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Nova Agritech IPO Dates, Price Band, Rating, GMP, Analysis, and Allotment Details 2024

Nova AgriTech IPO

The initial public offering (IPO) of Nova AgriTech will open for subscription on January 22 and close on January 24, it is comprised of fresh and offer-for-sale (OFS) issues of Rs.143.81 crore.  An investor can apply for the issue for a minimum of 365 shares and the listing will happen on January 30, 2024. 

#1. Quick Intro of Nova AgriTech Limited 

Nova AgriTech Limited (2007) is an agri-input manufacturer offering soil health management, crop nutrition, and crop protection products focused on tec tech-based farmer-driven solution approach. 

The product categories consist of soil health management, crop nutrition products, crop protection products, bio-pesticide, integrated pest management products, bio-stimulant products, etc.

Check out the IPO allotment status on IPO Deliver.

#2. IPO Object of Nova AgriTech 

The company intends to use the IPO Funds for the following purposes: 

  1. Investment in its subsidiary for setting up a new formulation plant. 
  2. Funding capital expenditure for expansion of plants.
  3. Funding of working capital requirement of the company
  4. General Corporate Purposes.

#3. Nova AgriTech Core Strength

  1. Established Distribution Network
  2. Technology-driven product development and marketing 
  3. Well-equipped research and Development Policy 
  4. Experienced promoters supported by the senior management team.
#4. Nova AgriTech IPO Review & Rating
Issue Size  Rs.143.81 Crore
Issue Price  Rs.39-41
Minimum Lot Size 365 Shares
Total Profit (March 2023)  Rs.20.49 Cr
ROE 38.27%
D/E 1.11
ROCE 27.25%
Listing on NSE & BSE
IPO Deliver Rating Three

 

#5. Nova AgriTech IPO Dates, Price Band & Details

Nova AgriTech IPO will open on January 22, 2024, and close on January 24, 2024. The IPO is to be listed on January 30, 2024.  

Type of issue Book Built Issue IPO
Issue Size Rs.143.81 Crore
Issue Price Rs.39-41
Face Value Rs.2 per share
IPO Open Date January 22, 2024
IPO Close Date January 24, 2024
IPO Allotment Date January 25, 2024
Refund Date January 29, 2024
Share Credit Date January 29, 2024
Listing Date January 30, 2024

 

#6. Nova AgriTech IPO Offer Details

Nova AgriTech IPO’s total issue size is 35,075,693 shares, comprising the below-mentioned categories. 

Offer Category Shares Offer Amount (Crore)
Fresh Issue 27,317,073 112.00
Offer for Sale (OFS) 7,758,620 31.81

 

#7. Nova AgriTech Financials Overview (Crore)

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category (Rs.) March 31, 2023 March 31, 2022 March 31, 2021
Total Revenue 210.93 185.61 160.93
Net Worth 63.88 43.19 29.43
Profit 20.49 13.69 6.30
Total Borrowings 70.96 64.27 51.10

 

#8. Nova AgriTech Quantitative Factor

The following table sets forth the summary of financial information of the company for the financial year ending March 31, 2023, 2022, and 2021.

Category March 31, 2023 March 31, 2022 March 31, 2021
EPS (Rs.) 3.27 2.18 1.00
RoNW (%) 32.08 31.69 21.41
NAV (Rs.) 10.19

 

#9. Nova AgriTech Comparison with Other Peer Companies

Listed companies in India are comparable in all aspects of the business. 

Company Names Total Revenue 

(Rs. in Lakhs)

RoNW (%) EPS (Rs.)
Aries Agro 48,107.54 13.17 6.82
Aimco Pesticides 20,730.93 (4.52) (2.28)

 

#10. Nova AgriTech Company Promoters 

The company has three promoters as per the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). 

Sr. No. Name of Promoters
01. Suraksha Agri Retails (India) Private Limited
02. Yeluri Family Trust
03. Malathi Sand Kiran Kumar Atukuri

 

#11. Nova AgriTech IPO Pre-offer and Post-Offer Promoters Shareholding

Promoters Holding Percentage (%)
Pre-issue  84.27
Post-issue

 

#12. Nova AgriTech IPO Reservation Details

Nova AgriTech IPO total reservation shares are distributed between the below-mentioned categories. 

Category Share Offered
Retail Individual Investor (RII) Not more than 35% of the issue size
QIB Shares Offered Not more than 50% of issue size
NII (HNI) Shares Offered Not more than 15% of issue size

 

#13. Nova AgriTech IPO – Lot Size

An investor can apply for a minimum of 365 Shares in multiple thereof. Market lot sizes for the retail individual investors (RII) and non-institutional investor (NII)/ HNI investors are as follows:

Application Lot Size No. of Shares Amount (Rs.)
Retail (Min.) 1 365 14,965
Retail (Max.) 13 4,745 1,94,545
HNI (Min.) 14 5,110 2,09,510
HNI (Max.) 66 24,090 9,87,690

 

#14. Nova AgriTech IPO – Prospectus Copy

An investor can download/view the Nova AgriTech prospectus copy, which the company filed to SEBI, details are as follows. 

