Notification
No new Notification messages
Waaree Energies IPO is Open!
Apply for the Waaree Energies IPO through UPI in just minutes.
Q2 FY'24-25 Results of Top Companies
Reliance, TCS, HDFC Bank & more: Explore key financial highlights from India's top quarterly results.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
Trade Now, Pay Later with up to 4x Leverage
Never miss a good trading opportunity due to low funds with our MTF feature.

Nova Agritech Ltd

Fertilizers

Offer Period :

23rd to 25th Jan 2024

Founded in May 2007 in Hyderabad, Nova AgriTech produces environmentally friendly products for soil health, plant nutrition, and crop protection. With 629 registrations, it collaborates with farmers, Read more... employing a network of 13 Kisan Mitras, 253 Kisan Sevaks, and 32 NKSK Coordinators for personalized farmer engagement.Read less

Nova Agritech Ltd IPO Details

IPO Date 23rd to 25th Jan 2024 Minimum Investment ₹14965 / 1 Lots
Listing Date 2024-01-31 Maximum Investment ₹194545 / 13 Lots
Face Value ₹2 per share Total Issue Size ₹143.81 Crores
Price ₹41 to ₹41 per share Fresh Issue ₹112 Crores
Lot Size 1 Lots (365 Shares) Offer For Sale ₹ 31.81
Listing At BSE, NSE Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 23rd to 25th Jan 2024
Listing Date 2024-01-31
Face Value ₹2 per share
Price ₹41 to ₹41 per share
Lot Size 1 Lots (365 Shares)
Listing At BSE, NSE
Employee Discount ₹0 per share
Minimum Investment ₹14965 / 1 Lots
Maximum Investment ₹194545 / 13 Lots
Total Issue Size ₹143.81 Crores
Fresh Issue ₹112 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

23rd Jan

IPO Starts

25th Jan

IPO Ends

29th Jan

Allotment Date

30th Jan

Initiation of Refund

30th Jan

Credit of Shares to Demat Account

31st Jan

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 84.27 0
Public Group 15.73 0

Nova Agritech Ltd IPO Reservation

QIB Shares Offered 7015139(20%)
NII (HNI) Shares Offered 5261354(15%)
Retail Shares Offered 12276492(35%)
Anchor Investor Shares Offered 10522708(30%)
Total Shares Offered 35075692
Total Shares With Anchor Investor 35075692

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Nova Agritech Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 22 6263 8200
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

Nova Agritech Ltd IPO Lead Manager

1. Keynote Financial Services Ltd

2. Bajaj Capital Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Nova Agritech Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Nova Agritech Ltd

1. One stop solution for soil health management, crop nutrition, bio stimulant, bio pesticides, Integrated Pest Management (IPM) and crop protection through diversified branded product portfolio.

2. Established distribution network across various geographies through many dealers.

3. Strengthening farmer outreach through Nova Kisan Seva Kendra.

4. Technology driven product development and marketing.

5. Focus on ecologically sustainable and nutritionally balanced products.

6. Experienced Management Team and Promoters.

7. Well Equipped Research & Development facility.

Risks Involved

1. The strength of its brands is crucial to the company growth and success and its may not succeed in continuing to maintain and develop the company brands.

2. The company propose to utilise portion of the Net Proceeds of the Offer for investment in its subsidiary, Nova Agri Sciences Private Limited for setting-up formulation plant and funding Capital Expenditure by the Company towards setting up its formulation plant, which may be subject to delays, cost overruns, and other risks and uncertainties.

3. The company intend to utilize a portion of the Net Proceeds towards investment in its subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant and towards funding Capital Expenditure in Nova Agritech Limited for expansion of the existing formulation plant. The company has yet to place orders for plant and machinery for the proposed new formulation plant and expansion of its existing formulation plant. Any delay in undertaking such and not adhering to the schedule of implementation could have a material adverse effect on the company business growth and prospects, financial condition and results of operations.

4. The company's business depends on the Promoters and senior management and its ability to attract and retain key personnel. Any attrition rate of the company senior management may affect its business growth.

5. If the company is unable to effectively manage or expand the dealer network and operations or pursue its growth strategy and maintain healthy relations with existing dealers, The company sales may be affected and its may not achieve the company expected levels of profitability which may adversely affect its business prospects, financial condition and results of operations.

