NIS Management Ltd Share Price

History of NIS Management Ltd

NIS Management Limited was started in Kolkata in year 1985 by Mr. Debajit Choudhury as a sole proprietorship and converted into a Private Limited Company as NIS Management Private Limited vide Certificate of Incorporation dated March 23, 2006, issued by Registrar of Companies, Kolkata. Subsequently, Company got converted into a Public Limited Company and the name changed from 'NIS Management Private Limited' to 'NIS Management Limited' vide a fresh Certificate of Incorporation dated June 27, 2018 issued by the Registrar of Companies, Kolkata. The Company focused on providing security guards and investigation services. Gradually, the Company grew with contracts from esteemed organizations and some other major groups. Mrs. Rina Choudhury joined the business in the mid-1990s and they becam ...e the promoters of the Company. Mrs. Rina Choudhury assumed leadership of the facility management division, securing notable contracts from esteemed hospitality groups such as the Taj Group and Oberoi Grand, among others. The Company works with a diverse clientele encompassing esteemed organizations such as Reliance Retail, Piramal Group, HDFC Bank, Torrent Power, and several key airports and government institutions across India. It set up operations to deliver top-notch services to customers, specializing in various aspects such as Security Services, Facility Management, Housekeeping, Payroll management, Events Security, etc. In its evolution, the Company expanded into electronic security services, initially providing alarm systems to jewelry stores. This segment eventually evolved into a distinct entity, NIS Facility Management Services Private Limited, a wholly-owned subsidiary catering to State Governments and Public Sector Undertakings (PSUs) with comprehensive security solutions. Concurrently, Keertika Academy Private Limited was established, focusing on initiatives aimed at skill development. Recognized as a partner of the National Skill Development Corporation (NSDC), the academy has played a pivotal role in various vocational training programs under schemes like DDU-GKY and PMKVY, significantly contributing to workforce empowerment and development. Company launched the IPO of 54,06,000 equity shares of face value of Rs 10 each by raising Rs 60 crores, consisting a fresh issue of 46,62,000 equity shares aggregating to Rs 51.74 crores and the offer for sale of 7,44,000 equity shares aggregating to Rs 8.25 crores in August, 2025.