31 Mar 2021
Assets147.44
Total Income160.93
Profit After Tax6.30
NET Worth29.43
Reserves and Surplus16.41
Total Borrowing51.10
At a glance
Updated 2026-08-24The shares listed at ₹55.00, a 34.15% move from the issue price. Nova Agri Tech is a Mainboard IPO with an issue size of ₹143.81 crore, proposed for listing on BSE, NSE. The offer opens on 23rd Jan 2024 and closes on 25th Jan 2024. The issue structure includes a fresh issue of ₹112.00 crore and an offer-for-sale component of ₹31.81 crore. The current listing schedule points to 31st Jan 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹143.81 Cr
Fresh issue₹112.00 Cr
Offer for sale₹31.81 Cr
Face value₹2
Price band₹39.00–₹41.00
Allotment29th Jan 2024
Listing31st Jan 2024
Listing performance
Full performance ↗Issue price₹41.00
Listing price₹55.00
Current price—
Listing gain34.15%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹13.00
GMP / upper price31.71%
Est. listing₹54.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23rd Jan 2024
Closes25th Jan 2024
Allotment29th Jan 2024
Refund30th Jan 2024
Demat30th Jan 2024
Listing31st Jan 2024
Subscription demand
Full bidding ↗Total113.21×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 365 | ₹14,965 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Investment in the subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant | ₹14.20 Cr |
| Funding Capital Expenditure by the Company,towards expansion of the existing formulation plant | ₹10.49 Cr |
| Funding of working capital requirement of the Company | ₹26.65 Cr |
| Investment in the subsidiary, Nova Agri Sciences Private Limited for funding working capital requirements | ₹43.36 Cr |
| General Corporate purposes | ₹3.13 Cr |
| Total | ₹97.83 Cr |
Financials
Full financials ↗22 Mar 2022
Assets160.30
Total Income185.61
Profit After Tax13.69
NET Worth43.19
Reserves and Surplus30.10
Total Borrowing64.27
31 Mar 2023
Assets180.78
Total Income210.93
Profit After Tax20.49
NET Worth63.88
Reserves and Surplus50.59
Total Borrowing70.96
30 Sep 2023
Assets196.37
Total Income103.24
Profit After Tax10.38
NET Worth74.23
Reserves and Surplus60.97
Total Borrowing68.50
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| Price to Book Value |
Valuation & shareholding
Pre-IPO EPS3.14
Post-IPO EPS2.24
Pre-IPO P/E13.05
Post-IPO P/E18.27
Promoter holding pre84.27%
Promoter holding post59.39%
Market cap₹379.33 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs including underwriting commission, brokerage and selling commission, as applicable | ₹5.09 Cr |
| Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs | ₹1.82 Cr |
| Bidding charges for members of the Syndicate (including their sub-Syndicate Members), Registered Brokers, RTAs and CDPs | ₹0.89 Cr |
| Fees payable to Registrar to the Offer | ₹0.81 Cr |
| Listing Fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses such as ROC fees, Depository Charges, etc. | ₹1.66 Cr |
| Printing and stationery expenses | ₹1.12 Cr |
| Advertising and marketing expenses | ₹1.68 Cr |
| Fees payable to legal counsels | ₹0.65 Cr |
| Miscellaneous expenses such as Chartered engineer fees, PCS fees, Monitoring Agency, Other Advisors to the offer and other out of pocket expenses including travelling and conveyance | ₹0.45 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Keynote Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.