| Nova Agri Tech Limited | MAIN BOARD |
| 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 Starts | 22 JAN 2024 |
| Offer Ends | 24 JAN 2024 |
| Allotment | 25 Jan 2024 |
| Refunds | 29 JAN 2024 |
| Credit of shares to Demat account | 29 JAN 2024 |
| IPO Listing | 30 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 In | Managing Director |
| 2007 | Mr. Sreekanth Yenigalla |
Nova Agri Tech Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Share Holding
| Share Holding Pre-Issue | 84.27% |
| Share Holding Post-Issue | 59.39% |
Financials
| Revenue | |
| Year | Values |
| 2021 | ₹160.93 |
| 2022 | ₹185.61 |
| 2023 | ₹210.93 |
| Total Asset | |
| Year | Values |
| 2021 | ₹147.44 |
| 2022 | ₹160.30 |
| 2023 | ₹180.78 |
| Profit | |
| Year | Values |
| 2021 | ₹6.30 |
| 2022 | ₹13.69 |
| 2023 | ₹20.49 |
Fundamentals
| Values | Values | ||
| Market cap | 379.33Cr | ROE | 38.27% |
| P/E (X) | 13.05 | ROCE | 27.25% |
| POST P/E (X) | 18.27 | EPS | 3.14 |
| Debt to Equity | 1.11 | RONW | 32.08% |
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 | |
| Address | Nova Agri Tech Limited Sy.No.251/A/1, Singannaguda Village Mulugu Mandal Siddipet, Medak- 502279 |
| Phone: | +91 84 54253446 |
| ipo@novaagri.in | |
| Website | https://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 |
| ipo@bigshareonline.com | |
| Website | https://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 NSE, BSE
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.