Latest news with #AmitGoenka
Arabian Post
2 days ago
- Business
- Arabian Post
Dubai's real estate market gets ready for US$500 million fund for tokenisation
By Saifur Rahman Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a subsidiary of India's Nisus Finance Services Company Limited (NIFCO), said it will place funds and assets worth up to US$500 million (Dh1.83 billion) for tokenisation in the UAE. NiFCO Dubai said, it has signed a Memorandum of Understanding (MoU) with Xchain Technologies FZCO (Toyow), a leading blockchain-based forensic and advisory firm, for the tokenisation of funds and assets worth up to US$500 million (Dh1.83 billion), as the market shifts towards Web3 technology. ADVERTISEMENT Tokenisation, the process of converting ownership rights of real-world assets into digital tokens, is gaining traction in the Middle East, particularly in Dubai. This trend is driven by the potential for increased liquidity, accessibility, and transparency in real estate investment. Nisus Finance plans to conduct a Security Token Offering (STO) of its real estate assets under management (AUM) through Toyow's marketplace. Toyow will provide end-to-end technical support, including smart contract development, blockchain integration, and regulatory alignment. The news comes a few days after Dubai Land Department (DLD) launched the region's first tokenised real estate investment project through the 'Prypco Mint' platform. The initiative is being implemented in partnership with Prypco. These are in line with the UAE's futuristic national vision focusing on technology and innovation. The news comes a few days after the DLD launched the region's first tokenised real estate investment project in collaboration with the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE, and the Dubai Future Foundation (DFF). With DLD projecting tokenised real estate transactions to reach Dh60 billion by 2033 — or 7 percent of the total market — Dubai is clearly positioning itself as a global hub for asset tokenisation. 'This MoU will help us develop real estate funds on the Web3 blockchain technology platform – that is set to revolutionise investment in real estate in the future,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO), said. 'This would be our first such venture and depending on how the market responds, will usher in a new era in the UAE's high-growth real estate market. ADVERTISEMENT 'STO on a Web3 platform is secure, transparent and set to drive future real estate investment. Property developers are already introducing cryptocurrency and tokenisation as new channels of payment and raising funds. We are taking it a step forward by creating funds to accelerate the growth of the real estate market.' Dubai is taking a leadership role in the Middle East in real estate tokenisation, while the global real estate tokenisation market is expected to reach US$18.9 trillion by 2033. Tokenised private real estate funds are projected to grow to US$1 trillion by 2035, with a total market penetration rate of 8.5 percent. The tokenised ownership of loans and securitisations could grow to US$2.39 trillion by 2035, with a total market penetration rate of 0.55 percent, according to a report by the global business advisory firm Deloitte. Tokenisation could democratise the real estate market through crowdfunding and fractional ownership that will allow investors to invest smaller amount in high-value projects, according to experts. 'This will help an increased number of investors to participate in investing in properties through Web33 technology,' said a property analyst, requesting anonymity. 'However, there should be clear regulatory guidelines and massive public awareness drive for retail buyers and micro-investors to gain insights before investing their hard-earned savings in to tokenised assets.' As per the MoU, Xchain Technologies FZCO will tokenise Nisus Finance's Real Estate Assets Under Management (AUM) worth up to US$500 million (Dh1.83 billion) as security tokens on Toyow, a global multi-category tokenised Real World Assets (RWA) marketplace. Toyow will leverage its platform to provide technical and operational support, including regulatory compliance across the UAE, DIFC, and international jurisdictions. Investors holding the Toyow Token will be able to invest in this fund using Toyow Token ($TTN). 'The tokenised real-world assets market (excluding stable coins) reached $15.2 billion by December 2024. This growth is fueled by a supportive regulatory landscape, technological advancements, and increased investment from financial institutions,' according to reports. The growth in real estate tokenisation is driven by several factors, including: increased institutional Interest; clear regulatory support; technological maturation; investment opportunities as tokenisation allows for fractional ownership and access to real estate for a wider range of investors, including those with lower investment capital. Surajit Chanda, Co-founder, Toyow, says, 'Partnering with Nisus Finance on an STO of this scale underscores the growing maturity of real-world asset tokenization in the region. At Toyow, our mission is to unlock liquidity and access for high-quality assets by offering a secure, compliant, and scalable infrastructure. This collaboration reinforces our belief that