Nisus Finance IPO Allotment Status

Summary

Nisus Finance IPO closed with an overwhelming response from investors, recording a final subscription of 192.29 times as of 6:19:07 PM on 6th December 2024 (Day 3). The public issue garnered significant interest across all categories, led by the Non-Institutional Investors (NII) segment with an impressive 451.21 times subscription. The Retail category also demonstrated robust participation, achieving 139.78 times subscription, reflecting strong confidence from individual investors in the company's growth potential. With a total of 4,58,967 applications, this SME issue underscores substantial market confidence in the company’s business model and its prospects in the transaction advisory and fund management sector.

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How to Check Nisus Finance IPO Allotment Status on the Registrar's Site?

1. Visit the web portal of Skyline Financial Services Private Ltd (https://www.skylinerta.com/ipo.php)
2. From the dropdown, select Nisus Finance IPO
3. Choose any one of the following modes: PAN ID, Demat Account number, or Application number
4. Enter the information that is relevant to the mode you have chosen
5. For security purposes, fill out the captcha accurately
6.bClick on "Submit"

How to Check Nisus Finance IPO Allotment Status on BSE SME:

1. Visit the BSE SME website (https://www.bseindia.com/investors/appli_check.aspx)
2. Look for the section dedicated to IPO allotment status.
3. Choose "Nisus Finance Limited" from the dropdown menu.
4. Provide your application number and PAN ID.
5. Click on 'I am not a robot' and then select "Search" to view the allotment status.

How to Check IPO Allotment Status in a Bank Account:

1. Log into Your Internet Banking: Visit your bank’s website or mobile app and sign in.
2. Navigate to the IPO Section: Find the "IPO Services" or "Application Status" section.
3. Enter Required Information: Provide details such as your PAN, application number, or other identifiers.
4. Check Allotment Status: After submitting your details, the IPO allotment status showing the allocated shares should appear.
5. Verify the Status: To confirm accuracy, cross-check the status with the IPO Registrar or other available resources.

How to Check IPO Allotment Status in a Demat Account:

1. Open Your Demat Account and Log In: Access your Depository Participant (DP) via their mobile app or website.
2. Find the IPO Section: Navigate to the section labeled "IPO" or "Portfolio."
3. Check IPO Allotment Status: Confirm if the allotted shares appear in your Demat account.
4. Verify with the Registrar: If the IPO shares aren't visible, visit the Registrar's website and input your application details to check the allotment.
5. Reach Out to DP Service if Necessary: For any issues or discrepancies, contact your DP's customer service team.

Nisus Finance IPO Timeline:

Nisus Finance IPO Subscription Status

Nisus Finance IPO received 192.29 times subscription with 4,58,967 applications. By December 6, 2024 (Day 3), the detailed subscription status revealed a clear pattern of growing investor confidence:

Subscription Day 3 (December 6, 2024 )

Total Subscription: 192.29 times
QIB: 93.84 times (11,20,84,000 shares bid)
NII: 451.21 times (40,42,84,000 shares bid)
Retail investors: 139.78 times (29,23,11,200 shares bid)
Total Amount Subscribed: 14,556.61 crores
Application Distribution:
a. Retail: 3,65,443 applications
b. QIB: 89 applications
c. NII: 35,126 applications
d.Total: 4,58,967 applications
 

Subscription Day 2 (November 21, 2024)

Total Subscription: 20.30 times
QIB: 3.41 times
NII: 22.88 times
Retail investors:29.07 times

Subscription Day 1 (November 19, 2024)

Total Subscription:3.16 times
QIB: 2.89 times
NII: 2.22 times
Retail investors: 3.75 times

Nisus Finance IPO Details

Nisus Finance's initial public offering (IPO) is a fixed price issue of ₹114.24 crores. This offering consists of a fresh issue of 56.46 lakh shares aggregating to ₹101.62 crores and an offer for sale of 7.01 lakh shares aggregating to ₹12.61 crores.

The bidding process commenced on 4th December 2024 and will conclude on 6th December 2024. The allotment results are anticipated to be finalised on 9th December 2024. Furthermore, the shares of Nisus Finance are set to be listed on BSE SME, with a provisional listing date scheduled for 11th December 2024.

The price band is set between ₹170 to ₹180 per share. Investors must apply for a minimum lot size of 800 shares, which requires a minimum investment of ₹144,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (1,600 shares), totalling ₹288,000.

Beeline Capital Advisors Private Limited serves as the book running lead manager for the IPO, while Skyline Financial Services Private Ltd is designated as the registrar for this offering. Spread X Securities is the market maker for this offering.