Novus Loyalty GMP IPO Date, Review, Price, Allotment Details
Novus Loyalty IPO Summary
IPO Open Date: 17 Mar 2026
IPO Close Date: 20 Mar 2026
Price Band: ₹139 to ₹146 Per Share
Issue Size: Approx ₹60.15 Crores
Listing Exchange: BSE SME
Website: https://www.novus-loyalty.com/
Novus Loyalty IPO Overview
Novus Loyalty IPO is a book build issue of ₹60.15 crores. The issue is a combination of fresh issue of 0.33 crore shares aggregating to ₹48.18 crores and offer for sale of 0.08 crore shares aggregating to ₹11.97 crores.
Novus Loyalty IPO opens for subscription on Mar 17, 2026 and closes on Mar 20, 2026. The allotment for the Novus Loyalty IPO is expected to be finalized on Mar 23, 2026. Novus Loyalty IPO will list on BSE SME with a The tentative listing date fixed as Mar 25, 2026.
Novus Loyalty IPO price band is set at ₹139 to ₹146 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,92,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,38,000.
Novus Loyalty IPO Details
| Company Name | Novus Loyalty Ltd |
| IPO Open Date | 17 Mar 2026 |
| IPO Close Date | 20 Mar 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹139 to ₹146 Per Share |
| Issue Size | Approx ₹60.15 Crores |
| Fresh Issue | Approx ₹48.18 Crores |
| Offer for Sale | Approx 8,20,000 Equity Shares |
| Issue Type | Book build Issue |
| Listing On | BSE SME |
Novus Loyalty IPO Market Lot
The Novus Loyalty IPO minimum market lot is 2,000 shares with ₹2,92,000 application amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,92,000 |
| Retail Maximum | 2 | 2,000 | ₹2,92,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,38,000 |
| S-HNI Maximum | 6 | 6,000 | ₹8,76,000 |
| B-HNI Minimum | 7 | 7,000 | ₹10,22,000 |
Novus Loyalty IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 11,30,000 Shares | 27.43% |
| QIB (Ex. Anchor) | 8,10,000 Shares | 19.66% |
| NII / HNI | 5,85,000 Shares | 14.20% |
| Retail | 13,65,000 Shares | 33.13% |
Anchor Bidding Date: 16 Mar 2026
Novus Loyalty IPO Dates & Allotment
The Novus Loyalty IPO date is March 17, and the close date is March 20. The Novus Loyalty IPO allotment will be finalized on March 23, and the IPO listing on March 25.
| IPO Opening Date | 17 Mar 2026 |
| IPO Closing Date | 20 Mar 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 23 Mar 2026 |
| Refunds Initiation | 24 Mar 2026 |
| Credit to Demat | 24 Mar 2026 |
| IPO Listing Date | 25 Mar 2026 |
Novus Loyalty IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Funding of expenditure towards Investment in upgrading enhancement of and development of new products | ₹13.00 |
| Business Development and Marketing Activities including manpower hiring | ₹9.62 |
| General corporate purposes and unidentified inorganic acquisition | ₹- |
Novus Loyalty Ltd Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹59.61 | ₹58.81 | ₹0.55 | ₹13.38 |
| 2024 | ₹73.61 | ₹69.56 | ₹2.96 | ₹12.36 |
| 2025 | ₹104.63 | ₹99.57 | ₹3.58 | ₹14.81 |
| Sep 2025 | ₹71.43 | ₹63.79 | ₹5.80 | ₹21.83 |
Novus Loyalty IPO Valuation
Check Novus Loyalty IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹2.93 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 31.74% |
| Return on Capital Employed (ROCE) | 40.40% |
| Return on Net Worth (RoNW) | 27.39% |
| Net Asset Value (NAV) | ₹10.68 |
| EBITDA Margin | 5.44% |
| PAT Margin | 3.43% |
| Debt to Equity Ratio | – |
Novus Loyalty IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| Pelatro Limited | 5.64 | 53.72 | 6.31% | 77.64 | – Cr. |
Novus Loyalty IPO Promoters & Holding Pattern
The promoters of the company are Deepak Tomar and Sweta Singh.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,22,50,200 | 95.62% |
| Promoter Holding Post Issue | 1,55,50,200 | -% |
Novus Loyalty IPO Lead Managers (Merchant Bankers)
- Smart Horizon Capital Advisors Pvt.Ltd.
About Novus Loyalty Ltd
Novus Loyalty is a global provider of advanced customer engagement and loyalty management solutions designed to foster long-term brand affinity. The company utilizes cutting-edge AI and data analytics to deliver personalized reward experiences that drive customer retention and revenue growth. By combining strategic consulting with a robust technology stack, Novus Loyalty helps businesses across various sectors build sustainable and meaningful consumer relationships.
Novus Loyalty Ltd Address
Gurgaon, Haryana, 122016Phone: 9717154514
Email: [email protected]
Novus Loyalty IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/