Nova AgriTech IPO Subscription Details

Bookbuilding IPO | ₹144 Cr | Listed at BSE, NSE | Tue, Jan 23, 2024 - Thu, Jan 25, 2024

Basis of Allotment - Nova AgriTech IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)70,15,6261,05,22,2201,75,37,84617,53,78535,07,56952,61,3541,22,76,4933,50,75,693
Allotment price (Rs.)4141414141414141
No.of applications5245676,74331,9961,08,73920,59,80821,68,603
No.of shares applied55,84,75,1851,17,17,23057,01,92,41541,30,92,76581,03,81,3951,22,34,74,16096,02,20,4652,75,38,87,040
Amount collected (Rs.cr.)2,289.75 48.04 2,337.79 1,693.68 3,322.56 5,016.24 3,936.90 11,290.94
No.of times subscribed79.601.1132.51235.54231.04232.5478.2278.51
No.of shares allotted70,15,6261,05,22,2201,75,37,84617,53,78535,07,56952,61,3541,22,76,4933,50,75,693
Amount (Rs.cr.)28.76 43.14 71.91 7.19 14.38 21.57 50.33 143.81
No.of allottees52456000056

IPO Shares Offered

Nova AgriTech IPO is a public issue of 3.51 Cr equity shares. The issue offers 1.23 Cr shares to retail investors, 1.75 Cr shares to qualified institutional buyers, and 0.53 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,75,37,84671.91 50.00%
    Anchor 1,05,22,220 43.14 30.00%
    QIB (Ex Anchor) 70,15,626 28.76 20.00%
NII 52,61,35421.57 15.00%
    bNII (> ₹10L)35,07,56914.38 10.00%
    sNII (< ₹10L)17,53,7857.19 5.00%
Retail1,22,76,49350.33 35.00%
Total3,50,75,693143.81 100%

Nova AgriTech IPO Anchor Investor Allocation

A total of 1,05,22,220 shares at a price of Rs 41 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJan 19, 2024
Anchor investor price₹41.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days52,61,110
No. of shares locked-in for 90 days52,61,110
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 AG DYNAMIC FUNDS LTD. AG DYNAMIC FUNDS LTD. 31,70,390 13.00 30.13 9.04
2 NEOMILE GROWTH FUND-SERIES I NEOMILE 24,73,240 10.14 23.50 7.05
3 SAINT CAPITAL FUND SAINT CAPITAL 24,39,295 10.00 23.18 6.95
4 QUANTUM-STATE INVESTMENT FUND QUANTUM-STATE 24,39,295 10.00 23.18 6.95
1,05,22,22043.1410030.00

IPO Subscription FAQs

The Nova AgriTech IPO is subscribed 113.21 times by Jan 25, 2024 19:02.

Nova AgriTech IPO Subscription

Investor Category Subscription (times)
Qualified Institutional81.13
Non Institutional233.03
Retail Individual80.2
Total Subscription113.21

Retail category of Nova AgriTech IPO subscribed 80.2 times as of date Jan 25, 2024 19:02. The public issue closes on Thu, Jan 25, 2024 for bidding.

An investor can apply in Nova AgriTech IPO online via bank (using ASBA) or the broker (using UPI). The Nova AgriTech IPO shares are offered online only.

The Nova AgriTech IPO is subscribed 113.21 times by Jan 25, 2024 19:02.

The Nova AgriTech IPO allotment status is expected on or around Monday, January 29, 2024. Visit Nova AgriTech IPO allotment status to check.

The Nova AgriTech IPO listing date is January 31, 2024. The equity share of Nova AgriTech IPO will list on BSE, NSE.

Visit Nova AgriTech IPO subscription status page for real-time bidding information about Nova AgriTech IPO.

Nova AgriTech IPO Timetable

IPO opens OnTuesday, January 23, 2024
IPO Closes OnThursday, January 25, 2024
Finalisation of Basis of AllotmentMonday, January 29, 2024
Initiation of RefundsTuesday, January 30, 2024
Credit of Shares to Demat AccountTuesday, January 30, 2024
IPO Listing DateWednesday, January 31, 2024
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