Novus Loyalty Ipo
Novus Loyalty IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Smart Horizon Capital Advisors Pvt.Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,92,000 |
| Retail Maximum | 2 | 2,000 | ₹2,92,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,38,000 |
| S-HNI Maximum | 6 | 6,000 | ₹8,76,000 |
| B-HNI Minimum | 7 | 7,000 | ₹10,22,000 |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | 11,30,000 Shares | 27.43% |
| QIB (Ex. Anchor) | 8,10,000 Shares | 19.66% |
| NII Shares Offered | 5,85,000 Shares | 14.20% |
| Retail Shares Offered | 13,65,000 Shares | 33.13% |
| Anchor Bidding Date | March 16, 2026 |
| Anchor Investors List | |
| Shares Offered | 11,30,000 Shares |
| Anchor Size | 16.50 Cr. |
| lock-in period end date 50% shares (30 Days) | April 22, 2026 |
| lock-in period end date 50% shares (90 Days) | June 21, 2026 |
| IPO Open Date: | March 17, 2026 |
| IPO Close Date: | March 20, 2026 |
| Basis of Allotment: | March 23, 2026 |
| Refunds: | March 24, 2026 |
| Credit to Demat Account: | March 24, 2026 |
| IPO Listing Date: | March 25, 2026 |
| IPO Bidding Cut-off Time: | March 20, 2026 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,22,50,200 | 95.62% |
| Promoter Holding Post Issue | 1,55,50,200 | -% |
| Purpose | Crores |
| Funding of expenditure towards Investment in upgrading enhancement of and development of new products | ₹13.00 |
| Business Development and Marketing Activities including manpower hiring | ₹9.62 |
| General corporate purposes and unidentified inorganic acquisition | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹59.61 | ₹58.81 | ₹0.55 | ₹13.38 |
| 2024 | ₹73.61 | ₹69.56 | ₹2.96 | ₹12.36 |
| 2025 | ₹104.63 | ₹99.57 | ₹3.58 | ₹14.81 |
| Sep 2025 | ₹71.43 | ₹63.79 | ₹5.80 | ₹21.83 |
| KPI | Values |
| ROE: | 31.74% |
| ROCE: | 40.40% |
| EBITDA Margin: | 5.44% |
| PAT Margin: | 3.43% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹2.93 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.39% |
| Net Asset Value (NAV): | ₹10.68 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Pelatro Limited | 5.64 | 53.72 | 6.31% | 77.64 | – Cr. |
| IPO Open Date | March 17, 2026 |
| IPO Close Date | March 20, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹139 to ₹146 Per Share |
| Issue Size | Approx ₹60.15 Crores |
| Fresh Issue | Approx ₹48.18 Crores |
| Offer for Sale: | Approx 8,20,000 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |