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NOVAAGRIEQ / NSE, BSEListed
Nova Agri Tech

Nova AgriTech Limited, founded in Hyderabad in May 2007, specializes in manufacturing environmentally friendly and technology-driven agricultural products focused on soil health, plant nutrition, and crop protection. The company develops tailored solutions by collaborating with farmers and offers a diverse product range, including soil health products, crop nutrition, biostimulants, biopesticides, integrated pest management (IPM) products, new technologies, and crop protection products. Its subsidiary, Nova Agri Sciences Private Limited, handles crop protection manufacturing. As of January 31, 2023, the company has secured 629 product registrations across four categories: soil health management (7), plant nutrition (168), biopesticides (4), and crop protection (450). To support farmers, Nova AgriTech has structured its NKSK program, comprising 32 NKSK Coordinators (agriculture graduates), 13 Kisan Mitras, and 253 Kisan Sevaks, ensuring grassroots engagement. Additionally, its 215-member sales team oversees brand sales, distribution channels, and product promotions.

DRHPANCHOR
₹39 - ₹41113.2x sub
Listed Price₹55.00
Listing Gain+34.15%

IPO Schedule & Timeline

Book Built Issue IPO
Open23 Jan 2024
Close25 Jan 2024
Allotment29 Jan 2024
Listing31 Jan 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail1,22,76,492 shares
35%
Nii(hni)52,61,354 shares
15%
QIB70,15,139 shares
20%

Minimum Application Lots

Retail1 Lot (365 shares)
₹14,965
sHNI14 Lots (5,110 shares)
₹2,09,510
bHNI67 Lots (24,455 shares)
₹10,02,655

Company Promoters

Suraksha Agri Retails (India) Private LimitedMalathi SKiran Kumar Atukuri

Company Background

Nova AgriTech Limited, founded in Hyderabad in May 2007, specializes in manufacturing environmentally friendly and technology-driven agricultural products focused on soil health, plant nutrition, and crop protection. The company develops tailored solutions by collaborating with farmers and offers a diverse product range, including soil health products, crop ...

Lead Managers & Bankers

Keynote Financial Services LimitedBajaj Capital Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹103.24 Cr
Growth-35.8%
Revenue Trend (₹ in Crores)
0.080.9161.7242.6Mar-21Mar-22Mar-23Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-23103.2410.38196.3768.50
Mar-23210.9320.49180.7870.96
Mar-22185.6113.69160.3064.27
Mar-21160.936.30147.4451.10

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values038.27%27.25%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
29 Jan 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
31 Jan 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Nova Agri Tech. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Jan 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date31 Jan 2024Trading commences on exchange

How to Check Nova Agri Tech Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Nova Agri Tech from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Nova Agri Tech IPO

Complete issue overview for Nova Agri Tech (NOVAAGRI) IPO. The issue features an equity share price band of ₹39 – ₹41 per share with a minimum retail lot size of 365 Shares (minimum application amount of ₹14,965). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions