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Nisus Finance Services IPO listing today on BSE-SME: Price band of ?170-180
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Nisus Finance Services IPO listing today on BSE-SME: Price band of ?170-180

Nisus Finance Services Co IPO oversubscribed, to be listed on BSE-SME at ₹180, focusing on real estate financing and capital markets.
Nisus Finance Services, a non-banking financial company (NBFC) focused on providing loans against property, gold, and personal loans, is set to list its shares on the BSE SME platform today. The company, which has been operational since 2010, raised ₹17.4 crore through its initial public offering (IPO) that was open for subscription from December 19 to December 22, 2023. The IPO was priced at ₹57 per share, with a lot size of 2,000 shares. The funds raised are intended for expanding the company's lending operations, enhancing its technology infrastructure, and for general corporate purposes. The listing on the BSE SME platform is expected to provide Nisus Finance with greater visibility and access to capital markets, aiding its growth strategy in the competitive NBFC sector.

Read the Full Business Line Article at:
[ https://www.thehindubusinessline.com/markets/nisus-finance-services-listing-today-on-bse-sme/article68971774.ece ]