Novus Loyalty SME IPO Live Subscription Status
Subscription Progress (Day 5)
Day-wise Subscription Details
| Day | QIB | NII | Small NII | Big NII | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 | 0.76x | 0.45x | 0.08x | 0.64x | 1.04x | 0.83x |
| Day 2 | 0.89x | 0.58x | 0.16x | 0.78x | 1.38x | 1.06x |
| Day 3 | 0.57x | 1.17x | 0.88x | 1.31x | 1.82x | 1.10x |
| Day 4 | 0.57x | 1.17x | 0.88x | 1.31x | 1.82x | 1.10x |
| Day 5 | 0.57x | 1.17x | 0.88x | 1.31x | 1.82x | 1.10x |
IPO Shares Offered & Bidding Summary
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 19,40,000 | 11,15,000 | 16.28 |
| NII (Total) | 5,86,000 | 6,84,000 | 9.99 |
| Small NII (≤₹10L) | 1,95,000 | 1,72,000 | 2.51 |
| Big NII (>₹10L) | 3,91,000 | 5,12,000 | 7.48 |
| Retail (RII) | 13,64,000 | 24,80,000 | 36.21 |
| Shareholder | 0 | ||
| Employee | 0 | ||
| Total | 3,890,000 | 4,279,000 | 62.47 |
How to Apply for this IPO? Read here.
Novus Loyalty subscribed 1.55 times overall on March 20, 2026 (Day 4).
Novus Loyalty provides loyalty and reward solutions to various clients across India and the globe. The company started its operations in 2011 and is based in Gurgaon. This IPO helps the company fund its expansion plans. The company will use the proceeds from the fresh issue to upgrade its technology products. It also wants to hire more marketing staff. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor Investor Allocation
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of 11,30,000 Equity Shares to Anchor Investors at Rs. 146 per share.
| Anchor Investor Details | |
|---|---|
| Bid Date | March 16, 2026 |
| Shares Offered | 11,30,000 |
| Anchor Portion (₹ Cr.) | 16.50 |
| Anchor lock-in period end date for 50% shares (30 Days) | April 22, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 21, 2026 |
| Sr. | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
| 1 | BENGAL FINANCE & INVESTMENT PVT.LTD. | BENGAL FINANCE & INVESTMENT | 3,43,000 | 5.01 | 30.35 | 8.33 |
| 2 | RAJASTHAN GLOBAL SECURITIES PVT.LTD. | RAJASTHAN GLOBAL SECURITIES | 2,74,000 | 4 | 24.25 | 6.65 |
| 3 | PESB ALPHA FUND | PESB CAPITAL | 1,34,000 | 1.96 | 11.86 | 3.25 |
| 4 | VINEY GROWTH FUND | VINEY | 1,03,000 | 1.5 | 9.12 | 2.5 |
| 5 | SB OPPORTUNITIES FUND II | SB OPPORTUNITIES FUND | 69,000 | 1.01 | 6.11 | 1.67 |
| 6 | PARADISE MOON INVESTMENT FUND I | PARADISE MOON | 69,000 | 1.01 | 6.11 | 1.67 |
| 7 | VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES | VIKASA | 69,000 | 1.01 | 6.11 | 1.67 |
| 8 | CCV EMERGING OPPORTUNITIES FUND I | CCV | 69,000 | 1.01 | 6.11 | 1.67 |
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
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