Atharva Polyplast GMP ₹7 ▲ 12.73%CSM Technologies GMP ₹4 ▲ 3.74%Turtlemint Fintech Solutions GMP ₹3 ▲ 2.08%Knack Packaging GMP ₹11.5 ▲ 7.14%Aastha Spintex GMP ₹5 ▲ 4.00%Twinkle Papers GMP ₹7 ▲ 10.94%Kratikal Tech GMP ₹17 ▲ 13.28%
By Sanjay Bambhaniya
April 15, 2026
SME | Book Build
Listed

Novus Loyalty SME IPO Allotment Status

₹139 - ₹146Price Band
₹60.15 Cr. Issue Size
2,000 sharesLot Size
TechnologySector
Issue Open
Mar 17, 2026
Book Build
Issue Close
Mar 20, 2026
2 Lots (retail)
Allotment Date
Mar 23, 2026
Lot size: 2,000 shares
Listing Date
Mar 25, 2026
BSE SME
IPO DETAILS REVIEW GMP SUBSCRIPTION ALLOTMENT STATUS

The allotment process is the phase in which the company decides who gets the shares based on the total bids received. Novus Loyalty IPO investors wait to see whether they receive shares on Allotment day, March 23, 2026. Novus Loyalty IPO of approx. 60.15 crore opens on March 17, 2026. It includes the fresh issue of 48.18 crore and the Offer for Sale of 11.97 crore. These proceeds are to fund product development and marketing. Retail investors must purchase a minimum of 2 lots of 1,000 shares each. This company works in technology-driven loyalty solutions.

Allotment Status

Check Allotment
Visit KfinTech
Visit BSE
Your Brokerage App
Key Dates
Refunds
March 24, 2026
Demat Credit
March 24, 2026
Listing Date
March 25, 2026
✅ Allotment Success: Demat Shares Credit March 24, 2026 | ❌ Non-Allotment: IPO Funds Unblocking (Refund)
Trading from 10:00 AM

Most banks unblock the ASBA funds and provide refunds within 24 to 48 hours of the allotment/refund date. You can contact the registrar/bank if you do not get the refund in 7-10 working days.

How to Check Allotment Status

The official registrar for this IPO is Kfin Technologies Ltd. They are responsible for the entire allotment process, refunds, and the share credit. You can check the status on three different platforms:

Method 1: Official Registrar Website

  • Visit the Kfintech IPO portal.
  • Select ‘Novus Loyalty’.
  • Enter PAN or Application Number.
  • Submit.

Method 2: BSE / NSE Website

  • Go to BSE / NSE IPO Allotment.
  • Select Equity.
  • Enter Application Number and PAN.
  • Submit

Method 3: Demat Account

  • Log in to your broker (e.g., Zerodha)
  • ((Login Credentials)
  • Go to the IPO section.
  • Check the “My Applications” tab.

Get in touch with Kfintech Pvt.Ltd for any concerns or queries related to allotment, refunds, or credit of shares.

After Allotment: What's Next?

✅ Allotted Shares
March 24, 2026
Shares credited to your Demat account by end of day. Check under 'Holdings' in your broker app.
❌ Not Allotted
March 24, 2026
ASBA amount unblocked by your bank. Funds will reflect in your account within 1-2 business days.
📈 Listing Day Trading
March 25, 2026
Shares available for trading from market open (9:15 AM). You can sell on listing day.
Verify Demat Credit
Check broker app or CDSL/NSDL portal
Refund Timeline
Wait 24-48 hours post allotment
Listing Strategy
Decide hold or sell based on GMP
Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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