IPO

Novus Loyalty Limited IPO

BSE SME

Offer Date: Mar 17, 2026 - Mar 20, 2026

₹ 292000 /2000 Shares
*Min Investment

17 Mar, 2026

Open Date

20 Mar, 2026

Close Date

23 Mar, 2026

Allotment Date

25 Mar, 2026

Listing Date
Novus Loyalty IPO Issue Details
  • Issue Price ₹139-146 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 41,20,000 shares(aggregating up to ₹60.15 crore)
  • Fresh Share 33,00,000 shares(aggregating up to ₹48.18 crore)
  • Offer For Sale 8,20,000 shares(aggregating up to ₹11.97 crore)
  • Listing at BSE SME
  • Lead Manager Smart Horizon Capital Advisors Pvt.Ltd.
  • Registrar Kfin Technologies Ltd.
Market Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2,000 ₹2,92,000
Individual(max) 2 2,000 ₹2,92,000
SHNI(min) 3 3,000 ₹4,38,000
SHNI(max) 6 6,000 ₹8,76,000
BHNI(min) 7 7,000 ₹10,22,000
Novus Loyalty IPO Documents
Novus Loyalty IPO Details


Novus Loyalty Limited IPO is an SME IPO, priced at ₹139-146 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 41,20,000 equity shares, aggregating up to ₹60.15 crores..

The IPO bidding window is open from Mar 17, 2026 to Mar 20, 2026. The allotment is expected to be finalized on Mar 23, 2026, and the tentative listing date is Mar 25, 2026.

The minimum lot size for Individual investors is 2,000 shares, with a minimum investment of ₹2,92,000.

Smart Horizon Capital Advisors Pvt.Ltd. is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Ltd., and

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Novus Loyalty Valuations
EPS Pre IPO ₹/-
EPS Post IPO ₹/-
ROE 31.74%
ROCE 40.40%
RoNW 27.39%
PAT Margin 3.43%
Price to Book Value 13.67
Market Cap. 227.03 Cr.
Novus Loyalty Company Financials
In Crs.
In Cr.
30-Sep-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 21.83 14.81 12.36 13.38
Revenue 71.43 104.63 73.61 59.61
Profit After Tax 5.80 3.58 2.96 0.55
Net Worth 18.89 13.09 9.50 6.54
Reserves & Surplus 6.64 13.08 9.49 6.53
About Novus Loyalty Company

Novus Loyalty was founded in 2011 and is a technology-driven company that provides loyalty and reward programs for industries such as Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and many more. It provides a modern loyalty program platform developed using the latest technology.
It provides both customized and ready-to-use program models such as points-based reward programs, event-driven programs, cashback programs, purchase-based programs, and vouchers. It is flexible and can be easily integrated into the existing systems and works well on the web, mobile applications, and physical stores.
It provides both On-premises with Infra and Software as a Service along with Artificial Intelligence-based analytics solutions.On-Premises: This is suitable when the client has its own servers and private clouds, providing complete control over the data.
SaaS (Cloud-based): This is best suited when the client is looking for a subscription-based service that is easy to implement and manage.

Market Presence: The company has its market presence in the Indian as well as the international markets. In the Indian market, the customers are from the states such as Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka. In the international market, the customers are from the UAE, USA, Australia, and Puerto Rico.
The company has about 50 employees as of January 31, 2026.

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Novus Loyalty - Promoter(s)

Deepak Tomar

Sweta Singh

Pre Issue Share Holding : %

Post Issue Share Holding : %

Novus Loyalty IPO - Issue Objectives
1

Funding of expenditure towards Investment in upgrading enhancement of and development of new products

2

Business Development and Marketing Activities including manpower hiring

3

General corporate purposes and unidentified inorganic acquisition

Contact Details

Novus Loyalty

727, Udyog Vihar Phase V Industrial Complex Dundahera, Gurgaon, Haryana, 122016

+91 9717154514

investor@novusloyalty.com

https://www.novus-loyalty.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

novus.ipo@kfintech.com

https://ipostatus.kfintech.com/