Description

NIS Management Limited announces allocation of 15.06 lakh equity shares to 12 anchor investors at Rs. 111 per share, raising Rs. 16.72 crores.

Summary

NIS Management Limited has finalized allocation of 15,06,000 equity shares to anchor investors at Rs. 111 per share (including share premium of Rs. 101) for their public issue. The allocation was approved by the IPO Committee/Board of Directors on August 22, 2025, raising a total of Rs. 16,71,66,000 from 12 anchor investors.

Key Points

  • Total shares allocated: 15,06,000 equity shares of face value Rs. 10 each
  • Anchor investor allocation price: Rs. 111 per share (including Rs. 101 share premium)
  • Total amount raised: Rs. 16.72 crores
  • Number of anchor investors: 12
  • Largest allocation: NAV Capital VCC (1,81,200 shares, 12.03%) and Next Orbit Growth Fund III (1,89,600 shares, 12.59%)

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • If the final offer price discovered through book building is higher than Rs. 111, anchor investors must pay the difference by the specified pay-in date as per revised CAN
  • Disclosure requirements as per SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2009

Important Dates

  • IPO Committee/Board meeting date: August 22, 2025
  • Circular date: August 22, 2025
  • Pay-in date for price difference (if applicable): As specified in revised CAN

Impact Assessment

This anchor investor allocation provides strong institutional backing for NIS Management Limited’s IPO, indicating confidence from quality investors. The successful anchor allocation at Rs. 111 per share sets a reference price for the public issue and may influence retail investor sentiment positively.

Impact Justification

IPO anchor allocation is significant for market participants but limited to one company