IPO market

Novus Loyalty IPO is a SME book building IPO. Issue size is 60 Cr. Price band is ₹139 to ₹146 per share. Minimum investment is ₹2.92 L. Lot size is 1000 shares. Open from 17 Mar 2026 to 20 Mar 2026. on 23 Mar 2026. Listing on 25 Mar 2026 at BSE. Managed by Smart Horizon Capital Advisors Pvt.Ltd. Registrar: Kfin Technologies Limited. Key details for GMP, subscription, price, , and listing in one place.
Price band and lot size for Novus Loyalty IPO. Price band is ₹139 to ₹146 per share. Face value is ₹10 per share. Lot size is 1000 shares. Minimum retail investment from ₹2.92 L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,92,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,38,000 |
| S-HNI (UPI) | 3 | 3,000 | ₹4,38,000 |
| S-HNI (Max) | 6 | 6,000 | ₹8,76,000 |
| B-HNI (Min) | 7 | 7,000 | ₹10,22,000 |
Pre-filled: Issue Price = ₹146, Lot Size = 1,000 shares, Listing Price = ₹146
| Category | Lots | Investment | At listing | At Par |
|---|---|---|---|---|
| Retail (Min) | 2 | ₹2,92,000 | ₹146 | - |
| S-HNI (Min) | 3 | ₹4,38,000 | ₹146 | - |
| S-HNI (UPI) | 3 | ₹4,38,000 | ₹146 | - |
| S-HNI (Max) | 6 | ₹8,76,000 | ₹146 | - |
| B-HNI (Min) | 7 | ₹10,22,000 | ₹146 | - |
Profit based on the official listing price for each investor category.
Price band, lot size, and minimum investment—explained.