IPO

Find the Right IPO for your investment Needs

Novus Loyalty Ltd

Registered Office: 727 Udyog Vihar Phase V,Industrial Complex Dundahera, Gurgaon - 122016, Haryana, India.
Phone : 97171 54514   Fax:
Email :  investor@novus-loyalty.com  
Website :  www.novus-loyalty.com

Initial public offer of 41,20,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of Novus Loyalty Limited ("The Company" or "Novus" or "NLL" or "The Issuer") at an offer price of Rs. 146 per equity share for cash, aggregating to Rs.60.15 Crore comprising of fresh offer of up to 33,00,000 equity shares aggregating to Rs. 48.18 Crore ("Fresh Issue") and an offer for sale of 8,20,000 equity shares by Deepak Tomar and Sweta Singh ("Selling Shareholders") aggregating to Rs. 11.97 Crore ("Offer For Sale") ("Public Offer"). The offer included a reservation of 2,30,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 146 per equity share for cash, aggregating Rs. 3.36 Crore was reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 38,90,000 equity shares of face value of Rs.10/- each, at an offer price of Rs. 146 per equity share for cash, aggregating to Rs. 56.79 Crore is herein after referred to as the "Net Offer". The public offer and net offer constituted 26.49% and 25.02%respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 146/- per equity share of face value of Rs. 10/- each. The floor price is 14.60 times of the face value of the equity shares. Bids can be made for minimum of 1,000 equity shares and in multiples of 1,000 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
17-Mar-26 20-Mar-26 146.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 1000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Smart Horizon Capital Advisors Private Limited
Project Financed through Current Offer 60.15  
Post Issue Equity Share Capital 15.55  
Issue Price 146.00  

Project

  • Funding of expenditure towards Investment in upgrading enhancement of and development of new products
  • Business Development and Marketing Activities including manpower hiring
  • General corporate purposes and unidentified inorganic acquisition

Promoted By

Deepak Tomar

Sweta Singh

Listing At

BSE - SME

Registrar to the Issue

KFin Techologies Ltd