IPO market

Novus Loyalty IPO is a SME 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.
Live IPO subscription for Novus Loyalty IPO across categories. Total demand ₹45.09 L vs offered ₹27.60 L.
| Category | Offered | Placed | Times |
|---|---|---|---|
| QII | 8,10,000 | 11,15,000 | 1.38 |
| NII | 5,86,000 | 9,14,000 | 1.56 |
| NII (>10L) | 3,91,000 | 7,42,000 | 1.90 |
| NII (<10L) | 1,95,000 | 1,72,000 | 0.88 |
| Retail | 13,64,000 | 24,80,000 | 1.82 |
| Total | 27,60,000 | 45,09,000 | 1.63 |
| Category | Offered | Placed | Times |
|---|---|---|---|
| HNI (>10L) | 129 | 42 | 0.33 |
| HNI (3-10L) | 65 | 58 | 0.89 |
| Retail | 682 | 1,240 | 1.82 |
| Total | 876 | 1,340 | 1.53 |
How to read QIB / NII / Retail demand and what it implies.