform, thereby improving corporate governance, increasing transparency, and fostering investor confidence. The listing is expected to provide liquidity to existing shareholders and establish a public market for the company’s shares.
4. Strengthen market positioning and visibility, enabling the company to pursue future expansion opportunities, attract strategic partnerships, and reinforce its reputation as a trusted provider of integrated manpower and security solutions.

About NIS Management Limited

NIS Management Limited was originally established as a sole proprietorship in Kolkata in 1985 by Mr Debajit Choudhury, with a primary focus on providing security guards and investigative services. The company was formally incorporated as NIS Management Private Limited on 23 March 2006 under the Companies Act, 1956, and subsequently converted into a public limited company on 27 June 2018.

Over the years, NIS Management has evolved into a diversified service provider, offering integrated solutions in security services, facility management, housekeeping, payroll administration, and event security. The company has built a strong reputation for operational excellence and client-centric service delivery, securing contracts with prestigious organisations such as Reliance Retail, Piramal Group, HDFC Bank, Torrent Power, and several airports and government institutions across India.

In its pursuit of innovation, the company expanded into electronic security services, initially supplying alarm systems to jewellery establishments. This vertical later developed into a wholly-owned subsidiary, NIS Facility Management Services Private Limited, which caters to state governments and public sector undertakings with comprehensive security and surveillance solutions.

Furthering its commitment to workforce development, NIS Management established Keertika Academy Private Limited, a recognised partner of the National Skill Development Corporation (NSDC). The academy plays a pivotal role in vocational training initiatives under flagship schemes such as DDU-GKY and PMKVY, contributing meaningfully to skill enhancement and employment generation.

How To Check the Allotment Status of the NIS Management IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for NIS Management IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the NIS Management IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of NIS Management IPO

Registered Office: 1st Floor, Flat 1A(W), 489 Madurdaha, Kalikapur, Kolkata – 700107, West Bengal, India.

Phone: +91 98362 05111
E-mail: info@nis.co.in
Website: www.nis.co.in