Nova AgriTech Limited IPO

Nova AgriTech Limited IPO

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

IPO Open Date23 Jan 2024
IPO Close Date25 Jan 2024
Allotment Date29 Jan 2024
IPO Listing Date31 Jan 2024

Nova AgriTech Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Equity Share
IPO PriceRs. 39 to Rs. 41 Per Equity Share
Market Lot365 Shares
Listing AtNSE & BSE
Issue SizeApprox. Rs. 144 Crore.

Nova AgriTech Limited IPO Lot Size

Minimum1365Rs. 14965
Maximum132000Rs. 194545
Small HNI (Minimum)144000Rs. 209510
Big HNI (Minimum)6724455Rs. 1002655

Nova AgriTech Limited IPO Allotment Status & Forms

Click Here To Check IPO Allotment Status Nova AgriTech Limited IPO

Click Here To Get ASBA Forms Nova AgriTech Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets180.78160.30147.44
Total Revenue210.93185.61160.93
Profit After Tax20.4913.696.30
for accurate figures follow the company financials.

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 InformationIPO Registrar
Nova AgriTech Limited

Sy.No.251/A/1, Singannaguda Village
Mulugu Mandal
Siddipet, Medak- 502279
Phone: +91 84 54253446
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

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