institutional-grade tokenization is no longer a concept—it's here, it's accelerating, and it's changing how capital flows into real estate.' Toyow will also manage investor onboarding and KYC/AML compliance, provide secure wallet and custody infrastructure, and enable both primary issuance and secondary trading of the tokenised assets—all within a seamless, compliant ecosystem designed for institutional-grade scalability. Toyow is redefining access to real-world assets by enabling the tokenisation of categories like real estate, art, precious metals, alternative investments, and more, on-chain. Built for institutional-grade compliance and scalability, Toyow enables asset owners to digitise, fractionalise and monetise high-value assets, while offering investors secure, transparent access to global investment opportunities through a liquid, blockchain-powered marketplace. The partnership is part of Toyow's growing tokenisation pipeline valued at over US$38 billion across multiple asset classes and jurisdictions globally. As per the MoU, Toyow will list the tokenised real estate assets on its marketplace for primary and secondary trading, while managing liquidity mechanisms for the secondary trading of security tokens. In addition to these, Toyow will also oversee marketing, investor outreach, and awareness campaigns for the STO, in addition to providing a secure wallet infrastructure and custody solutions for tokenised assets. It will also handle all aspects of investor onboarding and operational execution for the STO, including customer support and transaction management. Disruptive technologies, such as asset tokenisation, are poised to transform real estate over the next few years. Built on blockchain technology, tokenisation converts physical or financial assets into fractional, digital representations that can be securely owned and traded online. 'Tokenised real estate could not only pave the way for new markets and products, but also give real estate organisations an opportunity to overcome challenges related to operational inefficiency, high administrative costs charged to investors, and limited retail participation,' according to a report by Deloitte. Tokenisation allows capital generation across the capital stack- including debt, equity, and hybrid funding on a single platform. Over the last eight years, since the first tokenised real estate deals were completed, it has helped open potential new avenues for real estate investment through fractional ownership, the report says. This technology could help build trillions of dollars of economic activity for the real estate sector over the next decade, in part, by allowing it to expand its investor base and product offerings. The Deloitte Center for Financial Services predicts that US$4 trillion of real estate will be tokenised by 2035, increasing from less than US$0.3 trillion in 2024, with a CAGR of 27 percent. Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
Economic Times
3 days ago
- Business
- Economic Times
Amit Goenka on why Rs 4,000- crore AUM for FY26 is a reasonable target for Nisus Finance
Amit Goenka, CMD, Nisus Finance Services, says the company does special situations and unique financing solutions in India and asset buying in the UAE. They saw one of the biggest change drivers less than a fortnight ago where almost 26 billion dirhams of REIT got listed in the UAE. They have never had REITs in the last 10 years and suddenly they have got a very large REIT from the government suddenly and opening at 13% premium. That is the opportunity that is available for Nisus and, of course, the India opportunity continues to grow. Tell us about your business. It seems like an interesting play. What exactly is the company into? Amit Goenka: Nisus Finance is one of the foremost urban infrastructure finance companies which is headquartered in India. We are also the first listed fund manager out of India and we have obviously now diversified in the UAE. We believe these two are very high growth markets as far as urban infrastructure growth is concerned and therefore will require a tremendous amount of private capital participation. We have become one of the major conduits for global and domestic capital to pull into high value accretive opportunities and make the best out of them. We run multiple funds therefore to cater to these opportunities, that is obviously one of the largest segments of our work and related to that, of course, we also provide advice to several asset owners and asset players on how to optimise the opportunity in these markets. So, it is a twin model of advisory and asset management. But you also came out with your numbers and I see the profit has surged 36% and you also have a target of Rs 4,000 crores worth of AUM for FY26. What are going to be the levers for growth? Can you shed some light on going forward, what is going to be your guidance for the second half of this year? Amit Goenka: FY25 was a very important year for us. This was the pivotal year where we really sort of created a huge paradigm in our favour, where we moved from being a medium player to now becoming one of the more foremost formidable players in our space both in India and the UAE. In fact, our foray into the UAE has been quite unique because we are very uniquely positioned to create a formal fund structure which