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News Details

( As on 02/09/2025 09:50)

NIS Management Ltd. debuts with 2.70% discount at Rs 108.00

NIS Management Ltd. makes a weak debut on the bourses with scrip got listed at Rs 108.00 on the Bombay Stock Exchange, a 2.70 per cent discount to its issue price of Rs 111.00.

The company, which raised 0.54 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 54.06 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Aug 25 to Aug 28.

Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Share India Capital Services Ltd. as lead managers & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 80,364.49, up 554.84 points, or 0.69 per cent.