New Delhi, Sept. 2 -- NIS Management shares made a weak debut on the bourses on Tuesday, September 2, listing at Rs.108 on BSE SME, a discount of 2.7 per cent to their issue price of Rs.111.

The NIS Management SME IPO witnessed solid investor participation, closing with an overall subscription of 3.13 times. The issue received 1.11 crore bids against 35.70 lakh shares on offer. Among investor categories, the retail portion was subscribed 1.10 times, the non-institutional investors (NIIs) segment recorded robust demand at 9.15 times, while the qualified institutional buyers (QIBs) quota was subscribed 2.12 times. The IPO was open for subscription from August 25 to August 28, 2025.

The Rs.60 crore NIS Management public issue comprised a f...