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Novus Loyalty Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹146
Per Share
GMP
NIL
Grey Market
Est. Listing
₹146
Expected Price
Min. Application
₹292,000
2 lots × 1000 shares
IPO Issue Details
Issue Price / Price Band₹146 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size41,20,000 shares (agg. up to ₹60 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 17 Mar 2026
Subscription CloseFri, 20 Mar 2026
Anchor AllotmentMon, 16 Mar 2026
Basis of AllotmentMon, 23 Mar 2026
Initiation of RefundsTue, 24 Mar 2026
Credit of Shares to DematTue, 24 Mar 2026
Listing DateWed, 25 Mar 2026
UPI Mandate Deadline5:00 PM on 20 Mar 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹2,92,000 — 2,000 shares
Retail — Max (13 Lots)₹1,898,000 (13 Lots)
HNI — Min (3 Lots)₹4,38,000 — 3,000 shares
EPS (Pre-IPO)₹2.93
EPS (Post-IPO)₹7.47
P/E Ratio (Pre-IPO)49.89x
P/E Ratio (Post-IPO)19.56x
Net Offer to Public38,90,000 shares (agg. up to ₹57 Cr)
Reserved for Market Maker2,30,000 shares (agg. up to ₹3 Cr)
Pre-IPO Promoter Holding1,22,50,200 shares
Post-IPO Promoter Holding1,55,50,200 shares
Fresh Issue Shares30,70,000 shares (agg. up to ₹45 Cr)
Offer for Sale Shares8,20,000 shares of ₹10 (agg. up to ₹12 Cr)
About Novus Loyalty Ltd

Incorporated in 2011, Novus Loyalty is a technology-driven company that provides loyalty and rewards solutions for industries like Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and more. The company offers a modern loyalty platform built with the latest technology.The company provides both customizable and ready-to-use program models, including point-based rewards, event-triggered campaigns, cashback systems, purchase-linked promotions, and digital vouchers. Its platform is flexible, easy to integrate with existing systems, and works across web, mobile apps, and physical stores for a smooth customer experience.It offers both On-premises with infrastructure and SaaS (software as a service) models along with AI powered analytics to its clients.On-Premises: Installed on the client’s servers or private cloud for full data control ideal for large businesses with strict security needs.SaaS (Cloud-based): Subscription model that’s easy to set up and manage perfect for businesses that need a quick and scalable solution.Market presence: The company operates in both Indian and international markets. In the domestic market, it serves customers across the states of Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka while it serves customers globally in UAE, USA, Australia, and Puerto Rico.As of January 31, 2026, the company had around 50 personnel.Competitive StrengthsComprehensive Loyalty SolutionsExperienced promoters and management teamQuality assurance and quality certificationClients in international markets

Objects of the Issue

Novus Loyalty Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Funding of expenditure towards Investment in upgrading enhancement of and development of new products
13.00
2
Business Development and Marketing Activities including manpower hiring
9.62
3
General corporate purposes and unidentified inorganic acquisition
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,22,50,200 shares
Post-IPO Promoter Holding 1,55,50,200 shares
Check AllotmentCheck Status →
Novus Loyalty Ltd — Live Price LIVE
₹146.00
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Issue ₹146.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹146
GMPNIL
Est. Listing₹146
Lot Size1,000 shares
Min Amount₹292,000
Listing Date25 Mar 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹146
Listing Date25 Mar 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 230,000 ₹3.36 Cr
TOTAL 4,120,000 100.00% ₹60.15 Cr
* Based on ₹146.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,000
Shares
Issue Price
₹146.00
Per Share
Min Investment
₹146,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,000 ₹146,000
Retail (Max) 13 13,000 ₹1,898,000
sNII (Min) 14 14,000 ₹2,044,000
bNII (Min) 68 68,000 ₹9,928,000
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 71.43 104.63 73.61
EBITDA 7.79 5.69 4.82
Profit After Tax (PAT) 5.80 3.58 2.96
Net Worth 18.89 13.09 9.50
Total Assets 21.83 14.81 12.36
Reserves & Surplus 6.64 13.08 9.49
Total Borrowings N/A N/A 0.82
Key Ratios & Valuation
Issue Price ₹146
Face Value ₹10 Per Share
P/BV 9.47
RoE 36.30%
RoCE 40.64%
RoNW 30.73%
PAT Margin (%) 8.13%
EBITDA Margin (%) 10.91%
Debt / Equity N/A
Company Details
Company
Novus Loyalty Ltd
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
727, Udyog Vihar Phase V Industrial Complex Dundahera, Gurgaon, Haryana, 122016
Book Running Lead Managers
Smart Horizon Capital Advisors Pvt.Ltd
Book Running Lead Manager (BRLM)