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Novus Loyalty

Listed SME BSE SME · Web based media and service

Price Band

₹139.0–146.0

Issue Size

₹60.15 Cr

Lot Size

1,000 shares

Min Investment

₹292,000

GMP

+₹0.0 (0.0%)

Issue Price

₹146.0

calendar_month Important Dates

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IPO Open Date
Tue, 17 Mar 2026
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IPO Close Date
Fri, 20 Mar 2026
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Allotment Date
Mon, 23 Mar 2026
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Refund Initiation
Tue, 24 Mar 2026
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Credit of Shares
Tue, 24 Mar 2026
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Listing Date
Wed, 25 Mar 2026
Listing Price
₹146.0 +0.0%

bar_chart Subscription Status

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Subscription data unavailable

trending_up Grey Market Premium (GMP)

GMP

₹0.0

GMP %

0.0%

Est. Listing

₹146.0

schedule Updated: 14 Jul 2026 15:52

business About the Company

Incorporated in 2011, Novus Loyalty is a technology-driven company that provides loyalty and rewards solutions for industries like Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and more. The company offers a modern loyalty platform built with the latest technology. The company provides both customizable and ready-to-use program models, including point-based rewards, event-triggered campaigns, cashback systems, purchase-linked promotions, and digital vouchers. Its platform is flexible, easy to integrate with existing systems, and works across web, mobile apps, and physical stores for a smooth customer experience. It offers both On-premises with infrastructure and SaaS (software as a service) models along with AI powered analytics to its clients. On-Premises: Installed on the client’s servers or private cloud for full data control — ideal for large businesses with strict security needs. SaaS (Cloud-based): Subscription model that’s easy to set up and manage — perfect for businesses that need a quick and scalable solution. Market presence: The company operates in both Indian and international markets. In the domestic market, it serves customers across the states of Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka while it serves customers globally in UAE, USA, Australia, and Puerto Rico. Competitive Strengths Comprehensive Loyalty Solutions Experienced promoters and management team Quality assurance and quality certification Clients in international markets

payments Company Financials (₹ Cr)

As of 2025-09-30

Period Ended 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 21.83 14.81 12.36 13.38
Total Income 71.43 104.63 73.61 59.61
Profit After Tax 5.80 3.58 2.96 0.55
EBITDA 7.79 5.69 4.82 2.27
NET Worth 18.89 13.09 9.50 6.54
Reserves and Surplus 6.64 13.08 9.49 6.53
Total Borrowing 0.82 3.53

Key Ratios

EPS

₹2.93

NAV

₹10.68

ROE

31.74%

ROCE

40.40%

RoNW

27.39%

P/B Value

13.67

P/E Ratio

49.89

Market Cap

₹227.03 Cr

PAT Margin

3.43%

Promoters

Deepak Tomar and Sweta Singh

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of expenditure towards Investment in upgrading enhancement of and development of new products 13.00 2 Business Development and Marketing Activities including manpower hiring 9.62 3 General corporate purposes and Unidentified Inorganic Acquisitions 16.86 4 Issue Expenses 10.86 Total 50.34

info Issue Details

Issue Type SME Book Built
Issue Size ₹60.15 Cr
Price Band ₹139.0 – ₹146.0
Issue Price ₹146.0
Lot Size 1,000 shares
Min Investment ₹292,000
Exchange BSE SME
Sector Web based media and service
Open Date 17 Mar 2026
Close Date 20 Mar 2026
Allotment 23 Mar 2026
Listing Date 25 Mar 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Kfin Technologies Ltd.

Lead Managers / Book Running

account_balance Smart Horizon Capital Advisors Pvt.Ltd.

timeline IPO Timeline

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Open

17 Mar 2026

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Close

20 Mar 2026

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Allotment

23 Mar 2026

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Listing

25 Mar 2026

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