Nova AgriTech IPO Prospectus
Draft Red Herring Prospectus (DHRP)
Red Herring Prospectus (RHP)

 

#15. Nova AgriTech IPO Registra

Bigshare Services Private Limited

Phone No.: +91-22 6263 8200

E-Mail: ipo@bigshareonline.com

Website: www.bigshareonline.com

#16. Nova AgriTech IPO Lead Manager

#1. Keynote Financial Services Limited

#2. Bajaj Capital Limited

#17. Nova AgriTech IPO Application (How to Apply for an IPO)

There are three primary options for applying for a Nova AgriTech IPO, details are as follows: 

Option-1 Apply for IPO through Internet Banking

Step-1. Log into your bank account.

Step-2. In the invest Tab, you will see ASBA, click on it.

Step-3. Apply for IPO and select the ongoing IPO “Nova AgriTech  Limited”

Step-4. Enter the basic details like bid quantity, price, PAN, etc. then proceed with payment. 

Step-5. After the above steps, the respective amount will get blocked until the allotment date, and after that, it will get a refund/debited in case of rejection/allotment respectively. 

Option-2 Apply for IPO through a Broker firm

Step-1. Log into your broker account (e.g. Upstox/Zerodha etc.)

Step-2. Click on the IPO tab and select the ongoing IPO “Nova AgriTech  Limited”

Step-3. Enter the basic details like bid quantity, price, PAN, etc. then enter UPI ID and proceed with payment.

Step-4. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your account or refunded if no allotment is made to you. 

Option-3 Apply for IPO Offline Mode Bank mode

Step-1. Visit the nearest branch of your bank.

Step-2. Fill out the ASBA form and submit it with KYC details. 

Step-3. Your funds will get blocked, and once shares have been allotted to you, the respective amount will be debited from your bank account or refunded if no allotment is made to you. 

#18. Nova AgriTech Company Details

Nova AgriTech Limited 

Registered Office: Sy. No.251/A/1, Singannaguda Village, Mulugu Mandal, Siddipet, Medak, Telangana -502279.

Phone No: +91-84542 53446

Email: ipo@novaagri.in

Website: www.novaagri.in 

Investor Grievances/Compliance Officer: Neha Soni

#19. Nova AgriTech Subsidiary Companies (Top 2)

Sr.No. Name of Companies (Indian)
01. Nova Agri Sciences Private Limited
02. Nova Agri Seeds India Private Limited

 

#20. Nova AgriTech Company Board (Top 2)

Sr. No. Name of Directors
01. Adabala Seshagiri Rao
02. Malathi S

 

Nova AgriTech IPO – Frequently Asked Questions (FAQs)

#1. What is Nova AgriTech IPO?

Nova AgriTech brings its IPO of Rs. 143.81, on January 22, 2024, with a price band of Rs.39-41 per share.

 

#2. What is the Nova AgriTech IPO Open date?

Nova AgriTech IPO’s opening date is January 19, 2022.

 

#3. What is the Nova AgriTech IPO Close Date?

Nova AgriTech IPO’s closing date is January 24, 2024.

 

#4. What is the Nova AgriTech IPO Listing date?

Nova AgriTech’s IPO listing date is January 30, 2024.

 

#5. What is the Nova AgriTech IPO Minimum investment amount?

Nova AgriTech IPO’s minimum investment amount is Rs.14,965

 

#6. What is the Nova AgriTech IPO offer issue Size?

Nova AgriTech offers an issue size of Rs.143.81 Crore.

 

#7. What is the Nova AgriTech IPO Price Band?

Nova AgriTech’s IPO price band is Rs. 39-41.

 

#8. Is Nova AgriTech IPO mainboard IPO or SME IPO?

Nova AgriTech IPO is a mainboard IPO.

 

513 thoughts on “Nova Agritech IPO Dates, Price Band, Rating, GMP, Analysis, and Allotment Details 2024”

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    Para los expertos en soporte de sistemas y los profesionales, manejar con sistemas de calibración es esencial para proteger el desempeño fluido y fiable de cualquier dispositivo giratorio. Gracias a estas herramientas modernas avanzadas, es posible disminuir considerablemente las vibraciones, el sonido y la esfuerzo sobre los sujeciones, aumentando la tiempo de servicio de partes importantes.

    También significativo es el papel que juegan los aparatos de ajuste en la soporte al consumidor. El ayuda experto y el soporte permanente empleando estos dispositivos habilitan dar soluciones de óptima calidad, elevando la bienestar de los clientes.

    Para los titulares de proyectos, la financiamiento en unidades de ajuste y sensores puede ser fundamental para incrementar la eficiencia y desempeño de sus dispositivos. Esto es sobre todo relevante para los emprendedores que gestionan modestas y medianas emprendimientos, donde cada detalle vale.

