Latest Nova AgriTech IPO allotment Status: Here is how to check allotment status online

January 25, 2024 IPO 2 min read
Nova AgriTech IPO Allotment Status

Nova AgriTech Limited, established in May 2007 in Hyderabad, focuses on producing innovative tools to enhance crop growth in areas such as crop protection, plant nutrition, and soil health. Utilizing advanced technology, the company manufactures environmentally friendly, nutrient-dense products tailored to farmers’ specific needs.

The Nova AgriTech IPO, valued at Rs 143.81 crores, involved an offer to sell 0.78 crore shares and a fresh issue of 2.73 crore shares. The subscription period, from January 23 to January 25, 2024, witnessed robust investor interest. The allotment status of Nova AgriTech IPO was anticipated to be completed by January 29, 2024, with the listing scheduled for January 31, 2024, on the BSE and NSE.

The IPO, priced between ₹39 to ₹41 per share, required a minimum lot size of 365 shares. Retail investors needed to invest a minimum of ₹14,965, with minimum lot size investments for both sNII and bNII at ₹209,510 and ₹1,002,655, respectively.

Here’s how you can check the allotment status of Nova AgriTech IPO: 

Step 1: Go to the BSE website

Step 2: Choose ‘Equity’ and then the issue name from the selection menu.

Step 3: Enter your application number as well as your PAN card number and press ‘Search’.

You can also follow a similar procedure to check the allotment status on the Registrar’s website: 

Step 1: Go to the BigShare Services Private Limited website. 

Step 2: Select the IPO name by clicking on ‘Company Selection’.

Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’. 

If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on January 23, 2024

Nova AgriTech GMP (Grey Market Premium)

Date

GMP

January 20 ₹20
January 19 ₹20

As of January 20, 2024, at 9:53 AM, the last GMP for the Nova Agri Tech IPO is ₹20. The projected listing price of the Nova Agri Tech IPO is ₹61 (cap price + today’s GMP), with a price band of 41.00.48.78% is the anticipated percentage gain or loss per share.

 

 


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