Nisus Finance Services Co Ltd — Important, 12-11-2025: Company Update

Nisus Finance Services Co Limited has submitted its IPO proceeds utilization report for the quarter ended September 30, 2025. Of the Rs. 101.62 crore fresh issue, Rs. 86.89 crore has been utilized, leaving Rs. 14.73 crore unutilized and invested in fixed deposits and bank accounts. While utilization largely aligns with stated objects, there's a delay in deployment timelines for several objectives. The company overspent on issue expenses by Rs. 0.51 crore, which it adjusted against general corporate purposes. An unrelated payment of ₹15,000 was also noted but not counted towards IPO proceeds utilization.