NIS Management IPO subscribed 2 times so far on day 3; here's how to check allotment status online

NIS Management IPO: Security service provider NIS Management's initial public offering has been subscribed 2.04 times so far on the final day of bidding on Thursday, August 28.

The initial share sale has received bids for 79,65,600 shares compared to 39,00,000 shares on offer, according to the data on the BSE website until 2:15 pm.

The ₹60.01 crore initial share sale is a mix of fresh issuance of shares valued at ₹51.75 crore and an offer for sale of ₹8.26 crore. The price band has been set at ₹105 to ₹111 per share, and the minimum investment for individual investors is two lots, or 2,400 shares.

The money generated will be used for working capital requirements and general corporate purposes.

NIS Management IPO allotment and listing dates

How to check NIS Management IPO allotment status on BSE

• Go to BSE's URL: https://bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ as the issue type
• From the ‘Issue Name’ list, select 'NIS Management'
• Mention PAN or IPO application number
• Hit the 'Search' button

NIS Management IPO allotment status online on Maashitla Securities; check full steps

• Head to Maashitla Securities' portal at https://maashitla.com/allotment-status/public-issues
• Pick ‘NIS Management Limited’ from the 'Select Company' list
• Enter PAN, Application Number, or Demat Account Number
• Press 'Submit' button

NIS Management is an integrated security and facility management services provider with an array of portfolios spanning security, integrated facility management, housekeeping and skill development initiatives.

NIS Management IPO latest GMP