SIS Share Price

Security and Intelligence Services (India) Limited (SIS) is India's preeminent supplier of private security facility management and cash logistics services. The organization is Australia's biggest security services provider and the second-largest and fastest-growing in India. As a bonus, it ranks as India's number two provider of FM services. In India, they are the number two supplier of cash logistics services. The company has expanded its service offerings to capitalize on the expanding demands of a wide range of customers in India, including businesses, government agencies, and private families.

In addition, it boasts India's most extensive network of qualified human resources professionals. The Sinha brothers, Ravindra and Rituraj, are the company's promoters. On January 2, 1985, a private limited company called Security and Intelligence Services (Eastern India) Private Limited was formed, which later changed its name to Security and Intelligence Services (India) Limited. On May 27, 1992, the firm changed its name to "Security and Intelligence Services (India) Private Limited" to better reflect its focus on providing services to all of India. After becoming a public limited corporation on July 29, 1993, the Company rebranded as "Security and Intelligence Services (India) Limited."

All departments within the organization started using ISO 9001 in 2005. During the reviewed fiscal year, the firm expanded into the cash logistics services market. The first release of SIS ERP occurred in 2006. Company headcount increased to about 1000 during the year under study. The investment was made by D. E. Shaw Composite Investments (Mauritius) Limited PCC in 2008. The firm began offering mechanical cleaning throughout the reviewed period. CRISIL, a credit rating agency, gave the firm an "SME 1" grade for the fiscal year under review.

As of the end of the fiscal year under review, the firm had paid a total of AUD 45 million to purchase MSS Security from Chubb Security Australia Pty. Limited. The firm partnered with Prosegur Spain to better handle cash logistics in 2011. The firm formed a joint venture with Terminix US during the fiscal year under review to get into the pest management market. When D. E. Shaw liquidated its stake in the firm in 2013, it had already reached its maximum value. A pair of CX Partners, Theano and AAJV, invested in the business within the analyzed period.

Consolidated sales for the fiscal year concluded on March 31, 2013, were more than Rs 2500 crore. In December 2014, the firm purchased ISS SDB Security Services Private Limited's cash logistics operations. As of 2015, the corporation has over a million workers. According to Frost & Sullivan, the firm grew to be India's second-biggest cash logistics operator over the study period. The company's consolidated revenue for the fiscal year ending 31 March 2015 was above Rs 3500 crore. MSS Security, a parent firm-owned subsidiary, was awarded ISO 9001:2008 certification in 2016 for its quality management system for security personnel services at contracted sites around Australia. With an agreement to increase its shareholding to 100% over the next three years (under which it acquired a further 7.2% of Dusters' outstanding equity on 31 July 2017), the company acquired 78.72% of the outstanding equity shares of Dusters Total Solutions Services Private Limited (Dusters) during the fiscal year under review.

According to Frost & Sullivan, as of 31 March 2016, Dusters was India's fourth biggest supplier of facility management services.

In 2017, the company acquired 51% of Andwills Pty Ltd through its indirect subsidiary SIS Australia Group, which led to an additional 41% of voting rights in Southern Cross Protection Pty. Ltd. (SXP) (one of the former associates of the company). Consequently, Andwills Pty Ltd, SX Protective Services Pty Ltd, SXP, and subsidiaries of SXP became subsidiaries of the company. Between July 31 and August 2, 2017, the firm made its stock available via an initial public offering (IPO). The selling stockholders offered to sell 51.2 million equity shares in addition to the new issuance of Rs 362.25 crore in the IPO.

On August 10, 2017, shares of the company's stock began trading on the Bombay Stock Exchange (BSE) for Rs 875, a premium of 7.36 per cent over the initial public offering (IPO) price of Rs 815. On August 2, 2018, SIS, which is short for Security and Intelligence Services (India), Limited, stated that it would acquire a 51% share in SLV Security Services (SLV), also based in Gurgaon. Since its initial public offering, this is SIS's first major acquisition. Founded by the Swara brothers, Vishal and Shyam, 1986 marks the year of SLV's incorporation. Do you want to know the SIS Shares? Click Here to know about today’s SIS Share Price.