
Business Services / Management · BSE
Incorporated in 1985 and headquartered in Kolkata, NIS Management Limited is engaged in the business of security and facility management. The company provides a wide range of services such as manned guarding, electronic surveillance, facility management, payroll processing, and housekeeping. Over the years, NIS has grown significantly, evolving from a small five-person operation in 1985 into a prominent player in the security services industry. Today, it has a workforce of around 16,490 employees, including contract labor, and operates across 14 states with more than 600 clients. The company has also established 14 branches strategically located to ensure efficient service delivery in diverse regions. Its offerings include security services such as round-the-clock vigilance, night patrol, fire and safety training, and help desk operations; integrated facility management, which consolidates various contracts and strategies into one system for improved communication, efficiency, and oversight; and housekeeping services, which cover employee database management, attendance tracking, leave and overtime records, payroll processing, and HR-related tasks for new recruits. NIS remains committed to delivering exceptional, locally tailored services with strong operational standards.
Price Band
₹105 – ₹111
Issue Size
₹60.01 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹111
at current GMP
Subscribed
3.23x
overall
Open
25 Aug 2025
Close
28 Aug 2025
Allotment
29 Aug 2025
Refund
30 Aug 2025
Demat Credit
31 Aug 2025
Listing
2 Sep 2025
Overall Subscription
3.23x
Total Demand
QIB Multiplier
2.12x
Institutions & Funds
NII / HNI
9.57x
High Net-Worth
Retail (RII)
1.10x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,008,000 | 2,133,600 | 2.12x |
| NIB | 774,000 | 7,408,800 | 9.57x |
| HNIs(10L +) | 516,000 | 6,979,200 | 13.53x |
| HNIs (2-10L) | 258,000 | 429,600 | 1.67x |
| RETAIL | 1,788,000 | 1,972,800 | 1.10x |
| Total | 4,344,000 | 18,924,000 | 3.23x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 7 | 0.00x |
| NIB | — | 691 | 0.00x |
| RETAIL | 745 | 822 | 1.10x |
| HNIs(10L +) | 143 | 619 | 4.33x |
| HNIs (2-10L) | 72 | 72 | 1.00x |
| Total Applications | 960 | 2,211 | 2.30x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
NIS Management Limited is bringing an initial public offering (IPO) in the Business Services / Management sector with an aggregate issue size of ₹60.01 Crores. The shares are offered at a price band of ₹105 to ₹111 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-28, the basis of allotment is scheduled to be finalized on 2025-08-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Pvt.Ltd) or the BSE allotment checking window.
Currently, NIS Management Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹105 to ₹111 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,33,200. Expected listing price is ₹111 per equity share.
The NIS Management Limited IPO aggregate issue size is ₹60.01 Crores with an equity price band set at ₹105 to ₹111 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,33,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.23x (Retail: 1.10x, QIB: 2.12x, NII: 9.57x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Pvt.Ltd) and the BSE status verification website on or around 2025-08-29. Investors can verify status using PAN card or application number.
NIS Management Limited shares are scheduled to list on BSE on 2025-09-02.