SIS Cash Service Limited IPO

SIS Cash Service Limited IPO: DRHP Filed to Raise Funds 2025

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SIS Cash Service Limited IPO: SIS Cash Services Limited has applied for IPO with SEBI on March 29. The company’s IPO can come at a face value of Rs 10. In the IPO, there is a plan to sell fresh shares worth Rs 100 crore and 3715,150 shares as an offer for sale. The promoters of the company are selling these shares.

SIS Cash Service Limited IPO
SIS Cash Service Limited IPO

SIS Cash Service Limited IPO

Under the offer for sale, SIS Limited can sell 17,95,346 shares. Whereas, SMC Integrated Facility Management Solutions Limited can sell 19,19,804 shares.

The issue can be done through the book building process. At least 75 % of the share is reserved for qualified institutional buyers. At the same time, 15 % of the share can be given to non-institutional bidders and at least 10 % to retail investors.

SIS Cash Service Limited IPO: How will the Company use the IPO Money? 

Rs 29.81 crore will be paid to clear the dues and also for general corporate. Rs 37.59 crore will be used for capital expenditure etc. 

  • DAM Capital Advisors Limited has been appointed as the book running lead manager.
  • Whereas, MUFG Intime India Private Limited has been appointed as the registrar for the issue.

About the Company 

  • SIS Cash Services Limited is the country’s leading cash logistics solutions company. 
  • The company is the second-largest company in its sector in terms of revenue during FY24.
  • The revenue of SIS Cash Services Limited was Rs 543.03 crore in the financial year 2023. •Whereas, it was Rs 633.83 crore in the financial year 2024.

SIS Cash Service Limited IPO: Or It Has Increased by 16.72 % on an Annual Basis.

  • The profit of the company was Rs 18.85 crore in the financial year 2023.
  • The profit of the company was Rs 50.16 crore in the financial year 2024.
  • It offers cash in transit services, retail cash management (doorstep banking) services, automated teller machine (ATM) cash replenishment and first level maintenance services; and cash assistant-cash peon services.
  • Additionally, it offers value-added and synergetic solutions for various valuables, including cash. Through its integrated services, the company has shifted its business mix towards offering more comprehensive and end-to-end solutions for its clients.
  • The company operates under the trademark SIS Prosegur, while its wholly-owned material subsidiary, SIS Prosegur Holdings, operates under the trademark SISCO.

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