Nova Agritech Ltd IPO

Nova Agritech Ltd IPO

Fertilizers

mainboard

Bidding period

23 Jan 2024 - 25 Jan 2024

Bid price

₹41.00 - ₹41.00

Listing on

BSE, NSE

Listing date

31 Jan 2024

Lot size

365 shares

Issue size

₹143.81 crore


Minimum investment

₹14,965.00 / 1 lot

Maximum investment

₹1,94,545.00 / 13 lot

Bidding closed on 25 Jan 2024

EXPLORE IPOs
EXPLORE IPOs

Nova Agritech Ltd IPO dates

IPO opening date

23 Jan 2024

IPO end date

25 Jan 2024

Allotment date

29 Jan 2024

Initiation of refunds

30 Jan 2024

Credit of shares to demat

30 Jan 2024

IPO listing date

31 Jan 2024

Nova Agritech Ltd IPO financials

Particulars

For the period ending in March 2024 (in ₹ million)

Total assets ₹297.99
Total liabilities ₹297.99
Total expenditure ₹219.15
Total revenue ₹252.51
Profit after tax ₹28.31
EBITDA ₹44.35
Adjusted EBITDA ₹0.00

Nova Agritech Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 84.27 0.0
Public group 15.73 0.0

Nova Agritech Ltd strengths and risks

Information currently unavailable

  • One stop solution for soil health management, crop nutrition, bio stimulant, bio pesticides, Integrated Pest Management (IPM) and crop protection through diversified branded product portfolio.

  • Established distribution network across various geographies through many dealers.

  • Strengthening farmer outreach through Nova Kisan Seva Kendra.

  • Technology driven product development and marketing.

  • Focus on ecologically sustainable and nutritionally balanced products.

  • Experienced Management Team and Promoters.

  • Well Equipped Research & Development facility.

  • The strength of its brands is crucial to the company growth and success and its may not succeed in continuing to maintain and develop the company brands.

  • The company propose to utilise portion of the Net Proceeds of the Offer for investment in its subsidiary, Nova Agri Sciences Private Limited for setting-up formulation plant and funding Capital Expenditure by the Company towards setting up its formulation plant, which may be subject to delays, cost overruns, and other risks and uncertainties.

  • The company intend to utilize a portion of the Net Proceeds towards investment in its subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant and towards funding Capital Expenditure in Nova Agritech Limited for expansion of the existing formulation plant. The company has yet to place orders for plant and machinery for the proposed new formulation plant and expansion of its existing formulation plant. Any delay in undertaking such and not adhering to the schedule of implementation could have a material adverse effect on the company business growth and prospects, financial condition and results of operations.

  • The company's business depends on the Promoters and senior management and its ability to attract and retain key personnel. Any attrition rate of the company senior management may affect its business growth.

  • If the company is unable to effectively manage or expand the dealer network and operations or pursue its growth strategy and maintain healthy relations with existing dealers, The company sales may be affected and its may not achieve the company expected levels of profitability which may adversely affect its business prospects, financial condition and results of operations.

  • The company is required to obtain and maintain various licences and permits for its business.

  • The company Promoter and certain of its Directors may have interest in entities, which are engaged in lines of business similar to that of the Company. Any conflict of interest which may occur between its business and the activities undertaken by such entities could adversely affect the company business and prospects.

  • The Company, its Subsidiaries, Promoters and Directors are involved in certain legal proceedings and potential litigation. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties and may adversely affect its business and results of operations.

  • The agreements governing the Company's indebtedness contain conditions and restrictions on its operations, additional financing and capital structure.

  • The Company has negative cash flow during certain fiscal years; details of which are given below. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.

How to check the allotment status of the Nova Agritech Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Nova Agritech Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Nova Agritech Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

Read more Read less

Nova Agritech Ltd IPO registrar

Bigshare Services Pvt Ltd

Phone number +91 22 6263 8200
E-mail ID ipo@bigshareonline.com
Website www.bigshareonline.com

Nova Agritech Ltd IPO reservation

QIB shares offered

70,15,139 (20.0%)

NII (HNI) shares offered

52,61,354 (15.0%)

Retail shares offered

1,22,76,492 (35.0%)

Anchor investor shares offered

1,05,22,708 (30.0%)

Total shares offered

3,50,75,692

Total shares with anchor investor

3,50,75,692

Nova Agritech Ltd IPO lead manager

  • Keynote Financial Services Ltd
  • Bajaj Capital Ltd

Explore other IPOs

Scoda Tubes Limited logo
Scoda Tubes Limited logo

Scoda Tubes Limited IPO

Bidding period

28 May 2025 - 30 May 2025

Bid price range

To Be Announced
Aditya Infotech Limited logo
Aditya Infotech Limited logo

Aditya Infotech Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Advance Agrolife Limited logo
Advance Agrolife Limited logo

