The IPO of Nisus Finance Services, a company that provides a variety of financial services including transaction advisory services, fund and asset management, private equity, venture debt and capital solutions for corporate clients, seems to be getting support from investors. The IPO on December 5 was subscribed a total of 18.9 times. The IPO of Nisus Finance Services opened for bidding on December 4 and will close on December 6. The IPO price has been set between ₹170 to ₹180 per equity share, with a face value of ₹10 per share. This is an SME IPO.
How much was GMP today?
According to investorgain.com, the GMP of Nisus Finance Services IPO on Thursday is +65. That means the share price of Nisus Finance Services was trading at a premium of ₹65 in the gray market. Considering the upper end of the IPO price band and the existing premium in the gray market, the estimated listing price of Nisus Finance Services share price is ₹245 per share, which is 36.11% higher than the IPO price of ₹180. It is seen that based on last 26 sessions, Thursday's IPO GMP is moving upwards
Who subscribed how much the other day?
The subscription status of Nisus Finance Services IPO is 18.92 times so far on the second day. The retail portion was subscribed 27.35 times and the NII portion was booked 20.74 times. Moreover, the QIB portion was booked 3.16 times. According to Livemint, the employee share is 73% subscribed. According to the news, investors can place bids for a minimum of 800 equity shares and thereafter in multiples of 800 shares.
In this, at least Rs 1,44,000 will have to be invested for one lot. The company received bids for 7,95,64,000 shares against the bid of 42,05,600 at 16:33 IST, according to data from Chittorgarh.com. The subscription position of the IPO was 3.16 times on the first day.
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