Novus Loyalty Ltd IPO Allotment Update

IPO Details

• IPO Price Band: ₹139 - ₹146 per share
• Issue Size: ₹60.15 crore
• Issue Type: Book-building issue, comprising fresh issue of 30.70 lakh equity shares and an offer-for-sale of 8.2 lakh shares
• Listing Date: March 25, 2026
• Listing Platform: BSE SME

IPO Subscription

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• Subscription Status: 1.55 times subscribed in total
• Subscription Breakdown:

• Retail Individual Investors: 1.82 times subscribed
• Qualified Institutional Buyers (QIB): 1.38 times subscribed
• Non-Institutional Investors (NII): 1.17 times subscribed

IPO Allotment Status

• Allotment Date: March 23, 2026
• Allotment Status Check: Available on BSE and Kfin Technologies websites
• Steps to Check Allotment Status:

1. Visit BSE website at https://www.bseindia.com/investors/appli_check.aspx
2. Select 'Equity' in the Issue Type and 'Novus Loyalty Limited' in the Issue Name dropdown menu
3. Enter either Application No. or PAN
4. Verify by ticking on 'I am not robot' and click on 'Search'
5. Alternatively, visit Kfin Technologies website at https://ipostatus.kfintech.com/ and follow the same steps

Grey Market Premium (GMP)

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• Novus Loyalty IPO GMP: ₹0 per share
• Estimated Listing Price: ₹146 per share

Company Details

• Company Name: Novus Loyalty Ltd
• Book Running Lead Manager: Smart Horizon Capital Advisors
• IPO Registrar: Kfin Technologies Ltd