finances and buys assets which was not really the case, it was largely family office-led, unlike in India where we still have a formal investment environment. Of course, there has been consolidation of the market, we have seen players consolidate, the big getting bigger and margins expansion. The IPO which really came out at the end of the last year provided us with that capital, unfortunately of course it was too short a runway for us to make the best of that. We had almost Rs 67 crore of cash out of the Rs 101 crore that we raised, sitting on a balance sheet as of March, but it really created the right tailwinds in our favour to now create a very huge decadal growth story for ourselves. So, from an outlook perspective, we really just got started. This capital is now getting employed. We have got one of the largest investment banks raising great amounts of capital for us in our fund pools. We have got a significant amount of commitments from global funds. We are talking about a $200 million commitment into that. We have got an extraordinary amount of bank support in the UAE, close to about $250 million of loans under closure. So, with this capital alone that we will be able to put roughly about $500 million of committed capital and ought to be committed capital into the UAE market alone, that itself is about 4,000 plus crores over and above the existing Rs 1500 crore. So, when we talk of a Rs 4,000 crore AUM target, it is reasonable, given that we do have that capital and the pipeline available for closure in the UAE alone. When I look at India, again it is a huge opportunity set, the AIFs have been growing at breakneck speed of almost 24% year-on-year. We have close to about Rs 70,000 crore of private capital which got invested last year, one of the largest FDI inflows in real estate. We saw a very large amount of the funding deficit getting filled in by AIFs and not necessarily banks and NBFCs given the central bank outlook. So, clearly the opportunity is also very favourable for us as an investor in India real estate. Having said that, we will still continue to be slightly cautious. The markets in the last quarter which is of FY25 took a deep downturn. We saw almost $1 trillion of market cap getting wiped, $15 billion of FII money pulled out. On the back of that, there was almost a dip of 24% in sales in the last quarter. This year also this quarter also looks very muted. H1 number expectation is not more than 6-7% growth because of asset price inflation, people being conservative about outlook, about wanting to get into expensive transactions, some fear of inventory overhang coming is a very large opportunity set, but even if we did Rs 1,000 crore which is a very small number to commit to the demand-supply gap, we can move our domestic AUM to over Rs 2,000 crore and our offshore AUM to another Rs 3,000 crore. As a sum of that, Rs 4,000 crore is a reasonable target for us to achieve in terms of total capital deployed given that it will still be a fractional amount of the total capital demand. In the UAE, we are talking of almost $350 billion worth of opportunities. In India, we are talking of close to about hundred billion dollars of opportunities. So out of a $450-billion opportunity set, we are talking only Rs 2,500 crore. So, it is a very small number, and it is achievable. The good part is that there is a continued interest given that we are now the fourth largest economy in the world and people have been focusing on India as the new destination for growth, that helps. Of course, factories are getting built, warehousing, data centres, a lot of infra spread across tier II, tier III as well, which is obviously bringing in new opportunities in our favour. I see this year as effectively the year of the largest impact that we will be able to create for ourselves and our stakeholders. Given that now we have the cash to grow because of which we have got bank sanctions, we have got new investments coming in, we have created licenses in Dubai, in Mauritius, in India in GIFT City, so we have the structures ready, we have the infra ready, we have made those investments, so obviously last quarter we were making investments, shoring up our balance sheet, getting in the talent, creating the right sort of ecosystem for all this capital to walk in because it is blue-blooded institutional money, they need proper regulated systems in place which obviously the IPO is all about. So, now that we have that going for us and now capital has obviously started to sort of walk in, this will really be the year of change where we can make that quantum leap in our favour very-very quickly given that we are very well positioned in our own blue ocean, we have very limited competition in what we do. We do special situations and unique financing solutions in India, we do asset buying in the UAE and honestly there is really nobody. We saw one of the biggest change drivers just about less than a fortnight ago where almost 26 billion dirhams of REIT got listed in the UAE. They have never had REITs in the last 10 years and suddenly you have got a very large REIT from the government suddenly coming up and opening at 13% premium, so that is the opportunity that is really available for us and, of course, the India opportunity which continues to grow. Help us understand that you have two