Question 1

What is the Novus Loyalty Limited IPO?

Accepted Answer

The Novus Loyalty Limited IPO is an SME (Small and Medium Enterprise) Initial Public Offering where Novus Loyalty Limited is offering its shares to the public for the first time. The total issue size is ₹60.15 Cr with a price band of ₹139-146. This allows retail and institutional investors to become shareholders in the company.

Question 2

When will Novus Loyalty Limited IPO open?

Accepted Answer

The Novus Loyalty Limited IPO was open from 17 March 2026 to 20 March 2026. The subscription period has now ended.

Question 3

What is the lot size of Novus Loyalty Limited IPO?

Accepted Answer

The lot size for Novus Loyalty Limited IPO is 1000 shares, which means the minimum investment required is approximately ₹1,46,000 (1000 shares × ₹139-146). Retail investors can apply for one or more lots, but applying for a single lot typically gives better allotment chances during oversubscription.

Question 4

How to apply for Novus Loyalty Limited IPO?

Accepted Answer

You can apply for the Novus Loyalty Limited IPO through multiple channels: 1) Online broker platforms like Zerodha, Groww, Angel One, Upstox (most convenient); 2) Internet banking using ASBA facility; 3) Through your bank branch. You'll need a Demat account, linked bank account, PAN card, and sufficient funds. The application process involves selecting the IPO, choosing number of lots, selecting bid price (or cutoff), and authorizing the payment via UPI mandate.

Question 5

When is Novus Loyalty Limited IPO allotment?

Accepted Answer

The Novus Loyalty Limited IPO allotment was completed on Expected 5-7 days after closing. You can check your allotment status on the registrar's website (Link Intime, KFintech, or Bigshare) using your PAN number, application number, or Demat details. Allotted shares will be credited to your Demat account before the listing date. If you don't get allotment, your blocked amount will be unblocked automatically.

Question 6

When is Novus Loyalty Limited IPO listing date?

Accepted Answer

The Novus Loyalty Limited IPO was listed on 25 March 2026. On listing day, shares will start trading on the stock exchanges, and you can sell your allotted shares or hold them for long-term investment based on your strategy. Listing price depends on market demand and may be above, below, or at the issue price.

Question 7

Was GMP of Novus Loyalty Limited IPO reliable?

Accepted Answer

Grey Market Premium (GMP) data for Novus Loyalty Limited IPO was not available or was negative before listing. Actual listing performance should be evaluated based on the listing price and current market price.

Question 8

How much profit have I made if I held Novus Loyalty Limited IPO after allotment?

Accepted Answer

If you were allotted shares at the issue price of ₹146 and held them until now, your current gain is +43.4% (₹63 per share). For one lot of 1000 shares, your profit would be ₹63,000. On listing day, the stock opened at ₹146 (0.0% gain). Holding the IPO has given better returns than selling on listing day. Remember, past performance doesn't guarantee future results, and investment decisions should be based on the company's fundamentals and your investment goals.

Application	Lots	Shares	Amount
Individual(min) Individual Investors for SME IPO - Investment up to ₹2 lakhs (min 2 lots)	2	2,000	₹2.92L
Individual(max) Individual Investors for SME IPO - Investment up to ₹2 lakhs (min 2 lots)	2	2,000	₹2.92L
SHNI(min) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	3	3,000	₹4.38L
SHNI(max) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	6	6,000	₹8.76L
BHNI(min) Big HNI - Investment above ₹10 lakhs	7	7,000	₹10.22L

Category	Subscribed	Applications	Shares applied
QIB	1.38x	10 / 810	11,15,000
NII	1.56x	78 / 195	9,14,000
└─bNII

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