Novus Loyalty SME IPO Details, Financials, Valuation & Peers
Explore Novus Loyalty SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Novus Loyalty is a technology-driven company established in 2011, specializing in loyalty and rewards solutions.
Core Business: Providing loyalty and rewards solutions.
Main Products/Services: A modern loyalty platform offering customizable and ready-to-use program models, including point-based rewards, event-triggered campaigns, cashback systems, purchase-linked promotions, and digital vouchers. The platform supports On-premises and SaaS models, and includes AI-powered analytics.
Industry Focus: Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and more.
Key Highlights:
- Incorporated in 2011.
- Offers a modern loyalty platform built with the latest technology.
- Provides flexible integration across web, mobile apps, and physical stores.
- Operates in both Indian and international markets.
- Offers both On-premises and SaaS deployment models.
Objects of the Issue
- Funding of expenditure towards Investment in upgrading enhancement of and development of new products
- Business Development and Marketing Activities including manpower hiring
- General corporate purposes and unidentified inorganic acquisition
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 17 Mar - 20 Mar 2026 |
| IPO Price Band | ₹139 - ₹146 per share |
| Fresh Issue | 44.82 Cr |
| Offer For Sale | 11.97 Cr |
| Total IPO Size | 56.79 Cr |
| Face Value | 10 |
| Listing On | BSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 17 Mar 2026 |
| IPO Closing Date | 20 Mar 2026 |
| Basis Of Allotment | 23 Mar 2026 |
| Refunds | 24 Mar 2026 |
| Demat Transfer | 24 Mar 2026 |
| IPO Listing Date | 25 Mar 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 30 Sep 2025 |
|---|---|---|---|---|
| Assets | 13.38 | 12.36 | 14.81 | 21.83 |
| Total Income | 59.61 | 73.61 | 104.63 | 71.43 |
| Profit After Tax | 0.55 | 2.96 | 3.58 | 5.80 |
| EBITDA | 2.27 | 4.82 | 5.69 | 7.79 |
| NET Worth | 6.54 | 9.50 | 13.09 | 18.89 |
| Reserves and Surplus | 6.53 | 9.49 | 13.08 | 6.64 |
| Total Borrowing | 3.53 | 0.82 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Novus Loyalty Ltd. | 49.83 | 2.93 | 27.39% | 10.68 |
| Pelatro Ltd. | 53.72 | 5.64 | 6.31% | 77.64 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 19,40,000 (47.09%) |
| Non-Institutional Investor (NII/HNI) | 5,85,000 (14.20%) |
| Retail Individual Investor (RII) | 13,65,000 (33.13%) |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 1.38 |
| Non-Institutional Investor (NII/HNI) | 1.17 |
| Retail Individual Investor (RII) | 1.82 |
| Total | 1.55 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- Smart Horizon Capital Advisors Pvt.Ltd.
Company Address
Novus Loyalty Ltd.
727, Udyog Vihar Phase V
Industrial Complex Dundahera,
Gurgaon, –122016
Website:https://www.novus-loyalty.com/
Phone:9717154514
Email:investor@novusloyalty.com
FAQs
- What is the issue size of the Novus Loyalty SME IPO?The Novus Loyalty SME IPO has an issue size of 56.79 Cr. This includes a fresh issue of 44.82 Cr and an offer for sale (OFS) of 11.97 Cr.
- What is the price band of the Novus Loyalty IPO?The price band for the Novus Loyalty IPO is ₹139 - ₹146 per share.
- What are the bidding dates for the Novus Loyalty IPO?The Novus Loyalty IPO will open for bidding on 17 Mar 2026 and close on 20 Mar 2026.
- What is the allotment date for the Novus Loyalty IPO?The allotment date for the Novus Loyalty IPO is 23 Mar 2026.
- What is the minimum lot size and investment required for the Novus Loyalty IPO?The minimum lot size for the Novus Loyalty IPO is 1000 shares and the minimum investment required is ₹1,46,000.
- What is the listing date for the Novus Loyalty IPO?The listing date for the Novus Loyalty IPO is 25 Mar 2026.
- What is the Novus Loyalty IPO grey market premium?The grey market premium (GMP) for the Novus Loyalty IPO is currently at ₹0, with an expected listing gain of approximately %. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.