of your key revenue streams that is the transaction advisory services and fund and asset management. So, going ahead, how do you see the mix of both of these two in your overall financials? Amit Goenka: A very interesting question. Both are very correlated. For example, we saw about 400 plus transactions last year in India alone and we did about eight of them. So, a very small percentage of the total pipeline gets converted into actual investments. But then, there are the balance about 380, 390 transactions which still need capital and a solution. So, we are able to actually convert them into advisory opportunities. But obviously as the AUM is growing, the shift will largely continue to be on the fund revenues. Last year, we were at 30% fund and 70% advisory. This year we are at about 66% advisory and 34% fund. We see that shift continuing with the growth in AUM to maybe 50-50 or 60-40 in the coming in this financial year. As the AUM grows, as we set ourselves to do a billion dollar AUM in the next couple of years, obviously that shift of revenue will continue in favour of asset management fees than only advisory fees and obviously that continues to be a recurring income, that is an annuity because once you manage a corpus of money, you get your annuity fees, you keep on having those recurring revenues and fees and carry which is a very large percentage of the balance sheet, so obviously that is something which you are very squarely focused on.
Time of India
3 days ago
- Business
- Time of India
Amit Goenka on why Rs 4,000- crore AUM for FY26 is a reasonable target for Nisus Finance
Amit Goenka , CMD, Nisus Finance Services , says the company does special situations and unique financing solutions in India and asset buying in the UAE. They saw one of the biggest change drivers less than a fortnight ago where almost 26 billion dirhams of REIT got listed in the UAE. They have never had REITs in the last 10 years and suddenly they have got a very large REIT from the government suddenly and opening at 13% premium. That is the opportunity that is available for Nisus and, of course, the India opportunity continues to grow. Tell us about your business. It seems like an interesting play. What exactly is the company into? Amit Goenka: Nisus Finance is one of the foremost urban infrastructure finance companies which is headquartered in India. We are also the first listed fund manager out of India and we have obviously now diversified in the UAE. We believe these two are very high growth markets as far as urban infrastructure growth is concerned and therefore will require a tremendous amount of private capital participation. We have become one of the major conduits for global and domestic capital to pull into high value accretive opportunities and make the best out of them. We run multiple funds therefore to cater to these opportunities, that is obviously one of the largest segments of our work and related to that, of course, we also provide advice to several asset owners and asset players on how to optimise the opportunity in these markets. So, it is a twin model of advisory and asset management. But you also came out with your numbers and I see the profit has surged 36% and you also have a target of Rs 4,000 crores worth of AUM for FY26. What are going to be the levers for growth? Can you shed some light on going forward, what is going to be your guidance for the second half of this year? Amit Goenka: FY25 was a very important year for us. This was the pivotal year where we really sort of created a huge paradigm in our favour, where we moved from being a medium player to now becoming one of the more foremost formidable players in our space both in India and the UAE. In fact, our foray into the UAE has been quite unique because we are very uniquely positioned to create a formal fund structure which finances and buys assets which was not really the case, it was largely family office-led, unlike in India where we still have a formal investment environment. Live Events Of course, there has been consolidation of the market, we have seen players consolidate, the big getting bigger and margins expansion. The IPO which really came out at the end of the last year provided us with that capital, unfortunately of course it was too short a runway for us to make the best of that. We had almost Rs 67 crore of cash out of the Rs 101 crore that we raised, sitting on a balance sheet as of March, but it really created the right tailwinds in our favour to now create a very huge decadal growth story for ourselves. So, from an outlook perspective, we really just got started. This capital is now getting employed. We have got one of the largest investment banks raising great amounts of capital for us in our fund pools. We have got a significant amount of commitments from global funds. We are talking about a $200 million commitment into that. We have got an extraordinary amount of bank support in the UAE, close to about $250 million of loans under closure. So, with this capital alone that we will be able to put roughly about $500 million of committed capital and ought to be committed capital into the UAE market alone, that itself is about 4,000 plus crores over and above the existing Rs 1500 crore. So, when we talk of a Rs 4,000 crore AUM target, it is reasonable, given that we do have