Kolkata’s NIS Management, a security and facility management firm, is set to debut on the BSE SME platform. The IPO, priced at ₹105-111, saw moderate subscription, led by non-institutional investors. The company plans to use the ₹60.01 crore raised for working capital and general purposes. Despite full subscription, grey market activity is nil, suggesting a debut around the issue price.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets