Nisus Finance IPO allotment: Check status, GMP, likely listing price

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Nisus Finance IPO allotment: Check status, GMP, likely listing price - Business Standard

Quick Summary:

Once the allotment is finalised, investors can check the status on the official websites of the BSE or Skyline Financial Services, the registrar for the issue.

Nisus Finance's revenue primarily comes from fund management fees, with Assets Under Management (AUM) of approximately Rs 1,000 crore.

Based on current grey market trends, the shares are expected to list around Rs 295, representing a premium of Rs 115 or 63.89 per cent over the upper end of the IPO price band.