Novus Loyalty Limited IPO
Novus Loyalty Limited was a SME IPO, offered at ₹139–₹146 per share. The issue was subscribed 1.51× overall (QIBs 1.38×, NIIs 1.12×, retail 1.82×). It listed on 25 Mar 2026 at ₹146 and closed its first day at ₹147, a listing gain of +0.5% versus the ₹146 issue price. It now trades around ₹173 (+18.8% versus the issue price).
Frequently asked questions
- How many times was the Novus Loyalty Limited IPO subscribed?
- The Novus Loyalty Limited IPO was subscribed 1.51× overall — 1.38× in the QIB category, 1.12× among non-institutional investors, 1.82× in retail.
- What were the Novus Loyalty Limited IPO listing gains?
- Novus Loyalty Limited listed on 25 Mar 2026 at ₹146, closing its first day at ₹147 — a listing gain of +0.5% versus the ₹146 issue price.
- What were the retail allotment odds for the Novus Loyalty Limited IPO?
- Retail was subscribed 1.82×, so a single-lot application had roughly a 54.9% chance of allotment (about 1 in 2), and allotment was finalised on 23 Mar 2026.
- What was the price band and lot size of the Novus Loyalty Limited IPO?
- The price band was ₹139–₹146 per share.