Novus Loyalty
BSE SME₹2,92,000 / Individual : 2,000 Shares
Novus Loyalty IPO Details
The Novus Loyalty IPO price band is set between ₹139-146 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Ltd., and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 17 Mar, 2026 and closes on 20 Mar, 2026. Investors can check the allotment status on 23 Mar, 2026, while the listing date is tentatively scheduled for 25 Mar, 2026.
The total issue size is 41,20,000 shares, aggregating up to ₹60.15 crore. Stay tuned for the latest Novus Loyalty IPO review and GMP updates.
Novus Loyalty IPO Review, Rating & Analysis
Novus Loyalty IPO Review
NO REVIEWNovus Loyalty IPO Rating
Novus Loyalty IPO Highlights
IPO Date
Mar 17, 2026 - Mar 20, 2026
Listing Date
25 Mar, 2026
Face Value
₹10 Per Equity Share
Price Band
₹139-146 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Novus Loyalty IPO Lot Size
The minimum market lot for Novus Loyalty IPO is 2 shares with an application amount of ₹292. Retail investors can apply for up to 684 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2 | ₹292 |
| Retail (Max) | 684 | 1368 | ₹1,99,728 |
| S-HNI (Min) | 685 | 1370 | ₹2,00,020 |
| S-HNI (Max) | 3424 | 6848 | ₹9,99,808 |
| B-HNI (Min) | 3425 | 6850 | ₹10,00,100 |
Novus Loyalty IPO Timeline
Issue Price
₹139-146 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Kfin Technologies Ltd.Lead Manager
Smart Horizon Capital Advisors Pvt.Ltd.Issue Size
41,20,000 shares(aggregating up to ₹60.15 crore)Novus Loyalty IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30-Sep-25 | 21.83 | 71.43 | 5.80 | 18.89 | 6.64 | - |
| 31-Mar-25 | 14.81 | 104.63 | 3.58 | 13.09 | 13.08 | - |
| 31-Mar-24 | 12.36 | 73.61 | 2.96 | 9.50 | 9.49 | - |
| 31-Mar-23 | 13.38 | 59.61 | 0.55 | 6.54 | 6.53 | - |
In Cr.
Novus Loyalty IPO Documents
Novus Loyalty IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
31.74%ROCE
40.40%Debt Equity
-RoNW
27.39%PAT Margin
3.43%Price to Book Value
13.67Promoters & Share Holding
Promoter(s) Name
- Deepak Tomar
- Sweta Singh
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| % | % |
About Company
Novus Loyalty was founded in 2011 and is a technology-driven company that provides loyalty and reward programs for industries such as Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and many more. It provides a modern loyalty program platform developed using the latest technology.
It provides both customized and ready-to-use program models such as points-based reward programs, event-driven programs, cashback programs, purchase-based programs, and vouchers. It is flexible and can be easily integrated into the existing systems and works well on the web, mobile applications, and physical stores.
It provides both On-premises with Infra and Software as a Service along with Artificial Intelligence-based analytics solutions.On-Premises: This is suitable when the client has its own servers and private clouds, providing complete control over the data.
SaaS (Cloud-based): This is best suited when the client is looking for a subscription-based service that is easy to implement and manage.
Market Presence: The company has its market presence in the Indian as well as the international markets. In the Indian market, the customers are from the states such as Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka. In the international market, the customers are from the UAE, USA, Australia, and Puerto Rico.
The company has about 50 employees as of January 31, 2026.
Novus Loyalty IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Funding of expenditure towards Investment in upgrading enhancement of and development of new products | - |
| Business Development and Marketing Activities including manpower hiring | - |
| General corporate purposes and unidentified inorganic acquisition | - |
Company Contact Details
Novus Loyalty
727, Udyog Vihar Phase V Industrial Complex Dundahera, Gurgaon, Haryana, 122016Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: novus.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Frequently Asked Questions about Novus Loyalty IPO
When will Novus Loyalty IPO open for subscription?
The Novus Loyalty IPO opens on 17 Mar, 2026 and closes on 20 Mar, 2026.
What is the investors portion for Novus Loyalty IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Novus Loyalty IPO?
You can apply for Novus Loyalty IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Novus Loyalty IPO?
The issue size of Novus Loyalty IPO is approx ₹41,20,000 shares(aggregating up to ₹60.15 crore) crores.
What is the price band of Novus Loyalty IPO?
The price band for Novus Loyalty IPO is ₹139 to ₹146 per equity share.
What is the lot size of Novus Loyalty IPO?
The minimum bid (lot size) for Novus Loyalty IPO is 1000 shares with an investment of approx ₹2,92,000 .
What is the allotment date of Novus Loyalty IPO?
The allotment date for Novus Loyalty IPO is 23 Mar, 2026.
What is the listing date of Novus Loyalty IPO?
The listing date for Novus Loyalty IPO is expected to be 25 Mar, 2026.
What is the GMP of Novus Loyalty IPO?
The latest Grey Market Premium (GMP) for Novus Loyalty IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.