Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 72 (28.6%)ASK Investment₹ 895 (-3.2%)AVPL ₹ 49 (0%)Bootes Impex₹ 775 (-8.8%)CIAL ₹ 442 (-0.5%)CSK ₹ 254 (-3.1%)ESDS Software₹ 478 (2.8%)Garuda Aerospace₹ 468 (-2.1%)Goodluck Defence₹ 385 (16%)Hero Motors₹ 325 (0%)Hinduja Leyland₹ 248 (0%)ICL Fincorp₹ 25 (0%)Incred Holdings₹ 154 (2.7%)Kineco Limited₹ 3285 (0%)Lava ₹ 60 (15.4%)Market Simplified₹ 26 (-7.1%)Matrix Gas₹ 12 (-20%)Motilal Oswal₹ 12.25 (-2%)MSEI ₹ 6.35 (-2.3%)NCDEX ₹ 368 (-1.6%)NSE ₹ 1985 (-2%)Onix Renewable₹ 68 (21.4%)OYO ₹ 23 (-4.2%)OYO Assets₹ 9.25 (-7%)Philips India₹ 1250 (0%)Polymatech Electronics₹ 56 (-3.4%)SBI Mutual₹ 768 (-0.9%)Taparia Tools₹ 6050 (0%)VCI Chemical₹ 64 (0%)Zepto ₹ 40 (-4.8%)

15 Days Price Change

Nis Management IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2006 Industry: Professional Services Listed Page

Profile
Issue Size 43.29 Cr
Profile
Price Range 105  to  111 per share
Profile
Min Investment ₹111
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Founded in Kolkata in 1985 by Mr. Debajit Choudhury as a sole proprietorship, NIS Management Limited commencedoperations with a primary emphasis on delivering security guards and investigative services. Over time, the companyexpanded its portfolio, securing significant contracts including prominent with esteemed organizations and other majorcorporate entities. In the mid-1990s, Mrs. Rina Choudhury joined the enterprise following her marriage to Mr. DebajitChoudhury. Subsequently, they became the promoters of the company, culminating in its conversion to a corporate entity in2006 Read More

Basic Info

Face Value 10 per share

Price 105  to  111 per share

P/E (x) 9

Sales( Cr.) 402

PAT( Cr.) 19

EPS 12.4

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Debajit Choudhury Rina Choudhury Susmita Mukherjee Debahuti Chatterjee Nita Dey

Pre Issue Share Holding 95.99%

Post Issue Share Holding 69.63%

Listing Details:

Listing Price: 108

Listing Gain: -2.78%

Current Price: 52.7

Gain On Issue: 52.7 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 25, 2025
Closing Date Aug 28, 2025
Allotment Aug 29, 2025
Refund Sep 01, 2025
Delivery of Shares Sep 01, 2025
Listing Date Sep 02, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2400 266,400
Retail (Max) -- -- --
S-HNI (Min) 1 2400 266,400
S-HNI (Max) 3 7200 799,200
B-HNI (Min) 4 9600 1,065,600

Objective of the Issue

• To Meeting Working Capital Requirements for the Company.• General Corporate Purposes.

Issue

Category Nos Bid Bid (x)
QIB 1008000 2133600 2.1x
NII 1104000 7408800 6.7x
Retail 1788000 1972800 1.1x
EMP 0 0 0x
Total 3900000 11515200 3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Nis Management Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 291 311 263 294 341 378 402
Other Income 1 1 1 1 1 2 3
Total Income 292 312 264 295 342 380 405
Total Expenditure 265 281 242 268 312 346 375
Operating Profit 27 31 22 27 30 34 30
Interest 6 8 7 7 8 10 9
Depreciation 3 3 3 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 18 20 12 18 20 22 19
Provision for Tax 6 6 4 5 4 4 0
Profit After Tax 12 14 8 13 16 18 19
Adjustments 0 0 0 -0 -0 -0 -0
Profit After Adjustments 12 14 8 13 16 18 19
Adjusted Earnings Per Share 8.3 9.9 5.7 9.1 11.1 12.6 12.3