that capital and the pipeline available for closure in the UAE alone. When I look at India, again it is a huge opportunity set, the AIFs have been growing at breakneck speed of almost 24% year-on-year. We have close to about Rs 70,000 crore of private capital which got invested last year, one of the largest FDI inflows in real estate. We saw a very large amount of the funding deficit getting filled in by AIFs and not necessarily banks and NBFCs given the central bank outlook. So, clearly the opportunity is also very favourable for us as an investor in India real estate. Having said that, we will still continue to be slightly cautious. The markets in the last quarter which is of FY25 took a deep downturn. We saw almost $1 trillion of market cap getting wiped, $15 billion of FII money pulled out. On the back of that, there was almost a dip of 24% in sales in the last quarter. This year also this quarter also looks very muted. H1 number expectation is not more than 6-7% growth because of asset price inflation, people being conservative about outlook, about wanting to get into expensive transactions, some fear of inventory overhang coming up. There is a very large opportunity set, but even if we did Rs 1,000 crore which is a very small number to commit to the demand-supply gap, we can move our domestic AUM to over Rs 2,000 crore and our offshore AUM to another Rs 3,000 crore. As a sum of that, Rs 4,000 crore is a reasonable target for us to achieve in terms of total capital deployed given that it will still be a fractional amount of the total capital demand. In the UAE, we are talking of almost $350 billion worth of opportunities. In India, we are talking of close to about hundred billion dollars of opportunities. So out of a $450-billion opportunity set, we are talking only Rs 2,500 crore. So, it is a very small number, and it is achievable. The good part is that there is a continued interest given that we are now the fourth largest economy in the world and people have been focusing on India as the new destination for growth, that helps. Of course, factories are getting built, warehousing, data centres, a lot of infra spread across tier II, tier III as well, which is obviously bringing in new opportunities in our favour. I see this year as effectively the year of the largest impact that we will be able to create for ourselves and our stakeholders. Given that now we have the cash to grow because of which we have got bank sanctions, we have got new investments coming in, we have created licenses in Dubai, in Mauritius, in India in GIFT City , so we have the structures ready, we have the infra ready, we have made those investments, so obviously last quarter we were making investments, shoring up our balance sheet, getting in the talent, creating the right sort of ecosystem for all this capital to walk in because it is blue-blooded institutional money, they need proper regulated systems in place which obviously the IPO is all about. So, now that we have that going for us and now capital has obviously started to sort of walk in, this will really be the year of change where we can make that quantum leap in our favour very-very quickly given that we are very well positioned in our own blue ocean, we have very limited competition in what we do. We do special situations and unique financing solutions in India, we do asset buying in the UAE and honestly there is really nobody. We saw one of the biggest change drivers just about less than a fortnight ago where almost 26 billion dirhams of REIT got listed in the UAE. They have never had REITs in the last 10 years and suddenly you have got a very large REIT from the government suddenly coming up and opening at 13% premium, so that is the opportunity that is really available for us and, of course, the India opportunity which continues to grow. Help us understand that you have two of your key revenue streams that is the transaction advisory services and fund and asset management. So, going ahead, how do you see the mix of both of these two in your overall financials? Amit Goenka : A very interesting question. Both are very correlated. For example, we saw about 400 plus transactions last year in India alone and we did about eight of them. So, a very small percentage of the total pipeline gets converted into actual investments. But then, there are the balance about 380, 390 transactions which still need capital and a solution. So, we are able to actually convert them into advisory opportunities. But obviously as the AUM is growing, the shift will largely continue to be on the fund revenues. Last year, we were at 30% fund and 70% advisory. This year we are at about 66% advisory and 34% fund. We see that shift continuing with the growth in AUM to maybe 50-50 or 60-40 in the coming in this financial year. As the AUM grows, as we set ourselves to do a billion dollar AUM in the next couple of years, obviously that shift of revenue will continue in favour of asset management fees than only advisory fees and obviously that continues to be a recurring income, that is an annuity because once you manage a corpus of money, you get your annuity fees, you keep on having those recurring revenues and fees and carry which is a very large percentage of the balance sheet, so obviously that is something which you are very squarely focused on.
