The Novus Loyalty IPO was subscribed 1.55 times on the last day, while the retail quota was subscribed 1.82 times, QIB subscribed 1.38 times, and the NII quota subscribed 1.17 times, respectively.Ā Ā Ā
Novus Loyalty IPO Listing Details
| Listing Date | March 25, 2026 |
| BSE Code | – |
| BSE Code | – |
| ISIN Code | – |
| Offer Price | ā¹139 to ā¹146 |
| Face Value | ā¹10 |
| Listing Price | – |
Details about Novus Loyalty IPOĀ Ā
Novus Loyalty has received approval from SEBI for an IPO of ā¹60.15 crores. In which the firm will raise ā¹48.18 crores via fresh issue and OFS of up to 8,20,000 equity shares with a face value of ā¹10 each.
Moreover, the company has set up a price band between ā¹139 to ā¹146 per share.
In this IPO, a total of 2,000 shares were available in 2 lot sizes for the minimum Retail category and maximum Retail category. S-HNI (Min) has a total of 3,000 shares in 3 lot sizes. S-HNI (Max) has a total of 6000 shares in 6 lot sizes. B-HNI (Min) has a total of 7000 shares in 7 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum & Maximum investment of ā¹2,92,000.Ā
- S-HNI (Minimum): Minimum investment of ā¹4,38,000.
- S-HNI (Max): Maximum investment of ā¹8,76,000
- B-HNI (Min): Minimum investment of ā¹10,22,000
Subscription duration of the Novus Loyalty IPOĀ
The opening date of the Novus Loyalty IPO subscription was March 17, 2026, and the closing date was March 20, 2026. The Novus Loyalty IPO allotment was finalized on March 23, 2026, and the IPO listing is on March 25, 2026.
Funds Deployment of This CompanyĀ
- Funding of expenditure towards Investment in upgrading enhancement of and developing new products.
- Some funds will be used towards Business Development and Marketing Activities, including manpower hiring.
- Lastly, some funds will be used for the general Corporate Purpose
About the Novus Loyalty IPOĀ
Incorporated in 2011, Novus Loyalty is one of the growing companies that provides loyalty and rewards solutions. The firm provides both ready-to-use and customizable solutions, such as point-based rewards, event-triggered campaigns, cashback systems, purchase-linked promotions, and digital vouchers.
Its platform offers both On-premises and SaaS (cloud-based) solutions with AI analytics. Novus loyalty has set its presence in both the domestic market, in states like Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka, and the international market in the UAE, USA, Australia, and Puerto Rico. Its services cater to various industries like Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and more.
Novus Loyalty IPO Company Financial Report
The company reported revenue of ā¹104.63 crores in 2025 against ā¹73.61 crores in 2024. The company reported a profit of ā¹3.58 crores in 2025 against a profit of ā¹2.96 crores in 2024.
