Nova Agritech Limited is a research-based company that was founded in 2007. It produces and distributes a range of products, including:
- Soil health management
- Crop nutrition
- Biostimulants
- Biopesticides
- Integrated Pest Management
- New technologies
- Crop protection items
Nova Agritech Limited’s manufacturing facilities are located in Hyderabad. The company’s founders, Sambasivarao Yeluri and Kalyana Chakravarthy, aim to provide farmers with ecologically sustainable and nutritionally balanced products.
Nova AgriTech Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 23 Jan 2024 |
| IPO Close Date | 25 Jan 2024 |
| Allotment Date | 29 Jan 2024 |
| IPO Listing Date | 31 Jan 2024 |
Nova AgriTech Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 2 Per Equity Share |
| IPO Price | Rs. 39 to Rs. 41 Per Equity Share |
| Market Lot | 365 Shares |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 144 Crore. |
Nova AgriTech Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 365 | Rs. 14965 |
| Maximum | 13 | 2000 | Rs. 194545 |
| Small HNI (Minimum) | 14 | 4000 | Rs. 209510 |
| Big HNI (Minimum) | 67 | 24455 | Rs. 1002655 |
Nova AgriTech Limited IPO Allotment Status & Forms
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Click Here To Get ASBA Forms Nova AgriTech Limited IPO
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 180.78 | 160.30 | 147.44 |
| Total Revenue | 210.93 | 185.61 | 160.93 |
| Profit After Tax | 20.49 | 13.69 | 6.30 |
Company Promoters:
The promoters of the company are Suraksha Agri Retails (India) Private Limited, Malathi S, and Kiran Kumar Atukuri.
Purpose of the Issue
- Investment in the subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant;
- Funding Capital Expenditure in the Company, towards expansion of the existing formulation plant;
- Funding of working capital requirements of the company;
- Investment in the subsidiary, Nova Agri Sciences Private Limited, for funding working capital requirements; and
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Nova AgriTech Limited Sy.No.251/A/1, Singannaguda Village Mulugu Mandal Siddipet, Medak- 502279 Phone: +91 84 54253446 Email: ipo@novaagri.in Website: https://novaagri.in | Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