6. The company is required to obtain and maintain various licences and permits for its business.

7. The company Promoter and certain of its Directors may have interest in entities, which are engaged in lines of business similar to that of the Company. Any conflict of interest which may occur between its business and the activities undertaken by such entities could adversely affect the company business and prospects.

8. The Company, its Subsidiaries, Promoters and Directors are involved in certain legal proceedings and potential litigation. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business and results of operations.

9. The agreements governing the Company's indebtedness contain conditions and restrictions on its operations, additional financing and capital structure.

10. The Company has negative cash flow during certain fiscal years; details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
  2024 2023 2022
Total Assets 297.99 180.78 160.3
Total Liabilities 297.99 180.78 160.3
Total Expenses 219.15 182.77 167.17
Total Revenue 
252.51 210.93 185.61
Profit After Tax 28.31 20.49 13.69
EBITDA 44.35 39.33 27.82
Adjusted EBITDA 0 0 0

Nova Agritech Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-01-31 544100 NOVAAGRI
INE02H701025
₹41 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹41 ₹41
Open ₹56 ₹55
Low ₹55 ₹55
High ₹58.79 ₹57.75
Low ₹55 ₹55

Frequently Asked Questions

What is Nova Agritech Ltd IPO?

Answer Field

Nova Agritech Ltd IPO is a Mainboard IPO of 3,50,75,692 equity shares of a face value of ₹2 aggregating up to ₹143.81 Crores. The issue is priced at ₹41 to ₹41 per share. The minimum order quantity is 365 Shares. The IPO opens on January 23, 2024, and closes on January 25, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE,NSE.

When Nova Agritech Ltd IPO will open?

Answer Field

The Nova Agritech Ltd IPO opens on January 23, 2024 and closes on January 25, 2024.

What is the lot size of Nova Agritech Ltd?

Answer Field

Nova Agritech Ltd lot size is 365 shares, and the minimum amount required is ₹14,965.

How to apply for Nova Agritech Ltd IPO?

Answer Field

You can apply in Nova Agritech Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Nova Agritech Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Nova Agritech Ltd IPO will be done on January 29, 2024, and the allotted shares will be credited to your demat account by January 30, 2024.

When is Nova Agritech Ltd IPO listing date?

Answer Field

The Nova Agritech Ltd listing date is January 31, 2024.

Who is the registrar of Nova Agritech Ltd IPO?

Answer Field

The registrar of Nova Agritech Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Keynote Financial Services Ltd,Bajaj Capital Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Nova Agritech Ltd IPO?

Answer Field

The fresh issue size is ₹112 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Nova Agritech Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 365 shares and ₹14,965 amount.

How can I approve the UPI mandate request for Nova Agritech Ltd IPO?

Answer Field

To apply for Nova Agritech Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Nova Agritech Ltd?

Answer Field

The price of each Nova Agritech Ltd share will be ranging in between ₹41 to ₹41 per share.

What is the cut-off time for the UPI mandate for Nova Agritech Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, January 25, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • PREMIUM PLAST LIMITEDSME IPO

  • Bidding Dates

    21st Oct 2024 - 10th Oct 2024

  • Price Range

    ₹46.0 - 49.0

  • IPO Size

    ₹26,20,00,000

  • Apply Now
  • WAAREE ENERGIES LIMITEDMainboard IPO

  • Bidding Dates

    21st Oct 2024 - 10th Oct 2024

  • Price Range

    ₹1427.0 - 1503.0

  • IPO Size

    ₹43,21,44,00,000

  • Apply Now
  • UNITED HEAT TRANSFER LIMITEDSME IPO

  • Bidding Dates

    22nd Oct 2024 - 10th Oct 2024

  • Price Range

    ₹56.0 - 59.0

  • IPO Size

    ₹30,00,00,000

  • Apply Now
  • DANISH POWER LIMITEDSME IPO

  • Bidding Dates

    22nd Oct 2024 - 10th Oct 2024

  • Price Range

    ₹360.0 - 380.0

  • IPO Size

    ₹1,97,90,00,000

  • Apply Now
  • OBSC PERFECTION LIMITEDSME IPO

  • Bidding Dates

    22nd Oct 2024 - 10th Oct 2024

  • Price Range

    ₹95.0 - 100.0

  • IPO Size

    ₹66,02,00,000

  • Apply Now
  • GODAVARI BIOREFINERIES LIMITEDMainboard IPO

  • Bidding Dates

    23rd Oct 2024 - 10th Oct 2024

  • Price Range

    ₹334.0 - 352.0

  • IPO Size

    ₹5,54,75,00,000

  • Apply Now
  • USHA FINANCIAL SERVICES LIMITEDSME IPO Early Access

  • Bidding Dates

    24th Oct 2024 - 10th Oct 2024

  • Price Range

    ₹160.0 - 168.0

  • IPO Size

    ₹98,45,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • PELATRO LIMITEDSME IPO

