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Novus Loyalty IPO

Open 17th Mar 2026 · Close 20th Mar 2026 · Listing 25th Mar 2026

Price Band₹139.00–₹146.00
Live GMP₹0.00
Subscription1.55×
Issue Size₹60.15 Cr
Allotment23rd Mar 2026

IPO Objectives

Novus Loyalty IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding of expenditure towards Investment in upgrading enhancement of and development of new products₹13.00 Cr
2Business Development and Marketing Activities including manpower hiring₹9.62 Cr
3General corporate purposes and Unidentified Inorganic Acquisitions₹16.86 Cr
4Issue Expenses₹10.86 Cr
5Total₹50.34 Cr