NIS Management IPO Subscription Status

The NIS Management IPO continued to see steady investor participation on its second day of bidding (August 26, 2025, till 05:00 PM), with an overall subscription of 0.61 times.

• QIB (Qualified Institutional Buyers): 0.45x
• NII (Non-Institutional Investors): 1.36x
• RII (Retail Individual Investors): 0.38x

The IPO received bids for 21,86,400 shares against the issue size of 35,70,000 shares. While retail participation was still moderate, NII investors showed comparatively stronger interest. Institutional demand is expected to pick up in the final bidding sessions.

Day 1 Subscription (25th August 2025): 0.37x
Day 2 Subscription (26th August 2025): 0.61x

About NIS Management Limited

Founded in 1985 and headquartered in Kolkata, West Bengal, NIS Management Limited is one of the prominent companies in security services and integrated facility management in India.

Currently, the company employs nearly 16,000 workers spread across 14 states, offering end-to-end security, housekeeping, and facility management solutions to a wide range of industries.

Key Milestone: In 1986, NIS secured its second airport security contract in Bihar, deploying a team of 100 trained professionals — a stepping stone that boosted its recognition in the security services sector.

Competitive Strengths of NIS Management

• Strong Regional Presence: Operations spread across multiple states with focus on urban and semi-urban areas.
• Technology-Enabled Monitoring: Use of mobile applications, QR codes, and digital attendance systems to track employee activity and ensure accountability.
• Skilled Workforce: Emphasis on hiring full-time trained staff over temporary workers, ensuring service consistency and reliability.
• Certified Training: Recognized by NSDC (National Skill Development Corporation) to provide professional training, helping the company maintain a skilled labor pool.
• Client Base Diversity: Serves a wide range of industries including aviation, corporate offices, residential complexes, and industrial establishments.

NIS Management Financial Performance

The company has shown consistent growth in its financials over the last two years, driven by strong contracts and efficient service management.

• Revenue (FY 2023): ₹341.93 crores
• Revenue (FY 2024): ₹380.06 crores
• Profit (FY 2023): ₹16.14 crores
• Profit (FY 2024): ₹18.40 crores

This represents a 11.1% revenue growth and a 14% increase in net profit, highlighting the company’s ability to scale operations while improving margins.

NIS Management IPO GMP (Grey Market Premium)

As of Tuesday, August 26, 2025, the Grey Market Premium (GMP) for the NIS Management IPO stood at ₹7.

• IPO Issue Price: ₹111
• Grey Market Price: ₹118
• Premium: ₹7

This indicates cautious optimism among investors, suggesting a moderate listing gain potential depending on the final subscription momentum, especially from institutional investors.