  • Bidding Dates

    16th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹190.0 - 200.0

  • IPO Size

    ₹55,98,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • WOL 3D INDIA LIMITEDSME IPO

  • Issue Price

    150.00

  • Listing Day Close

    189.05

  • Listing Day (Gain/Loss)

    26.00

  • RAPPID VALVES INDIA LIMITEDSME IPO

  • Issue Price

    222.00

  • Listing Day Close

    309.35

  • Listing Day (Gain/Loss)

    39.19

  • MANBA FINANCE LIMITEDMainboard IPO

  • Issue Price

    120.00

  • Listing Day Close

    157.45

  • Listing Day (Gain/Loss)

    30.83

  • PHOENIX OVERSEAS LIMITEDSME IPO

  • Issue Price

    64.00

  • Listing Day Close

    60.80

  • Listing Day (Gain/Loss)

    -4.69

  • S D RETAIL LIMITEDSME IPO

  • Issue Price

    131.00

  • Listing Day Close

    150.90

  • Listing Day (Gain/Loss)

    15.27

  • BIKEWO GREEN TECH LIMITEDSME IPO

  • Issue Price

    62.00

  • Listing Day Close

    47.25

  • Listing Day (Gain/Loss)

    -24.19

  • AVI ANSH TEXTILE LIMITEDSME IPO

  • Issue Price

    62.00

  • Listing Day Close

    71.15

  • Listing Day (Gain/Loss)

    14.52

  • KALANA ISPAT LIMITEDSME IPO

  • Issue Price

    66.00

  • Listing Day Close

    47.40

  • Listing Day (Gain/Loss)

    -28.79

  • ARKADE DEVELOPERS LIMITEDMainboard IPO

  • Issue Price

    128.00

  • Listing Day Close

    165.85

  • Listing Day (Gain/Loss)

    29.69

  • PELATRO LIMITEDSME IPO

  • Issue Price

    200.00

  • Listing Day Close

    288.75

  • Listing Day (Gain/Loss)

    44.50

  • NORTHERN ARC CAPITAL LIMITEDMainboard IPO

  • Issue Price

    263.00

  • Listing Day Close

    323.60

  • Listing Day (Gain/Loss)

    23.19

  • OSEL DEVICES LIMITEDSME IPO

  • Issue Price

    160.00

  • Listing Day Close

    207.95

  • Listing Day (Gain/Loss)

    30.00

  • DECCAN TRANSCON LEASING LIMITEDSME IPO

  • Issue Price

    108.00

  • Listing Day Close

    110.25

  • Listing Day (Gain/Loss)

    1.85

  • PARAMOUNT SPECIALITY FORGINGS LIMITEDSME IPO

  • Issue Price

    59.00

  • Listing Day Close

    87.15

  • Listing Day (Gain/Loss)

    47.46

  • WESTERN CARRIERS INDIA LIMITEDMainboard IPO

  • Issue Price

    172.00

  • Listing Day Close

    159.45

  • Listing Day (Gain/Loss)

    -7.56

  • POPULAR FOUNDATIONS LIMITEDSME IPO

  • Issue Price

    37.00

  • Listing Day Close

    37.07

  • Listing Day (Gain/Loss)

    0.00

  • ENVIROTECH SYSTEMS LIMITEDSME IPO

  • Issue Price

    56.00

  • Listing Day Close

    111.70

  • Listing Day (Gain/Loss)

    100.00

  • SODHANI ACADEMY OF FINTECH ENABLERS LIMITEDSME IPO

  • Issue Price

    40.00

  • Listing Day Close

    55.65

  • Listing Day (Gain/Loss)

    40.00

  • INNOMET ADVANCED MATERIALS LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    199.50

  • Listing Day (Gain/Loss)

    100.00

  • EXCELLENT WIRES AND PACKAGING LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    82.05

  • Listing Day (Gain/Loss)

    -8.89

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs + Users

icon-with-text

4.8+ App Rating

icon-with-text

4 Languages

icon-with-text

₹5000+ Cr MTF Book

icon-with-text