stockaxis

SIS Cash Services Ltd.

IPO Details
  • Issue Type Book building
  • Price range
  • Market Lot
  • Total Equity Shares
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

We have been providing cash logistics solutions in India for 13 years. We are the second largest cash logistics player in the Indian cash logistics industry in terms of revenue from operations for Fiscal 2024, having an overall market share estimated to be around 17-18% (source: CRISIL Report). We are the fastest growing cash logistics company in India in terms of revenue from operations at a CAGR of 27.06% and in terms of profit after tax at a CAGR of 224.89% between Fiscal 2022 and Fiscal 2024 (source: CRISIL Report). We are the largest company in the Indian cash logistics industry in terms of number of cash vans (which we refer to as secured vehicles) used for cash-in-transit services as at March 31, 2024 (source: CRISIL Report). For Fiscal 2024, the total value of the processed cash through all of our business lines amounted to ?2,230,635.47 million. Our Company, operates under the trademark SIS Prosegur and SIS Prosegur Holdings Private Limited, our Company’s wholly-owned material subsidiary, operates under the trademark SISCO.

Projects

1. Project Name: Funding of capital expenditure requirements for the purchase of cash vehicles and fabrication of the

Project Cost: 375.89

2. Project Name: Pre-payment or scheduled re-payment of a portion of certain outstanding borrowings availed by our Co

Project Cost: 298.07

Promoters

Prmoters Name

1. SIS Ltd.

2. LUXPAÏ CIT S.À R.L.

3. Prosegur Global CIT Row

4. S.L.U. and Prosegur Cash

5. S.A.

6. Singpai Pte. Ltd.

Prmoters Holdings
  • Pre Share Capital: 17497587
  • Pre Promoter Holding: 88.31
  • Offer to Public:
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Data not availble

Lead Managers

  • Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)

Subscription Details