- Q1. What is the business of SIS Cash Services Limited ?It provides cash logistics services including ATM cash replenishment, cash-in-transit, retail cash management, and secure cash handling across India.
- Q2. Why is the company raising funds via IPO?To fund expansion through cash vehicle purchases, repay borrowings, and meet general corporate requirements.
- Q3. What is the size of the issue and where will it list?The IPO includes a Fresh Issue of ₹ 100 Cr and an Offer for Sale (OFS) of ~37.15 Lakhs Equity Share. It will be listed on NSE and BSE platform.
- Q4. What are the key risks to an investor?Dependence on cash economy, digital payment disruption, low margins, and high operational/security risks.
- Q5. What are the potential upsides?Strong market position, ~17–18% industry share, rising organized cash logistics demand, and SIS Group backing.
- Q6. How to apply for the IPO?Investors can apply for the IPO through ASBA via net banking or using UPI through registered stock brokers once the IPO opens for subscription.
Upcoming
SIS Cash Services Ltd
0
Rating
SIS Cash Services Limited operates in the cash logistics and cash management industry, providing services such as cash-in-transit, ATM cash replenishment, retail cash management, and secure cash handling solutions for banks, ATMs, and large enterprises. The company is a part of the SIS Group ecosystem, one of India’s leading security and facility management players.
SIS Cash Services Limited was incorporated in 2011 & currently Mr. Rituraj Kishore Sinha serves as the Managing Director of the company.
SIS Cash Services Limited filed its DRHP with SEBI on 27 March 2025. The IPO features a fresh issue of ₹ 100 Cr and an Offer for Sale (OFS) of ~37.15 Lakhs Equity Shares.
It provides Cash-in-Transit (CIT), ATM cash replenishment & maintenance, retail cash management/doorstep banking, and cash assistant services; plus value-added “New Solutions” integrated with its logistics network.~25,000+ retail touchpoints and estimated ~17–18% share in India’s cash logistics market.
Subscription date to apply for SIS Cash Services Limited is yet to be announced. Price band for the IPO is yet to be declared.
Revenue, PAT, EBITDA
|
Year
|
2024
|
|---|---|
|
Networth
|
₹ 154.52 Cr
|
|
Revenue
|
₹ 633.82 Cr
|
|
EBITDA
|
₹ 106.96 Cr
|
|
PAT
|
~16.88%
|
|
EBITDA Margin
|
₹ 50.15 Cr
|
|
PAT Margin
|
~ 7.91%
|
|
Face Value
|
Rs.10 per Equity Share
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
TBA
|
|
Close Date
|
TBA
|
|
Anchor Investor Bidding
|
TBA
|
|
Allotment Date
|
TBA
|
|
Refunds& Demat Credit
|
TBA
|
|
Tentative Listing Date
|
TBA
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
Capital Expenditure ( In Crores)
|
37.58
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
General Corporate Purpose
|
Balance
|
Financial Data
|
#
|
2022
|
2023
|
2024
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
₹ 392.6
|
₹ 543.0
|
₹ 633.8
|
|
PAT (₹ Cr)
|
₹ 4.8
|
₹ 18.9
|
₹ 50.2
|
|
Asset (₹ Cr)
|
₹ 518.6
|
₹ 599.9
|
₹ 648.9
|
|
Net Worth (₹ Cr)
|
₹ 85.2
|
₹ 104.6
|
₹ 154.5
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
17-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
16-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
15-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
14-Jun
|
₹ –
|
₹ –
|
₹ –
|
|
13-Jun
|
₹ –
|
₹ –
|
₹ –
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Singpai Pte. Ltd.
|
49.00%
|
|
SIS Limited
|
39.31%
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
–
|
1
|
–
|
₹ –
|
|
Retail (Max)
|
–
|
13
|
–
|
₹ –
|
|
HNI (Min)
|
–
|
14
|
–
|
₹ –
|
|
HNI (Max)
|
–
|
66
|
–
|
₹ –
|
|
Big HNI (Min)
|
–
|
67
|
–
|
₹ –
|
Key Performance Index (KPI)
|
ROE
|
38.71%
|
|---|---|
|
ROCE
|
27.59%
|
|
RoNW
|
38.71%
|
