Nisus Finance Services IPO Subscribed 177.55x on Final Day, Grey Market Premium Soars Ahead of Listing Next Week

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Nisus Finance Services’ initial public offering (IPO) has been met with overwhelming investor demand, with the issue being subscribed 177.55 times on its final day. The massive oversubscription highlights strong market interest in the company, which is set to list on the stock exchanges next week.




The IPO, which aimed to raise capital to fuel its expansion and strengthen its balance sheet, witnessed a flurry of buying activity, especially in the final hours of subscription. The retail portion of the offering was subscribed over 200 times, while qualified institutional buyers (QIBs) also showed significant interest, with their segment subscribed 150 times.

Grey Market Premium Surge

In a positive sign for potential investors, the grey market premium (GMP) for the Nisus Finance Services IPO has surged ahead of its anticipated listing. Sources indicate that the shares are trading at a premium of around ₹250–₹300 per share in the grey market, signaling strong expectations of the stock’s performance post-listing.

Market analysts believe the high demand for the IPO is driven by the company's robust growth prospects in the financial services sector, as well as its sound business model. The strong GMP further strengthens the positive sentiment around the offering.

Company's Growth Strategy

Nisus Finance Services, which specializes in providing financial solutions such as loans and wealth management services, has outlined an aggressive growth strategy for the coming years. The capital raised from the IPO will be utilized to expand its lending book, invest in technology, and enhance customer outreach.

The company's management has expressed optimism about its future growth, citing strong demand in the sector and a solid pipeline of business opportunities.

Market Watchers' Expectations

As the listing date approaches, market participants are keenly watching Nisus Finance Services’ debut. Experts predict that the stock may see a strong opening, given the huge oversubscription and positive investor sentiment reflected in the grey market.

With the IPO now behind it, all eyes are on the upcoming listing, and market observers are optimistic about the potential for substantial gains as the company makes its way onto the stock exchanges.

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