Description

NIS Management Limited has allocated 15,06,000 equity shares to 12 anchor investors at Rs. 111 per share, raising Rs. 16.72 crores in the anchor investor portion of their IPO.

Summary

NIS Management Limited has successfully completed the anchor investor allocation for its public issue of equity shares. The company allocated 15,06,000 equity shares of face value Rs. 10 each to 12 anchor investors at an allocation price of Rs. 111 per share (including share premium of Rs. 101), raising a total of Rs. 16,71,66,000.

Key Points

  • Total allocation: 15,06,000 equity shares
  • Allocation price: Rs. 111 per share (face value Rs. 10 + premium Rs. 101)
  • Total amount raised: Rs. 16.72 crores
  • Number of anchor investors: 12
  • Largest allocations: NAV Capital VCC, Swyom India Alpha Fund, and Lords Multigrowth Fund (each 12.03%)
  • Decision finalized by IPO Committee/Board on August 22, 2025

Anchor Investor Details

  • NAV Capital VCC - NAV Capital Emerging Star Fund: 1,81,200 shares (12.03%)
  • Nexus Global Opportunities Fund: 91,200 shares (6.06%)
  • Sunrise Investment Trust funds: 91,200 shares each (6.06%)
  • Swyom India Alpha Fund: 1,89,600 shares (12.59%)
  • Multiple other institutional investors with allocations ranging from 6.06% to 12.03%

Regulatory Requirements

  • Anchor investors must pay additional amount if final offer price exceeds Rs. 111
  • Payment required by pay-in date as specified in revised CAN
  • Allocation follows SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009
  • Public disclosure mandatory on BSE website

Important Dates

  • IPO Committee/Board meeting: August 22, 2025
  • Allocation finalization: August 22, 2025
  • Disclosure date: August 22, 2025

Impact Assessment

Strong anchor investor participation with 100% allocation indicates positive market sentiment for NIS Management Limited. The diverse investor base including multiple international and domestic funds suggests confidence in the company’s prospects. This successful anchor round sets a positive foundation for the public portion of the IPO.

Impact Justification

Significant IPO milestone with substantial anchor investor participation indicating market confidence