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SIS Cash Services Files Draft Papers For IPO

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SIS Money Companies is at present the second-largest money logistics supplier in India by income for fiscal 2024, with an estimated market share of 17-18%, in accordance with a Crisil Report.

The corporate supplies a variety of money logistics providers. Its core choices embody cash-in-transit options, retail money administration (doorstep banking), ATM money replenishment and first-level upkeep, in addition to money assistant and money peon providers. The agency additionally provides money processing outsourcing providers and safe logistics options for bullion, jewelry and different high-value belongings.

For the 9 months ended December 2024, SIS Money Companies reported income from operations of Rs 5,298.6 crore with a revenue after tax of Rs 387.4 crore. The corporate has a debt pile of Rs 2,753.3 crore as of Dec. 31, 2024.



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