Advance Agrolife Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Advanced SysTek Limited logo
Advanced SysTek Limited logo

Advanced SysTek Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Agilus Diagnostics Limited logo
Agilus Diagnostics Limited logo

Agilus Diagnostics Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Airox Technologies Limited logo
Airox Technologies Limited logo

Airox Technologies Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Ajay Poly Limited logo
Ajay Poly Limited logo

Ajay Poly Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
All Time Plastics Limited logo
All Time Plastics Limited logo

All Time Plastics Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Allchem Lifescience Limited logo
Allchem Lifescience Limited logo

Allchem Lifescience Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Amanta Healthcare Limited logo
Amanta Healthcare Limited logo

Amanta Healthcare Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Anand Rathi Share AND Stock Brokers Limited logo
Anand Rathi Share AND Stock Brokers Limited logo

Anand Rathi Share AND Stock Brokers Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Anlon Healthcare Limited logo
Anlon Healthcare Limited logo

Anlon Healthcare Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Anthem Biosciences Limited logo
Anthem Biosciences Limited logo

Anthem Biosciences Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
AOne Steels India Limited logo
AOne Steels India Limited logo

AOne Steels India Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Ardee Engineering Limited logo
Ardee Engineering Limited logo

Ardee Engineering Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Armee Infotech Limited logo
Armee Infotech Limited logo

Armee Infotech Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Asirvad Microfinance Limited logo
Asirvad Microfinance Limited logo

Asirvad Microfinance Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced
Atlanta Electricals Limited logo
Atlanta Electricals Limited logo

Atlanta Electricals Limited IPO

Bidding period

To Be Announced

Bid price range

To Be Announced

How to apply for an IPO with Bajaj Broking?

adafafds
 
 
  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the Nova Agritech Ltd IPO?

The listing date for the Nova Agritech Ltd IPO is 31 Jan 2024.

What is the issue size of Nova Agritech Ltd IPO?

The issue size of the Nova Agritech Ltd IPO is ₹143.81 cr.

What is the minimum lot size needed for Nova Agritech Ltd IPO?

The minimum lot size for Nova Agritech Ltd IPO is 365

When does the Nova Agritech Ltd open and close?

Nova Agritech Ltd IPO is open from 23 Jan 2024 to 25 Jan 2024.

How can I apply for the Nova Agritech Ltd IPO?

To apply for the Nova Agritech Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
SHOW MORE SHOW LESS

Disclaimer

*Disclaimer for Bajaj Finance Limited (‘BFL’):

Stock trading business is carried by Bajaj Financial Securities Limited ("BFSL"), a broker and Depository Participant registered with Securities Exchange Board of India and offers various products/services related to Securities market (Securities market products/services). BFL merely facilitates display of data shared by BFSL on its webpage/mobile application. Such data received from BFSL, or any of its service providers is on “as is” basis. BFL does not make any representation or warranty, express or implied, regarding accuracy, completeness of such data displayed herein.

When you opt to avail the Securities market products/services of BFSL by clicking on the BFSL weblink/mobile app, you will be redirected to BFSL's web page/mobile app for initiation and completion of the transaction. You are supposed to exercise independent diligence by reading all the related documents carefully before deciding to invest in Securities market Products/services.

BFL is a Non-Banking Financial Company carrying the business of acceptance of deposits and providing lending solutions to Retail and Corporate customers. BFL does not offer nor advice on Securities market products/services and shall not be liable or responsible for any of your investment decision."

**Disclaimer: For Bajaj Financial Securities Limited

Investments in securities market are subject to market risk, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. All leveraged intraday positions will be squared off the same day. There is no restriction on withdrawal of unutilised margin amount. Trade Recommendations are research-calls provided under the SEBI Research Analyst guidelines.
Visit https://www.bajajbroking.in/disclaimer for complete disclaimer.

Securities market Products/services are made available only at the discretion of BFSL and subject to the individual contractual terms and conditions of the respective Securities market products/services. You shall be the sole owner of any decision to invest in any BFSL's Securities market products/services.

Securities market products/services may be withdrawn or amended at any time by BFSL without notice and your recourse in such case would be directly to reach out BFSL at connect@bajajfinserv.in or 1800 833 8888.

Powered by Bajaj Financial Securities Limited (Bajaj Broking)