Upcoming IPO: Nisus Finance Services files DRHP

Nisus Finance Services Co Limited is planning to enter the primary market with an IPO. The company has filed a Draft Red Herring Prospectus (DRHP) to launch its initial public offering (IPO) with BSE SME.

The upcoming IPO consists of equity shares with a face value of Rs 10, of which 57,80,000 are a fresh issue and 7,20,000 equity shares are offered as part of an Offer for Sale (OFS).

The company, which specializes in urban infrastructure financing and private capital market transactions, aims to enhance fund setup, obtain additional licenses, and improve facility and fund management infrastructure in vital financial hubs like IFSC-Gift City, DIFC-Dubai, and FSC-Mauritius. 

For the period ended January 31 2024, the company reported revenue of Rs 3,077.21 lakh and EBITDA of Rs 2,459.95 lakh and PAT of Rs 1,687.96 lakh.