Company Name | Nova AgriTech Limited |
Open Date | 23-01-2024 |
Close Date | 25-01-2024 |
Exchange | BSE, NSE |
Lot Size | 365 Shares |
Issue Price | ₹39 to ₹41 per share |
Issue Size | 3,50,75,693 shares |
Application Amount | Min. Inv. - ₹ 14,965 (365 shares) Max. Inv. – ₹ 1,94,545 (4,745 shares) |
Recommendation | Risk Averse investors should wait and Risk Seekers should apply |
Nova Agritech Limited was originally incorporated in the year 2007 and has its registered office in Medak, Telangana, India.The company is an agri-input manufacturer offering soil health management, crop nutrition and crop protection products focused on a tech-based farmer-driven solution approach, wherein they mainly offer ecologically sustainable and nutritionally balanced products based on the Research and Development.The Company manufacturers, distributes and markets a wide range of product categories consisting of (a) soil health management products; (b) crop nutrition products; (c) bio stimulant products; (d) bio pesticide products (e) Integrated Pest Management products; (f) new technologies; and (g) crop protection products. As of 30th November 2023, the Company had 283 employees on its payroll.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Sept-23 |
Total Assets | 147.44 | 160.30 | 180.78 | 196.37 |
Net Assets | 29.43 | 43.19 | 63.88 | 74.23 |
Total Borrowings | 51.10 | 64.27 | 70.96 | 68.50 |
Total Revenue | 160.93 | 185.61 | 210.93 | 103.24 |
Profit After Tax | 6.30 | 13.69 | 20.49 | 10.38 |
Opening Date | 23/01/2024 |
Closing Date | 25-01-2024 |
Basis of Allotment | 29-01-2024 |
Initiation of Refunds | 30-01-2024 |
Credit of Shares to Demat | 30-01-2024 |
Listing Date | 31-01-2024 |
Investment in the subsidiary – setting up a new formulation plant, and funding working capital requirements. |
Funding Capital Expenditure in the Company towards expansion of the existing formulation plant. |
Funding of working capital requirements. |
General corporate purposes. |
Registered Office | Nova AgriTech Limited Sy.No.251/A/1, Singannaguda Village Mulugu Mandal Siddipet, Medak- 502279 |
Phone | +91 84 54253446 |
ipo@novaagri.in | |
Website | https://novaagri.in/ |
Nova AgriTech IPO DRHP |
Nova AgriTech IPO RHP |
Name | Bigshare Services Pvt Ltd |
Phone | +91-22-6263 8200 |
ipo@bigshareonline.com | |
Website | https://ipo.bigshareonline.com/ipo_status.html |
QIB | 7,015,139 (20.00%) |
NII | 5,261,354 (15.00%) |
RII | 12,276,492 (35.00%) |
Anchor investors | 10,522,220 (30.00%) |
Share Holding Pre Issue (Promoters) | 84.27% |
Share Holding Post Issue (Promoters) | 51.00% |