51  Total SME IPOs listed in 2025

2,358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

51  Total SME IPOs listed in 2025

2358.51 Crs.  Total funds raised in 2025

35  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

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Novavente Limited IPO (Novavente IPO) Details

Mumbai

Date of DRHP : 06 Mar 2025

Issue Type : Book Building Process

IPO Type : SME IPO

Novavente Limited Basic Details

   Information Technology

Sub Sector:

Exchange:
NSE Emerge

About the Company

Novavente, is a Mumbai based “Sales Organization” that was founded by first generation entrepreneurs Mr. Ronak Rajan and Mr. Samrat Dilip Parasnis in 2016. Both founders are experienced in Sales, Mr. Ronak Rajan and Mr. Samrat Dilip Parasnis have overall work experience of more than 16 years and 19 years respectively. Company provides services related to sales-as-a-managed services, Demand generation-as-a-service, End-to-end sales, the Sales school and SalesMinds Gen-AI Platform to clients engaged in in Software & Software Services, IT Services, Engineering Products, Oil & Gas, Energy, Defence & Aerospace, Media and other such industries. The Company is managed by an experienced delivery and operations management team, which provides the necessary technology, marketing & sales guidance to all their employees and clients

Financial Summary (Annualised Basis)

Revenue :
13.18 Cr.

PAT :
3.88 Cr.

Novavente Limited IPO Lead Manager(s)

Khambatta Securities Limited

Novavente Limited IPO Registrar

MUFG Intime India Private Limited

Novavente Limited DRHP Details

Objects of issue

  • To meet the working capital requirements of the Company
  • Investment in software; For Acquiring of the usage right of “Sales Mind” platform from Thought Minds for providing services to end users
  • Expansion of business - for development of “The Sales School” as an online Technology Sales Training & Career Program platform
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

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FAQs

Novavente operates in Information Technology and . The Issue would be listed on SME. The registrar of the Issue is MUFG Intime India Private Limited. The IPO type of Novavente is Book Building Process and Object of issue is

  • To meet the working capital requirements of the Company
  • Investment in software; For Acquiring of the usage right of “Sales Mind” platform from Thought Minds for providing services to end users
  • Expansion of business - for development of “The Sales School” as an online Technology Sales Training & Career Program platform
  • Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes

The DRHP (Draft Red Herring Prospectus) of Novavente IPO was filed on 06 Mar 2025.

No, Novavente IPO is not yet listed. See other upcoming SME IPOs here.

The IPO open date and IPO close date of Novavente are not available now. You can apply in Novavente IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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