Nis Management Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 63 77 85 99 115 134 152
Minority's Interest -0 -0 -0 -0 -0 -0 -0
Borrowings 17 16 15 25 23 15 8
Other Non-Current Liabilities -0 -0 -1 -0 -0 -0 -0
Total Current Liabilities 107 99 84 91 88 99 95
Total Liabilities 187 192 184 213 225 247 255
Fixed Assets 20 21 18 19 21 20 24
Other Non-Current Assets 2 2 2 11 11 11 12
Total Current Assets 165 169 163 183 193 216 219
Total Assets 187 192 184 213 225 247 255

Nis Management Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 17 40 31 18 23 23 32
Cash Flow from Operating Activities 23 -1 3 -3 11 12 15
Cash Flow from Investing Activities -9 -3 -1 -2 -3 1 -6
Cash Flow from Financing Activities 9 -5 -9 9 -8 -5 -16
Net Cash Inflow / Outflow 23 -9 -7 5 1 8 -7
Closing Cash & Cash Equivalent 40 31 24 23 23 32 25

Nis Management Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 8.33 9.86 5.7 9.1 11.09 12.63 12.33
CEPS(Rs) 10.1 11.97 7.56 10.54 12.35 13.69 13.86
DPS(Rs) 0 0 0 0 0 0 0
Book NAV/Share(Rs) 43.19 53.05 58.71 67.82 78.9 91.53 100.59
Core EBITDA Margin(%) 9.09 9.62 8.04 8.89 8.44 8.35 6.65
EBIT Margin(%) 8.43 9 7.46 8.55 8.28 8.49 6.86
Pre Tax Margin(%) 6.3 6.54 4.66 6.15 5.81 5.89 4.67
PAT Margin (%) 4.16 4.62 3.12 4.5 4.74 4.87 4.64
Cash Profit Margin (%) 5.05 5.61 4.19 5.22 5.28 5.27 5.22
ROA(%) 6.48 7.57 4.36 6.67 7.36 7.79 7.45
ROE(%) 19.29 20.49 10.08 14.39 15.12 14.83 13.08
ROCE(%) 18.14 19.61 12.8 14.72 14.55 15.04 11.98
Receivable days 107.08 107.81 131.34 122.72 115.82 111.53 112.32
Inventory Days 4.23 3.56 4.16 4.18 2.32 0.79 1.13
Payable days 145.2 122.87 276.23 147.09 90.58 131.95 249.8
PER(x) 0 0 0 0 0 0 0
Price/Book(x) 0 0 0 0 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0
EV/Net Sales(x) 0.14 0.16 0.21 0.24 0.21 0.18 0.18
EV/Core EBITDA(x) 1.48 1.58 2.43 2.62 2.37 1.99 2.48
Net Sales Growth(%) 0 6.61 -15.46 11.99 15.8 10.96 6.4
EBIT Growth(%) 0 13.91 -29.93 28.36 12.08 13.77 -14.01
PAT Growth(%) 0 18.39 -42.89 61.65 21.82 13.93 1.56
EPS Growth(%) 0 18.36 -42.23 59.73 21.81 13.87 -2.34
Debt/Equity(x) 1.15 0.94 0.83 0.88 0.76 0.68 0.55
Current Ratio(x) 1.54 1.7 1.94 2.02 2.2 2.18 2.3
Quick Ratio(x) 1.51 1.68 1.9 1.98 2.19 2.17 2.28
Interest Cover(x) 3.96 3.65 2.66 3.56 3.36 3.26 3.14
Total Debt/Mcap(x) 0 0 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 6% 11% 5% 0%
Operating Profit CAGR -12% 4% -1% 0%
PAT CAGR 6% 13% 6% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 13% 14% 14% 15%
ROCE Average 12% 14% 14% 15%

Company Contact Information

Nis Management Ltd.

Ramyani Chatterjee

91-9836205111

info@nis.co.in

1st Floor, Fl-1 A (W) 489 Madurdaha Kalikapur

IPO Lead Manager(s)

Nis Management Ltd.

Share India Capital Services Pvt Ltd.

Registrar Info

Nis Management Ltd.

Maashitla Securities Pvt Ltd.

451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi – 110034

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Error!