247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Nova AgriTech Limited IPO (Nova AgriTech IPO) Details

Nova AgriTech Limited is an Agro based company, located in Medak, Nova AgriTech Limited IPO size was 143.81 Cr. and was issued at 41.00 per share. The share of Nova AgriTech Limited were listed at 58.79 per share and are currently trading at 63.26 per share.

Type :
Sub Sector : Soil Health Products And Bio-pesticides
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
206.48 Cr.

PAT :
20.76 Cr.

Pricing Report

Issue Price :
41.00

Listing Price :
58.79

Current Market Price :
63.26

Issue Price vs CMP :
22.26 (54.29%)

listing Price vs CMP :
4.47 (7.60%)

Performance Report (CAGR* wise)

CAGR : 55.99
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Nova AgriTech

Company Information
Nova AgriTech Limited is an agri-input manufacturer that offers soil health management, crop nutrition, and crop protection products, focusing on a tech-based, farmer-driven solution approach. It provides ecologically sustainable and nutritionally balanced products, primarily developed through its R&D efforts. The company manufactures, distributes, and markets a wide range of products across categories such as soil health management, crop nutrition, bio-stimulants, bio-pesticides, integrated pest management (IPM), new technologies, and crop protection. Its subsidiary, Nova Agri Sciences Private Limited, currently manufactures the crop protection products. As of January 31, 2023, the company has received 629 product registrations, including 7 in soil health management, 168 in crop nutrition, 4 in bio-pesticides, and 450 in crop protection. The 450 crop protection registrations are held in the name of
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Object of 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

Nova AgriTech MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jan, 2024
IPO Size :
143.81 Cr.
Market Cap :
379.33 Cr.   
IPO Subscription :
113.21 X     
PE Multiple :
23.06
Merchant Banker :
Keynote Financial Services Limited
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Nova AgriTech operates in Agro and Soil Health Products And Bio-pesticides. The Issue is listed on MainBoard in Jan, 2024. Nova AgriTech IPO size was 143.81 Cr. with Issue price of 41.00 .

Merchant Banker(s) of Nova AgriTech IPO: Keynote Financial Services Limited , Bajaj Capital Limited

Nova AgriTech IPO subscription was 113.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Nova AgriTech IPO listed at a listing price of 58.79 against the offer price of 41.00.

The current market price of Nova AgriTech is 63.26.

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