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Nova AgriTech IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 143.81 Cr. The company is based in Medak and caters to Agro sector. Keynote Financial Services , Bajaj Capital are the merchant bankers of Nova AgriTech IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 3rd March 2024.
Nova AgriTech IPO open date is 23rd January 2024 and close date is 25th January 2024. IPO Allotment Date is 29th January 2024 and Listing date is 31st January 2024.
IPO
Size:
₹ 143.81 Cr.
Avg IPO Size (Sector Based)
: ₹
281.87 cr.
Sector: Agro
IPO so far:
19
Merchant Banker:
Keynote Financial
IPO by BRLM so far:
17
City:
Medak
IPO so far:
1
Revenue (annualised):
₹
206.48
cr. 
PE
Ratio:
23.06x
Average Sector PE Ratio: 18.16x
Nova AgriTech IPO size is ₹ 143.81 Cr. with IPO price of ₹ 41.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Keynote Financial Services Limited is the book-running lead manager of the Nova AgriTech IPO. Bigshare Services Private Limited is the Registrar for Nova AgriTech IPO.
Nova AgriTech IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Nova AgriTech IPO, based in Medak, operates in the Agro sector with a focus on soil health products and bio-pesticides. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Nova AgriTech IPO size is ₹ 143.81 Cr. with fresh issue size of ₹ 112.00 Cr. and Offer for sale being ₹ 31.81Cr.
The IPO allotment date for Nova AgriTech IPO is expected to be 29th January 2024, after the finalization of basis of allotment. Investors can check Nova AgriTech IPO allotment status on the registrars website, Bigshare Services Private Limited . Nova AgriTech IPO refund dates are 30th January 2024.
Nova AgriTech IPO is expected to be listed on 31st January 2024.
The upper price band for the Nova AgriTech IPO is set at ₹ 41.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Nova AgriTech IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Nova AgriTech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th January 2024. After submission, funds are blocked until the basis of allotment of Nova AgriTech IPO is finalised.
The merchant banker for Nova AgriTech IPO is Keynote Financial Services Limited , Bajaj Capital Limited . Keynote Financial Services Limited , Bajaj Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Nova AgriTech IPO RHP for further details.
The registrar for Nova AgriTech IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Nova AgriTech IPO through their official website or helpline.
Nova AgriTech IPO was subscribed 113.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 143.81 Cr.
Avg IPO Size (Sector Based)
:
₹ 281.87 Cr.
Sector: Agro
IPO so far:
19
Merchant Banker:
Keynote Financial
IPO by BRLM so far:
17
City:
Medak
IPO so far:
1
Revenue (annualised):
₹ 2,064.32 cr.
PE
Ratio:
23.06x
Average Sector PE Ratio: 18.16x
Nova AgriTech IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Nova AgriTech Financial Review Page
Merchant Banker(s) of Nova AgriTech IPO: Keynote Financial Services Limited , Bajaj Capital Limited
Nova AgriTech IPO subscription was 113.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Nova AgriTech IPO listed at a listing price of 58.79 against the offer price of 41.00.
The current market price of Nova AgriTech is 51.85.
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