Zawya
3 days ago
- Business
- Zawya
Nisus Finance signs MoU with Toyow to tokenise up to $500mln in real estate assets
Dubai, United Arab Emirates: Nisus Finance Investment Consultancy FZCO (NiFCO Dubai) has signed a Memorandum of Understanding (MoU) with Xchain Technologies FZCO (Toyow), a leading blockchain-based forensic and advisory firm, for the tokenisation of funds and assets worth up to US$500 million (Dh1.83 billion), as the market shifts towards Web3 technology. Nisus Finance plans to conduct a Security Token Offering (STO) of its real estate assets under management (AUM) through Toyow's marketplace. Toyow will provide end-to-end technical support, including smart contract development, blockchain integration, and regulatory alignment. This is in line with the UAE's futuristic national vision focusing on technology and innovation. The news comes a few days after the Dubai Land Department (DLD) launched the region's first tokenised real estate investment project in collaboration with the Virtual Assets Regulatory Authority (VARA), the Central Bank of the UAE, and the Dubai Future Foundation (DFF). With DLD projecting tokenised real estate transactions to reach Dh60 billion by 2033 — or 7 percent of the total market — Dubai is clearly positioning itself as a global hub for asset tokenisation. 'This MoU will help us develop real estate funds on the Web3 blockchain technology platform – that is set to revolutionise investment in real estate in the future,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO), said. 'This would be our first such venture and depending on how the market responds, will usher in a new era in the UAE's high-growth real estate market. 'STO on a Web3 platform is secure, transparent and set to drive future real estate investment. Property developers are already introducing cryptocurrency and tokenisation as new channels of payment and raising funds. We are taking it a step forward by creating funds to accelerate the growth of the real estate market.' Tokenised private real estate funds are projected to grow to US$1 trillion by 2035, with a total market penetration rate of 8.5 percent. The tokenised ownership of loans and securitisations could grow to US$2.39 trillion by 2035, with a total market penetration rate of 0.55 percent, according to a report by the global business advisory firm Deloitte. As per the MoU, Xchain Technologies FZCO will tokenise Nisus Finance's Real Estate Assets Under Management (AUM) worth up to US$500 million (Dh1.83 billion) as security tokens on Toyow, a global multi-category tokenised Real World Assets (RWA) marketplace. Toyow will leverage its platform to provide technical and operational support, including regulatory compliance across the UAE, DIFC, and international jurisdictions. Investors holding the Toyow Token will be able to invest in this fund using Toyow Token ($TTN). Surajit Chanda, Co-founder, Toyow, says, 'Partnering with Nisus Finance on an STO of this scale underscores the growing maturity of real-world asset tokenization in the region. At Toyow, our mission is to unlock liquidity and access for high-quality assets by offering a secure, compliant, and scalable infrastructure. This collaboration reinforces our belief that institutional-grade tokenization is no longer a concept—it's here, it's accelerating, and it's changing how capital flows into real estate.' Toyow will also manage investor onboarding and KYC/AML compliance, provide secure wallet and custody infrastructure, and enable both primary issuance and secondary trading of the tokenised assets—all within a seamless, compliant ecosystem designed for institutional-grade scalability. Toyow is redefining access to real-world assets by enabling the tokenisation of categories like real estate, art, precious metals, alternative investments, and more, on-chain. Built for institutional-grade compliance and scalability, Toyow enables asset owners to digitise, fractionalise and monetise high-value assets, while offering investors secure, transparent access to global investment opportunities through a liquid, blockchain-powered marketplace. The partnership is part of Toyow's growing tokenisation pipeline valued at over US$38 billion across