NIS Management Secures ₹11.90 Cr Security Services Work Order from WBSEDCL in West Bengal

NIS Management Secures ₹11.90 Cr Security Services Work Order from WBSEDCL in West Bengal​

NIS Management Limited, a leading provider of integrated services specializing in security and facility management, has been awarded a work order by West Bengal State Electricity Distribution Company Limited (WBSEDCL). The contract focuses on the deployment of security personnel across various site offices within the state jurisdiction.

The total value of the two-year contract is ₹11.90 Cr, which includes Goods and Services Tax (GST). This engagement further solidifies NIS Management’s presence in West Bengal.

Under the terms of the work order, NIS Management will deploy approximately 250 security personnel to provide safety, security, and guarding services for WBSEDCL's installations and equipment across its sites. The contract also specifies a service charge equivalent to 10% of the applicable gross amount, excluding bonus, according to contractual guidelines.

The company stated that this order strengthens its operational capabilities in West Bengal, reinforcing its focus on expanding relationships with institutional and public-sector clients in the region.

Commenting on the achievement, Debajit Choudhury, Chairman & Managing Director of NIS Management Limited, expressed satisfaction with securing the contract from WBSEDCL. He noted that the work order enhances their presence in West Bengal, a key market where the company has built strong operational capabilities over the years. Choudhury added that the engagement allows the company to expand its contribution to the safety and security of critical installations across various locations.

Company Overview​

NIS Management Limited was founded in Kolkata in 1985 as a provider of security and investigative services, becoming a corporate entity in 2006. The company has since expanded into facility management, electronic security, and skill development.

The organization currently manages a workforce of about 18,000 personnel across 14 states, supporting operations at approximately 1,500 sites. Its diverse clientele includes banks, manufacturing units, healthcare institutions, airports, public sector enterprises, and retail companies. NIS Management Limited operates in conjunction with Facility Management Services Private Limited for electronic security solutions and Keertika Academy Private Limited, an NSDC-recognised training partner.

The company was listed on the BSE SME platform on September 2, 2025.

Stock Price Movement​

NIS Management Ltd closed out the trading day on Friday, seeing its shares settle at ₹48.00 after ticking up 6.19%. Shares moved through a tight intraday range during the session, bouncing from a low of ₹46.50 to reach the closing level.