NIS Management IPO Subscription Status

The NIS Management IPO concluded its subscription process on 28th August 2025 (till 05:00 PM) with an overall subscription of 3.13 times, showing significant interest across investor categories, especially non-institutional investors (NIIs).

• QIB (Qualified Institutional Buyers): 2.12x
• NII (Non-Institutional Investors): 9.15x
• RII (Retail Individual Investors): 1.10x

The IPO received a total of 1,11,85,200 bids against 35,70,000 shares available, leading to strong oversubscription.

Day-wise Subscription Trend:

• Day 1 (26th Aug): 0.37x
• Day 2 (27th Aug): 0.61x
• Day 3 (28th Aug): 3.13x (Final)

This indicates that most of the traction came on the last day, with NIIs driving the bulk of the demand.

About NIS Management Limited

Founded in 1985 and headquartered in Kolkata, NIS Management Limited is a leading provider of security and facility management services in India. Over the decades, the company has grown steadily and now employs over 16,000 professionals across 14 Indian states, delivering services to a wide range of clients including government bodies, airports, corporates, and institutions.

Key Services:

• Security Services – Manpower-based and technology-driven security solutions.
• Integrated Facility Management (IFM): Comprehensive management of corporate and industrial facilities.
• Housekeeping & Maintenance Services: Professional cleaning, upkeep, and support staff solutions.

The company started its journey in airport security when it received its first major airport contract in Bihar in 1986, deploying a dedicated team of 100 employees.

Competitive Strengths

NIS Management has developed several operational advantages that differentiate it from peers:

• Strong regional presence with a large workforce spread across multiple states.
• Ability to recruit, train, and deploy skilled manpower quickly.
• High proportion of permanent staff compared to temporary workers.
• Use of mobile apps for real-time attendance monitoring.
• QR code-based tracking systems for efficiency and transparency.
• NSDC certification to provide professional skill training programs.
• Experience of nearly four decades in the security and facility management industry.

NIS Management IPO Financial Report

The company has maintained consistent growth in both revenue and profits:

• Revenue (FY 2023): ₹341.93 crores
• Revenue (FY 2024): ₹380.06 crores (+11.2% YoY growth)
• Profit (FY 2023): ₹16.14 crores
• Profit (FY 2024): ₹18.40 crores (+14% YoY growth)

The company’s financials reflect a stable business model with rising revenue and profitability, supported by long-term contracts in security and facility management.

NIS Management IPO GMP (Grey Market Premium)

As of Thursday, 28th August 2025, the Grey Market Premium (GMP) for NIS Management IPO stood at ₹7.

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

This indicates a modest premium of ~6.3% over the issue price, suggesting a reasonable but not aggressive listing expectation.