NIS Management Ltd Share Price

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 mid1990s and they became 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 boasts 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 topnotch 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 whollyowned 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 DDUGKY and PMKVY significantly contributing to workforce empowerment and development.The Company is planning an Initial Public Offer of 5830000 Equity Shares of face value of Rs 10 each comprising 4664000 Fresh Issue Equity Shares and 1166000 Equity Shares thru Offer for Sale..