Novus Loyalty IPO Subscription Details

Bookbuilding IPO | ₹60 Cr | Listed at BSE SME | Tue, Mar 17, 2026 - Fri, Mar 20, 2026

Basis of Allotment - Novus Loyalty IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)8,10,00011,30,00019,40,0001,95,0003,91,0005,86,00013,64,00038,90,000
Allotment price (Rs.)146146146146146146146146
No.of applications108185424781,2161,312
No.of shares applied11,15,00014,39,00025,54,0001,75,0005,12,0006,87,00024,32,00056,73,000
Amount collected (Rs.cr.)16.28 21.01 37.29 2.56 7.48 10.03 35.51 82.83
No.of times subscribed1.381.271.320.901.311.171.781.46
No.of shares allotted8,10,00011,30,00019,40,0001,75,0004,11,0005,86,00013,64,00038,90,000
Amount (Rs.cr.)11.83 16.50 28.32 2.56 6.00 8.56 19.91 56.79
No.of allottees10818542478682778

IPO Shares Offered

Novus Loyalty IPO is a public issue of 0.39 Cr equity shares. The issue offers 0.14 Cr shares to retail investors, 0.19 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,30,0003.36 5.58%
QIB 19,40,00028.32 47.09%
    Anchor 11,30,000 16.50 27.43%
    QIB (Ex Anchor) 8,10,000 11.83 19.66%
NII* 5,86,0008.56 14.22%
    bNII (> ₹10L)3,91,0005.71 9.49%
    sNII (< ₹10L)1,95,0002.85 4.73%
Retail13,64,00019.91 33.11%
Total41,20,00060.15 100%

Anchor Investor Allocation

A total of 11,30,000 shares at a price of Rs 146 per share will be allotted to the anchor investors.

📑 Anchor Investor Allotment Letter

Bid DateMar 16, 2026
Price₹146.00
% of QIBs58.25%
Shares Locked (30 Days)5,65,000
Shares Locked (90 Days)5,65,000
#AnchorGroup EntityShares AllottedAmt (₹ cr.)% Allocated% Allotment of Issue
1 BENGAL FINANCE & INVESTMENT PVT.LTD. BENGAL FINANCE & INVESTMENT 3,43,000 5.01 30.35 8.33
2 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 2,74,000 4.00 24.25 6.65
3 PESB ALPHA FUND PESB CAPITAL 1,34,000 1.96 11.86 3.25
4 VINEY GROWTH FUND VINEY 1,03,000 1.50 9.12 2.50
5 SB OPPORTUNITIES FUND II SB OPPORTUNITIES FUND 69,000 1.01 6.11 1.67
6 PARADISE MOON INVESTMENT FUND I PARADISE MOON 69,000 1.01 6.11 1.67
7 VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES VIKASA 69,000 1.01 6.11 1.67
8 CCV EMERGING OPPORTUNITIES FUND I CCV 69,000 1.01 6.11 1.67
11,30,00016.5010027.43

IPO Subscription FAQs

The Novus Loyalty IPO is subscribed 1.55 times by Mar 20, 2026 18:54.

Novus Loyalty IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.38
Non Institutional1.17
Retail Individual1.82
Total Subscription1.55

Retail category of Novus Loyalty IPO subscribed 1.82 times as of date Mar 20, 2026 18:54. The public issue closes on Fri, Mar 20, 2026 for bidding.

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

The Novus Loyalty IPO is subscribed 1.55 times by Mar 20, 2026 18:54.

The Novus Loyalty IPO allotment status is expected on or around Monday, March 23, 2026. Visit Novus Loyalty IPO allotment status to check.

The Novus Loyalty IPO listing date is March 25, 2026. The equity share of Novus Loyalty IPO will list on BSE SME.

Visit Novus Loyalty IPO subscription status page for real-time bidding information about Novus Loyalty IPO.

Novus Loyalty IPO Timetable

IPO opens OnTuesday, March 17, 2026
IPO Closes OnFriday, March 20, 2026
Finalisation of Basis of AllotmentMonday, March 23, 2026
Initiation of RefundsTuesday, March 24, 2026
Credit of Shares to Demat AccountTuesday, March 24, 2026
IPO Listing DateWednesday, March 25, 2026
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