NIS Management Share Price: Weak Stock Market Debut at ₹108 on BSE SME

Market Performance

NIS Management share price opened on a weak note in the stock market today, September 2, 2025. The stock debuted at ₹108 per share on the BSE SME platform, which is 2.7% lower than its issue price of ₹111.

Despite strong investor participation during the IPO, the listing failed to meet expectations on Day 1.

IPO Subscription Highlights

The NIS Management IPO had drawn robust interest across categories, with an overall subscription of 3.13 times. Here’s a quick look at the subscription numbers:

• Total Bids: 1.11 crore shares received against 35.70 lakh shares on offer
• Retail Investors: 1.10 times subscribed
• Non-Institutional Investors (NIIs): 9.15 times subscribed
• Qualified Institutional Buyers (QIBs): 2.12 times subscribed

The IPO window was open between August 25 and August 28, 2025.

NIS Management IPO Details

The company launched a ₹60 crore public issue, which included:

• Fresh Issue: 0.47 crore shares worth ₹51.75 crore
• Offer for Sale (OFS): 0.07 crore shares worth ₹8.26 crore

Funds raised are intended to cover working capital needs, business expansion, and operational improvements.

Pricing & Lot Size

• Price Band: ₹105 to ₹111 per share
• Lot Size: 1,200 shares per application
• Minimum Investment (Retail): ₹2,66,400 for 2,400 shares (upper band)
• Minimum Investment (HNIs): ₹3,99,600 for 3,600 shares (3 lots)

Ahead of the IPO, NIS Management also secured ₹16.72 crore from anchor investors on August 22, 2025.

Key Stakeholders

• Book Running Lead Manager: Share India Capital Services Pvt. Ltd.
• Registrar: Maashitla Securities Pvt. Ltd.
• Market Maker: Share India Securities Ltd.

About NIS Management

Founded in 1985 and headquartered in Kolkata, NIS Management Limited has become a prominent player in security and facility management services.

What began as a five-member team has now grown into a large workforce of nearly 16,000 employees, serving 600+ clients across 14 states.

Service Portfolio Includes:

• Manned guarding
• Electronic surveillance
• Integrated facility management
• Payroll administration
• Housekeeping solutions
• 24/7 security support
• Fire and safety training
• Help desk assistance
• HR and payroll support

With 14 branches across India, the company ensures strong local presence while maintaining standardized operational quality.

Summary

• Listing Price: ₹108 vs issue price of ₹111 (2.7% discount)
• IPO Size: ₹60 crore (Fresh Issue + OFS)
• Subscription: 3.13 times overall; NIIs showed strongest interest (9.15x)
• Anchor Investment: ₹16.72 crore raised before IPO
• Business Strength: Over 16,000 employees, 600+ clients, presence in 14 states

Despite a muted listing, the IPO numbers reflected healthy investor demand. The company’s strong foothold in security and facility management continues to keep it in focus in the stock market today.