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.
Novus Loyalty IPO Listing Details
| Listing Date | March 25, 2026 |
| BSE Code | 544735 |
| ISIN Code | INE1TFS01019 |
| Offer Price | ₹139 to ₹146 |
| Face Value | ₹10 |
| Listing Price | ₹146 |
Details about Novus Loyalty IPO
Novus Loyalty has received approval from SEBI for an IPO of ₹60.15 crores. In which the firm will raise ₹48.18 crores via fresh issue and OFS of up to 8,20,000 equity shares with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹139 to ₹146 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 ₹2,92,000.
- S-HNI (Minimum): Minimum investment of ₹4,38,000.
- S-HNI (Max): Maximum investment of ₹8,76,000
- B-HNI (Min): Minimum investment of ₹10,22,000
Subscription duration of the Novus Loyalty IPO
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 Company
- 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 IPO
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 ₹104.63 crores in 2025 against ₹73.61 crores in 2024. The company reported a profit of ₹3.58 crores in 2025 against a profit of ₹2.96 crores in 2024.
