Nova Agri Tech Limited IPO Date, Price, Allotment Detail

Nova Agri Tech LimitedMAIN BOARD
Nova Agri Tech Limited Details
Minimum Investment
₹14,965. / 1- Lot (365 shares)
Price Range
₹39-₹41
Max Quantity
13-Lots/ (4745 Shares)
Max Investment
₹194,545
Retail Discount
₹0
Investor category and sub category
Individual- HNI & Retail
Issue Size
143.81 Cr
Employee Discount
₹0
Total Issue Size
35,075,693 Shares
(Aggregating up to ₹143.81 Cr)
Share Holding Pree Issue
65,202,740
Issue Type
Book build Issue IPO
Fresh Issue Share
27,317,073 Shares
(Aggregating up to ₹112.00 Cr)
Share Holding Post Issue
95,519,813
Listing At
BSE, NSE
Offer for Sale
7,758,620 Shares of ₹2
(Aggregating up to ₹31.81 Cr)
Face value
₹2

IPO Dates

Offer Starts22 JAN 2024
Offer Ends24 JAN 2024
Allotment25 Jan 2024
Refunds29 JAN 2024
Credit of shares to Demat account29 JAN 2024
IPO Listing30 JAN 2024

About Nova Agri Tech Limited

  • Founded in Hyderabad in May 2007, Nova AgriTech Limited manufactures products that help farmers grow crops better.
  • The Campany main focus is on three things: Soil health, plant nutrition and crop protection. The products are manufactured using technology and are designed to be environmentally friendly and nutritious. The company collaborates with farmers to gain insight into their needs and develop customized solutions that meet their requirements.
Founded InManaging Director
2007Mr. Sreekanth Yenigalla

Nova Agri Tech Limited IPO Prospectus

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DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Share Holding

Share Holding Pre-Issue84.27%
Share Holding Post-Issue59.39%

Financials

Revenue
YearValues
2021₹160.93
2022₹185.61
2023₹210.93
All values are in Rs. Cr
Total Asset
YearValues
2021₹147.44
2022₹160.30
2023₹180.78
All values are in Rs. Cr
Profit
YearValues
2021₹6.30
2022₹13.69
2023₹20.49

Fundamentals

ValuesValues
Market cap379.33CrROE38.27%
P/E (X)13.05ROCE27.25%
POST P/E (X)18.27EPS3.14
Debt to Equity1.11RONW32.08%

Objects of the Issue

  • Investment in the subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant.
  • Funding Capital Expenditure in the Company, towards expansion of the existing formulation plant.
  • Funding of working capital requirements of the company.
  • Investment in the subsidiary, Nova Agri Sciences Private Limited, for funding working capital requirements.
  • General corporate purposes.

Brokerage Firm IPO Review

  • To be updated soon
Nova Agri Tech Limited Contact Details
AddressNova Agri Tech Limited
Sy.No.251/A/1, Singannaguda Village
Mulugu Mandal
Siddipet, Medak- 502279
Phone: +91 84 54253446
E-mailipo@novaagri.in
Websitehttps://novaagri.in/
Nova Agri Tech Limited
IPO Lead Managers
Keynote Financial Services Ltd
Bajaj Capital Limited
.
Nova Agri Tech Limited
IPO Registrar
.Bigshare Services Pvt Ltd
Phone+91-22-6263 8200
E-mailipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/
Nova Agri Tech Limited IPO Allotment Status Check
IPO Allotment Status Check Click Here

Nova Agri Tech Limited IPO FAQs

What is Nova Agri Tech Limited IPO?
  • Nova Agri Tech Limited IPO is a MAIN BOARD IPO. They are going to raise ₹143.81 Crores via IPO. The issue is priced at ₹39 to ₹41 per equity share. The IPO is to be listed on NSEBSE
When Nova Agri Tech Limited IPO will open?
  • The IPO is to open on January 22, 2023, for QIB, NII, and Retail Investors.
What is Nova Agri Tech Limited IPO Investors Portion?
  • The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Nova Agri Tech Limited IPO Size?
  • Nova Agri Tech Limited IPO size is ₹143.81. crores.
What is Nova Agri Tech Limited IPO Price Band?
  • Nova Agri Tech Limited IPO Price Band is ₹39 To ₹41 per equity share.
What is Nova Agri Tech Limited IPO Minimum and Maximum Lot Size?
  • The IPO bid is Minimum 1-Lot (365 Shares) with ₹14,965. and Maximum Lot Size 13-Lots / (4745 Shares) with 194,545
What is Nova Agri Tech Limited IPO Allotment Date?
  • Nova Agri Tech Limited IPO allotment date is January 25, 2024.
What is Nova Agri Tech Limited IPO Listing Date?
  • Nova Agri Tech Limited IPO listing date is January 30, 2024. The IPO to list on NSE, BSE.

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