multiple asset classes and jurisdictions globally. As per the MoU, Toyow will list the tokenised real estate assets on its marketplace for primary and secondary trading, while managing liquidity mechanisms for the secondary trading of security tokens. In addition to these, Toyow will also oversee marketing, investor outreach, and awareness campaigns for the STO, in addition to providing a secure wallet infrastructure and custody solutions for tokenised assets. It will also handle all aspects of investor onboarding and operational execution for the STO, including customer support and transaction management. Disruptive technologies, such as asset tokenisation, are poised to transform real estate over the next few years. Built on blockchain technology, tokenisation converts physical or financial assets into fractional, digital representations that can be securely owned and traded online. 'Tokenised real estate could not only pave the way for new markets and products, but also give real estate organisations an opportunity to overcome challenges related to operational inefficiency, high administrative costs charged to investors, and limited retail participation,' according to a report by Deloitte. Tokenisation allows capital generation across the capital stack- including debt, equity, and hybrid funding on a single platform. Over the last eight years, since the first tokenised real estate deals were completed, tokenisation has helped open potential new avenues for real estate investment through fractional ownership, the report says. 'This technology could help build trillions of dollars of economic activity for the real estate sector over the next decade, in part, by allowing it to expand its investor base and product offerings. The Deloitte Center for Financial Services predicts that US$4 trillion of real estate will be tokenised by 2035, increasing from less than US$0.3 trillion in 2024, with a CAGR of 27 percent,' it said. About Nisus Finance Nisus Finance Services Co. Ltd. (NiFCO) is a leading, publicly listed real estate investment firm headquartered in India, with a proven track record of delivering high-yield, performance-driven assets across the country. In line with its global expansion strategy, NiFCO has extended its investor outreach across Southeast Asia, Europe, and the Middle East, bringing its deep sector expertise and innovative financial solutions to the UAE and broader GCC region. As part of this regional growth, NiFCO has launched the 'Nisus High Yield Growth Fund Closed Ended IC' ('Fund'), a DIFC-registered Property Fund and Qualified Investor Fund, incorporated under the laws of the Dubai International Financial Centre (DIFC). The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO ('NiFCO Dubai'), located in Dubai, UAE. Gateway Investment Management Services (DIFC) Limited has been appointed as the Fund Manager. For more information, visit Please tag Nisus Finance when sharing this information on your social media accounts. Instagram: Facebook: Nisus Finance, Amit Goenka LinkedIn: Nisus Finance Services Co. Ltd., Amit Goenka Twitter: NisusFinance About Toyow Toyow is a next-generation, multi-category tokenization platform enabling seamless access to real-world assets (RWAs) through blockchain technology. Built on the Base network, Toyow empowers institutions and investors to tokenize, trade, and manage physical and financial assets—from real estate, art and movies, to precious metals and alternative investments—on a unified, secure, and compliant marketplace. With a focus on regulatory integrity, investor protection, and scalable infrastructure, Toyow supports full-cycle tokenization services including smart contract development, STO launchpads, secondary trading, and custodial solutions. Its mission is to democratize ownership and unlock liquidity across traditionally illiquid asset classes for the next billion in Web3. To learn more, please visit: Please tag Toyow when sharing this information on your social media accounts. Instagram: @toyowofficial Facebook: Toyow LinkedIn: Toyow Twitter (X): @ToyowOfficial
Mint
6 days ago
- Business
- Mint
Nisus Finance Services share price slumps 10% post Q4 results. Should you buy, sell or hold?
