Novus Loyalty IPO Details – Review

Novus Loyalty IPO is a book build issue of ₹60.15 crores. The issue is a combination of fresh issue of 0.33 crore shares aggregating to ₹48.18 crores and offer for sale of 0.08 crore shares aggregating to ₹11.97 crores.

Novus Loyalty IPO opens for subscription on Mar 17, 2026 and closes on Mar 20, 2026. The allotment for the Novus Loyalty IPO is expected to be finalized on Mar 23, 2026. Novus Loyalty IPO will list on BSE SME with a The tentative listing date fixed as Mar 25, 2026.

Novus Loyalty IPO price band is set at ₹139 to ₹146 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,92,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,38,000.