Thu, December 12, 2024
Wed, December 11, 2024
[ Wed, Dec 11th 2024 ]: Politico
Zoomers and boomers
Tue, December 10, 2024
[ Tue, Dec 10th 2024 ]: MoneyWeek
The top stocks in the FTSE 100
Mon, December 9, 2024
[ Mon, Dec 09th 2024 ]: Daily News
Tanzania's path to prosperity
Sun, December 8, 2024

Nisus Finance Services listing today on BSE-SME


  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. s-finance-services-listing-today-on-bse-sme.html
  Print publication without navigation Published in Business and Finance on by Business Line
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  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 to small and medium enterprises (SMEs), listed its shares on the BSE SME platform on January 10, 2024. The company, which has been operational since 1990, raised ₹96.48 crore through its initial public offering (IPO) that was open for subscription from December 27 to December 29, 2023. The IPO was priced at ₹100 per share, and the shares were listed at a premium, opening at ₹115.50 on the BSE SME. Nisus Finance aims to use the funds raised to expand its lending operations, enhance its technology infrastructure, and increase its geographical presence. The listing is seen as a strategic move to leverage the BSE SME platform's benefits like increased visibility, credibility, and access to capital markets for growth.

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

Publication Contributing Sources