Nisus Finance Unlocks Value with High-Yield Exit from Shapoorji Pallonji Deal

Nisus Finance Services Co Limited, an investment management firm specializing in urban infrastructure and structured finance, has successfully completed the first exit under its Real Estate Special Opportunities Fund — 1 (RESO-I), through an investment in Suvita Real Estate Private Limited, a wholly owned subsidiary of Shapoorji Pallonji Real Estate Private Limited (SPRE). Nisus Finance had invested INR 105 crore in Senior Secured Rated Listed Non-Convertible Debentures (NCDs) issued by Suvita Real Estate Private Limited in January 2024. These NCDs were fully redeemed by SPRE using internal accruals and capitalization, delivering an internal Rate of Return (IRR) of 18.74%. This exit marks a key milestone for RESO-I and underscores Nisus Finance’s commitment to structured real estate investments.