Nisus Finance Services share price slumped 10% on Friday's session after the company announced its Q4 result. On Thursday, the firm reported an 28% year-on-year fall in its consolidated net profit (attributable to owners of the company) for the fiscal's fourth quarter ended March (Q4FY25) to ₹ 13.38 crore. The company had reported a profit of ₹ 18.76 crore in the year-ago period. Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities, said that post H2FY25 and FY25 results reported yesterday after market hours', today in the opening session stock reacted negatively based on high hopes while company reported earnings in line with their expectations. "We see FY26 would be the real financial year investors should watch out for high growth which would come from full utilisation of IPO funds,' said Prashanth Tapse. Nisus Finance Services consolidated total income stood at ₹ 33 crores during the quarter ended March (Q4FY25) from ₹ 30. 95 crore in Q4FY24, a year-on-year rise of 6.42%. For the complete fiscal year, the company recorded a consolidated net profit of ₹ 32.58 crore, representing a 35.5%% increase from ₹ 24.05 crore in the previous year. The total income jumped 56.37% to ₹ 67.30 crore in FY25 from ₹ 43.04 crore in FY24. FY25 was a year of significant strategic progression and platform development for Nisus Finance, as they pursued their goal of establishing themselves as a regionally diversified asset manager with a strong focus on real estate and urban infrastructure, believes Amit Goenka, Chairman & Managing Director of Nisus Finance Services Co Limited. 'Our expansion into the GCC, highlighted by the establishment of a presence in the DIFC and acquisitions in promising residential markets, demonstrates our commitment to building cross-border scale and secure long-term investment positions,' said Goenka. Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities said that post IPO in Dec 2024 Nisus Finance reported a healthy 35.5% rise in its net profit to ₹ 32.58 crore for the financial year ended March 2025 and company's total income surged 56.37% to ₹ 67.30 crore during FY25, whereas (EBITDA) rose 22.1% to ₹ 44.48 crore. According to Tapse, overall growth is driven by mix aligns with business strategic model: advisory revenues capitalize on high-value transactions, while fund management generates recurring income, which scaled AUM growth. Assets under management (AUM) also grew 55% to around ₹ 1,572 crore as of March 31, 2025. The increase was attributed to a robust deal pipeline and disciplined investment strategy across India and the Gulf Cooperation Council (GCC) region. The company has effectively leveraged its IPO to expand, and its dual focus on advisory and asset management services is producing strong returns. IPO significantly strengthened brand and capital base, boosting liquidity and providing ample capital for growth in FY 2026. On IPO fund usage disclosures, Prashanth Tapse explained that the planned expansions into IFSC-GIFT City (India), DIFC-Dubai (UAE), and FSC-Mauritius are critical growth levers and which could deliver results in coming 6 months. 'We see a balanced and scalable business model and expect fund management income (annuity-type) to increase in share in FY2026,' added Tapse. Nisus has guided target of ₹ 4,000 crore AUM from ₹ 1,572 crore which translates to ~150% growth with blended Revenue-to-AUM Yield ~3% – 3.5%. With a proven integrated platform, strong institutional partnerships, and a cross-border footprint, Nisus is well-positioned for outsized value creation in FY26 and beyond. Prashanth Tapse said that considering the unique business model, investors should look beyond quarter-to-quarter earnings and treat Nisus as a long-term wealth creation story, driven by a unique integrated platform and high growth business segments. 'Hence recommend long term investors to accumulate given scalable business model, recurring income visibility, and high-growth AUM strategy while short term investors can wait and watch for a good discounted price opportunity due to post result profit booking and market volatility. Technically ₹ 260-275 can be best range for Accumulation for long term investors as well as short term traders,' said Tapse. On Friday, Nisus Finance Services share price ended 10% lower at ₹ 326.90 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
