Nova AgriTech Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | January 23, 2024 |
| Close Date:- | January 25, 2024 |
| Allotment Date:- | January 29, 2024 |
| Listing Date:- | January 31, 2024 |
About Nova AgriTech Limited :-
Established in May 2007 in Hyderabad, Nova AgriTech Limited is dedicated to enhancing crop growth for farmers through the production of environmentally friendly and nutritious products. The company focuses on three core aspects: soil health, plant nutrition, and crop protection. Employing technology, Nova AgriTech collaborates with farmers to create tailored solutions based on their specific needs.
Nova AgriTech engages in the manufacturing, distribution, and marketing of various product categories, including soil health products, crop nutrition products, biostimulants, biopesticides, integrated pest management (IPM) products, new technologies, and crop protection products. The subsidiary, Nova Agri Sciences Private Limited, is currently responsible for producing crop protection products.
As of January 31, 2023, the company has secured a total of 629 product registrations, classified into four categories: soil health management (7 registrations), plant nutrition (168 registrations), biopesticides (4 registrations), and crop protection (450 registrations).
By January 31, 2023, Nova AgriTech has a team of 13 Kisan Mitras and 253 Kisan Sevaks, facilitating personalized interactions with farmers at the grassroots level. Additionally, the company employs 32 NKSK Coordinators, all holding degrees in Agricultural Sciences and on the company's payroll. The NKSK program operates on three levels: NKSK Coordinators, Kisan Mitras, and Kisan Sevaks.
The sales team, consisting of 215 members, oversees brand sales, distribution channels, and product promotion for the company.
Contact Details :-
Address:- Nova AgriTech Limited Sy.No.251/A/1, Singannaguda Village Mulugu Mandal Siddipet, Medak- 502279
Phone:- +91 84 54253446
E-mail:- ipo@novaagri.in
Website:- https://novaagri.in/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | Mainline |
| Price:- | ₹39 to ₹41 |
| Lot Size:- | 365 |
| Minimum Amount for 1 Lot:- | ₹14,965 |
| Listing At:- | BSE, NSE |
| Total issue of Shares:- | 3,50,75,693 |
| Total issue Size:- | ₹143.81 Crore |
| Fresh issue of Shares:- | 2,73,17,073 |
| Fresh issue Size:- | ₹112 Crore |
| Offer for Sale issue of Shares:- | 77,58,620 |
| Offer for Sale issue Size:- | ₹31.81 Crore |
| Face Value:- | ₹2 per Equity Share |
| Retail Quota:- | 35% |
| QIB Quota:- | 50% |
| NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Crore
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 22 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 196.37 | 180.78 | 160.30 | 147.44 |
| Revenue | 103.24 | 210.93 | 185.61 | 160.93 |
| Profit After Tax | 10.38 | 20.49 | 13.69 | 6.30 |
| Net Worth | 74.23 | 63.88 | 43.19 | 29.43 |
| Reserves and Surplus | 60.97 | 50.59 | 30.10 | 16.41 |
| Total Borrowing | 68.50 | 70.96 | 64.27 | 51.10 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 379 |
| ROE:- | 38.27% |
| ROCE:- | 27.25% |
| Debt/Equity:- | 1.11 |
| RoNW:- | 32.08% |
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Nova AgriTech Limited IPO DHRP:- | Click Here |
| Nova AgriTech Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 23-01-2024 | ₹20 | ₹61 | 48.78% |
| 24-01-2024 | ₹20 | ₹61 | 48.78% |
| 25-01-2024 | ₹20 | ₹61 | 48.78% |
| 26-01-2024 | ₹23 | ₹64 | 56.1% |
| 27-01-2024 | ₹23 | ₹64 | 56.1% |
| 28-01-2024 | ₹23 | ₹64 | 56.1% |
| 29-01-2024 | ₹23 | ₹64 | 56.1% |
| 30-01-2024 | ₹13 | ₹54 | 31.71% |
| 31-01-2024 | ₹13 | ₹54 | 31.71% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| January 23, 2024 | 0.63 | 15.37 | 13.68 | 15.37 | 15.37 | 10.31 |
| January 24, 2024 | 1.14 | 74.24 | 38.16 | 74.24 | 74.24 | 35.32 |
| January 25, 2024 | 81.13 | 233.03 | 80.20 | 233.03 | 233.03 | 113.21 |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | January 31, 2024 |
| BSE Script Code:- | 544100 |
| NSE Symbol :- | NOVAAGRI |
| ISIN:- | INE02H701025 |
| Final Issue Price:- | ₹41 |
| Open:- | ₹56.00 |
| Low:- | ₹55.00 |
| High:- | ₹58.79 |
| Close:- | ₹58.79 |
Nova AgriTech Limited IPO FAQ :-
What is the opening date for Nova AgriTech Limited IPO?
The Nova AgriTech Limited IPO opens on January 23, 2024.
What is the closing date for Nova AgriTech Limited IPO?
The Nova AgriTech Limited IPO closes on January 25, 2024.
When will the shares be allotted for Nova AgriTech Limited IPO?
Shares of Nova AgriTech Limited IPO will be allotted on January 29, 2024.
What is the listing date for Nova AgriTech Limited IPO?
The listing date for Nova AgriTech Limited IPO is January 31, 2024.
What is the price/ price range for Nova AgriTech Limited IPO?
The price/ price range for Nova AgriTech Limited IPO is ₹39 to ₹41.
What is the minimum lot size for the Nova AgriTech Limited IPO?
The minimum lot size for Nova AgriTech Limited IPO is 365 shares.
What is the minimum investment required for retail investors in the Nova AgriTech Limited IPO?
The minimum investment required for retail investors in the Nova AgriTech Limited IPO is ₹14,965.
What type of IPO is the Nova AgriTech Limited IPO?
The type of Nova AgriTech Limited IPO is Mainline.
What is the total issue size of the Nova AgriTech Limited IPO?
The total issue size of Nova AgriTech Limited IPO is ₹143.81 Crore.
How many shares are being offered in the Nova AgriTech Limited IPO?
Total 3,50,75,693 shares are being offered in the Nova AgriTech Limited IPO.
What is the face value of Nova AgriTech Limited IPO share?
The face value of Nova AgriTech Limited IPO share is ₹2.
What is the market capitalization of the Nova AgriTech Limited IPO?
The market capitalization of the Nova AgriTech Limited IPO is ₹379.33 Crore.
Who is the registrar for the Nova AgriTech Limited IPO?
The registrar for the Nova AgriTech Limited IPO is .
Where can I check the IPO Allotment status for Nova AgriTech Limited IPO?
You can check the IPO Allotment status for Nova AgriTech Limited IPO at .
What is the email address and website of Nova AgriTech Limited IPO?
The email address of Nova AgriTech Limited IPO is ipo@novaagri.in and website is https://novaagri.in/.
What is the Nova AgriTech Limited IPO GMP (Grey Market Premium) as of 31-01-2024?
The latest GMP for Nova AgriTech Limited IPO is ₹13 as of 31-01-2024.