IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Novus Loyalty IPO is a Book Building IPO listing on BSE SME exchange, with an ipo size of ₹ [●] Cr. The company is based in New Delhi and caters to Information Technology - Data Solutions sector. Smart Horizon Capital Advisors is the merchant banker of Novus Loyalty IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th September 2025.
IPO
Size:
₹ Cr.
Avg IPO Size (Sector Based)
: ₹
22.64 cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
51
Merchant Banker:
Smart Horizon
SME
IPO by BRLM so far:
15
City:
New Delhi
SME
IPO so far:
180
Revenue (annualised):
₹
104.62
cr. 
PE
Ratio:
x
Average Sector PE Ratio: 18.21x
Novus Loyalty IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
| Particulars | Amount |
|---|---|
| Business Development and Marketing Activities including manpower hiring | 9.62 |
| General corporate purposes and unidentified inorganic acquisition | [●] |
Smart Horizon Capital Advisors Private Limited is the book-running lead manager of the Novus Loyalty IPO. Kfin Technologies Limited is the Registrar for Novus Loyalty IPO.
Novus Loyalty IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Novus Loyalty IPO, based in New Delhi, operates in the Information Technology - Data Solutions sector with a focus on Specializing in loyalty and rewards solutions designed for diverse industries. The company is launching its SME Upcoming IPO on the BSE SME exchange, using the Book Building Issue method. Novus Loyalty IPO size is ₹ [●] with fresh issue size of ₹ 0 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Novus Loyalty IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Novus Loyalty IPO allotment status on the registrars website, Kfin Technologies Limited . Novus Loyalty IPO refund dates are [●].
Novus Loyalty IPO is expected to be listed on [●].
The upper price band for the Novus Loyalty IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Novus Loyalty IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Novus Loyalty IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Novus Loyalty IPO is finalised.
The merchant banker for Novus Loyalty IPO is Smart Horizon Capital Advisors Private Limited . Smart Horizon Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Novus Loyalty IPO RHP for further details.
The registrar for Novus Loyalty IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Novus Loyalty IPO through their official website or helpline.
Novus Loyalty IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Get
Ready Image
IPO
Size:
[●]
Avg IPO Size (Sector Based)
:
₹ 22.64 Cr.
Sector: Information Technology - Data Solutions
SME
IPO so far:
51
Merchant Banker:
Smart Horizon
SME
IPO by BRLM so far:
15
City:
New Delhi
SME
IPO so far:
180
Revenue (annualised):
₹ 104.62 cr.
PE
Ratio:
[●]
Average Sector PE Ratio: 18.21x
Novus Loyalty IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Novus Loyalty Financial Review Page
Merchant Banker(s) of Novus Loyalty IPO: Smart Horizon Capital Advisors Private Limited
Novus Loyalty IPO subscription was 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.
Novus Loyalty IPO listed at a listing price of against the offer price of .
The current market price of Novus Loyalty is .
Why Us?
