Nova Agri Tech Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹39 - ₹41
- Lot size
- 365 shares
- Issue amount
- ₹143.81 cr
- Total subscription
- 113.2×
- Opens
- 23 Jan 2024
- Closes
- 25 Jan 2024
- Allotment
- 29 Jan 2024
- Listing
- 31 Jan 2024
Offer at a glance
Issue overview
- Issue size
- 3,50,75,693 shares
- Face value
- ₹2 Per Equity Share
- Minimum investment
- ₹14,235
- Fresh issue
- ₹112 cr
- Offer for sale
- ₹31.81 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,965
- Issue type
- Book Built Issue IPO
- Shares before issue
- 6,52,02,740
- Shares after issue
- 9,25,19,813
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 365 | ₹14,965 |
| sHNI | 14 | 5,110 | ₹2,09,510 |
| bHNI | 67 | 24,455 | ₹10,02,655 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 28.76 | 2,333.58 |
| RETAIL | 50.33 | 4,035.93 |
| HNIs 2+ | 7.19 | 1,698.55 |
| HNIs 10+ | 14.38 | 3,327.83 |
Financial performance
Company financials
in ₹ Crore · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 38.27 |
| ROCE | 27.25 |
| RONW | 32.08 |
| PRE IPO(PE) | 0 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Nova AgriTech Limited, founded in Hyderabad in May 2007, specializes in manufacturing environmentally friendly and technology-driven agricultural products focused on soil health, plant nutrition, and crop protection. The company develops tailored solutions by collaborating with farmers and offers a diverse product range, including soil health products, crop nutrition, biostimulants, biopesticides, integrated pest management (IPM) products, new technologies, and crop protection products. Its subsidiary, Nova Agri Sciences Private Limited, handles crop protection manufacturing. As of January 31, 2023, the company has secured 629 product registrations across four categories: soil health management (7), plant nutrition (168), biopesticides (4), and crop protection (450). To support farmers, Nova AgriTech has structured its NKSK program, comprising 32 NKSK Coordinators (agriculture graduates), 13 Kisan Mitras, and 253 Kisan Sevaks, ensuring grassroots engagement. Additionally, its 215-member sales team oversees brand sales, distribution channels, and product promotions.
Promoters
Suraksha Agri Retails (India) Private Limited
Malathi S
Kiran Kumar Atukuri
Registrar & documents
Lead manager
Keynote Financial Services Limited, Bajaj Capital Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Sy.No.251/A/1, Singannaguda Village Mulugu Mandal Siddipet, Medak- 502279
+91 84 54253446
[email protected]Company website ↗Understanding NOVAAGRI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.