Exchanges
BSE, NSE
Issue
Book building

Nova AgriTech IPO

₹57.75

+40.85% on listing

Listing-day close · NSE · 31 Jan 2024 · issue price ₹41

Nova AgriTech’s ₹144 crore IPO was priced at ₹41 a share. It listed on the NSE on 31 Jan 2024 and closed its first day at ₹57.75, up 40.85% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹144 Cr
Fresh issue
₹112 Cr
Offer for sale
₹31.81 Cr
Lot size
365 shares
Minimum investment
₹14,965
Face value
₹2
Registrar
Bigshare Services

Subscription

Nova AgriTech IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—78.51×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹379 Cr
P/E (post-issue)
18.3
EPS (post-issue)
₹2.24
Price to book
4.1
ROE
38.27%
ROCE
27.25%
Debt to equity
1.11
PAT margin
9.73%
Promoter holding
84.27% → 59.39%

From the offer documents.

Listing

Listing date
31 Jan 2024
Issue price
₹41
Open
₹55.00
High
₹57.75
Low
₹55.00
Close
₹57.75

Listing day on the NSE. The close was +40.85% on the issue price.

Nova Agritech share price today

FAQs

When did the Nova AgriTech IPO open and close?

It opened on 23 Jan 2024 and closed on 25 Jan 2024.

What was the Nova AgriTech IPO price?

The price band was ₹39–41 a share. The final issue price was ₹41.

What is the lot size and minimum investment?

One lot is 365 shares, ₹14,965 at ₹41 a share. Retail investors apply in whole lots.

How much did Nova AgriTech raise?

₹144 crore: ₹112 crore of new shares and ₹31.81 crore offered by existing shareholders.

How many times was the Nova AgriTech IPO subscribed?

78.51 times overall.

How did Nova AgriTech list?

It listed on the NSE on 31 Jan 2024 at ₹55.00 and closed the day at ₹57.75, up 40.85% on the ₹41 issue price.

Who is the registrar of the Nova AgriTech IPO?

Bigshare Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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