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Novus Loyalty Ltd. IPO Details – Price, Date, GMP & Analysis
Closed
SME
Price Range:
Rs.139.00 to 146.00
Issue Size:
Rs.60.15 Cr
Lot Size:
2000 shares
Open Date:
March 17
Novus Loyalty Ltd. IPO Overview
Bidding Dates
March 17 - March 20
Min Investment
₹278,000
Price Range
₹139.00 to 146.00
Issue Size
₹60.15 Cr
IPO DRHP Doc
Not Available
Company Overview
Incorporated in 2011, Novus Loyalty is a technology-driven company that provides loyalty and rewards solutions for various industries. It offers a modern loyalty platform with customizable and ready-to-use program models, including point-based rewards and digital vouchers. The platform is flexible, integrates easily with existing systems, and works across web, mobile apps, and physical stores. It provides both on-premises and SaaS models along with AI-powered analytics. The company operates in both Indian and international markets, serving customers in various states in India and globally in the UAE, USA, Australia, and Puerto Rico.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 29.35% | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 21.23% | Oversubscribed |
| RII (Retail Individual Investors) | 49.42% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
No Premium
Est. Listing:
Rs.146
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- Significant dependence on a few key customers for a large share of revenue.
- Rapid technological changes may require continuous product upgrades and innovation.
- Inability to adapt quickly to evolving customer needs and market trends may affect growth.
- Business operations may be impacted by regulatory or macroeconomic changes in India.
- Growth depends on the ability to attract and retain skilled technology and management talent.
IPO Details
IPO Reservation
Share Reservation Distribution
QIB
1,940,000 shares (47.09%)
Retail
1,364,000 shares (33.11%)
Anchor Investors
1,130,000 shares (27.43%)
QIB (Ex-Anchor)
810,000 shares (19.66%)
HNI (NII)
586,000 shares (14.22%)
bNII (>₹10L)
391,000 shares (9.49%)
Market Maker
230,000 shares (5.58%)
sNII (<₹10L)
195,000 shares (4.73%)
IPO Subscription Status
Key Dates
Open Date:March 17
Close Date:March 20
Listing Date:March 25
