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Nova Agritech IPO

Equity News Hub Team, January 22, 2024January 22, 2024

Table of Contents

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  • ABOUT NOVA AGRI GROUP
  • Financials Of Company(Screen Shot taken From the RHP PDF)
  • Nova AgriTech IPO Timeline (Tentative Schedule)
  • Nova AgriTech IPO Details

ABOUT NOVA AGRI GROUP

Nova Agritech Limited was incorporated as a private limited company under the provisions of the Companies Act, 1956 on May 9, 2007 at Hyderabad, Andhra Pradesh. Our business was started by our founders Sambasivarao Yeluri and Kalyana Chakravarthy with an objective to be a one-stop solution provider by offering ecologically sustainable and nutritionally balanced products to the farmers.

Financials Of Company(Screen Shot taken From the RHP PDF)

Nova AgriTech IPO Timeline (Tentative Schedule)

Nova AgriTech IPO opens on January 23, 2024, and closes on January 25, 2024.

IPO Open Date Tuesday, January 23, 2024
IPO Close Date Thursday, January 25, 2024
Basis of Allotment Monday, January 29, 2024
Initiation of Refunds Tuesday, January 30, 2024
Credit of Shares to Demat Tuesday, January 30, 2024
Listing Date Wednesday, January 31, 2024
Cut-off time for UPI mandate confirmation 5 PM on January 25, 2024

Nova AgriTech IPO Details

IPO Date January 23, 2024 to January 25, 2024
Listing Date [.]
Face Value ₹2 per share
Price Band ₹39 to ₹41 per share
Lot Size 365 Shares
Total Issue Size 35,075,693 shares
(aggregating up to ₹143.81 Cr)
Fresh Issue 27,317,073 shares
(aggregating up to ₹112.00 Cr)
Offer for Sale 7,758,620 shares of ₹2
(aggregating up to ₹31.81 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 65,202,740
Share holding post issue 92,519,813

 

Click Here To Download RHP PDF

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