    Por otro lado, los aparatos de equilibrado tienen una extensa uso en el campo de la prevención y el control de estándar. Habilitan identificar eventuales defectos, reduciendo mantenimientos elevadas y averías a los dispositivos. Más aún, los indicadores obtenidos de estos equipos pueden usarse para maximizar procesos y mejorar la visibilidad en motores de investigación.

    Las campos de aplicación de los sistemas de equilibrado abarcan variadas industrias, desde la producción de transporte personal hasta el seguimiento ambiental. No afecta si se refiere de importantes fabricaciones de fábrica o limitados establecimientos caseros, los aparatos de calibración son esenciales para asegurar un rendimiento eficiente y sin riesgo de paradas.

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  39. El Balanceo de Componentes: Elemento Clave para un Desempeño Óptimo

    ¿Alguna vez has notado vibraciones extrañas en una máquina? ¿O tal vez ruidos que no deberían estar ahí? Muchas veces, el problema está en algo tan básico como una falta de simetría en un elemento móvil. Y créeme, ignorarlo puede costarte bastante dinero .

    El equilibrado de piezas es una tarea fundamental tanto en la fabricación como en el mantenimiento de maquinaria agrícola, ejes, volantes, rotores y componentes de motores eléctricos . Su objetivo es claro: impedir oscilaciones que, a la larga, puedan provocar desperfectos graves.

    ¿Por qué es tan importante equilibrar las piezas?
    Imagina que tu coche tiene una llanta mal nivelada . Al acelerar, empiezan los temblores, el manubrio se mueve y hasta puede aparecer cierta molestia al manejar . En maquinaria industrial ocurre algo similar, pero con consecuencias mucho más graves :

    Aumento del desgaste en cojinetes y rodamientos
    Sobrecalentamiento de elementos sensibles
    Riesgo de colapsos inesperados
    Paradas no planificadas y costosas reparaciones
    En resumen: si no se corrige a tiempo, una mínima falla podría derivar en una situación compleja.

    Métodos de equilibrado: cuál elegir
    No todos los casos son iguales. Dependiendo del tipo de pieza y su uso, se aplican distintas técnicas:

    Equilibrado dinámico
    Recomendado para componentes que rotan rápidamente, por ejemplo rotores o ejes. Se realiza en máquinas especializadas que detectan el desequilibrio en múltiples superficies . Es el método más preciso para garantizar un funcionamiento suave .
    Equilibrado estático
    Se usa principalmente en piezas como ruedas, discos o volantes . Aquí solo se corrige el peso excesivo en un plano . Es rápido, sencillo y eficaz para ciertos tipos de maquinaria .
    Corrección del desequilibrio: cómo se hace
    Taladrado selectivo: se quita peso en el punto sobrecargado
    Colocación de contrapesos: como en ruedas o anillos de volantes
    Ajuste de masas: habitual en ejes de motor y partes relevantes
    Equipos profesionales para detectar y corregir vibraciones
    Para hacer un diagnóstico certero, necesitas herramientas precisas. Hoy en día hay opciones disponibles y altamente productivas, por ejemplo :

    ✅ Balanset-1A — Tu compañero compacto para medir y ajustar vibraciones

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  40. La Nivelación de Partes Móviles: Esencial para una Operación Sin Vibraciones

    ¿ Has percibido alguna vez temblores inusuales en un equipo industrial? ¿O sonidos fuera de lo común? Muchas veces, el problema está en algo tan básico como una irregularidad en un componente giratorio . Y créeme, ignorarlo puede costarte más de lo que imaginas.

    El equilibrado de piezas es un procedimiento clave en la producción y cuidado de equipos industriales como ejes, volantes, rotores y partes de motores eléctricos . Su objetivo es claro: impedir oscilaciones que, a la larga, puedan provocar desperfectos graves.

    ¿Por qué es tan importante equilibrar las piezas?
    Imagina que tu coche tiene una rueda desequilibrada . Al acelerar, empiezan las sacudidas, el timón vibra y resulta incómodo circular así. En maquinaria industrial ocurre algo similar, pero con consecuencias aún peores :

    Aumento del desgaste en soportes y baleros
    Sobrecalentamiento de elementos sensibles
    Riesgo de averías súbitas
    Paradas no planificadas y costosas reparaciones
    En resumen: si no se corrige a tiempo, un pequeño desequilibrio puede convertirse en un gran dolor de cabeza .

    Métodos de equilibrado: cuál elegir
    No todos los casos son iguales. Dependiendo del tipo de pieza y su uso, se aplican distintas técnicas:

    Equilibrado dinámico
    Ideal para piezas que giran a alta velocidad, como rotores o ejes . Se realiza en máquinas especializadas que detectan el desequilibrio en varios niveles simultáneos. Es el método más exacto para asegurar un movimiento uniforme .
    Equilibrado estático
    Se usa principalmente en piezas como neumáticos, discos o volantes de inercia. Aquí solo se corrige el peso excesivo en una única dirección. Es rápido, fácil y funcional para algunos equipos .
    Corrección del desequilibrio: cómo se hace
    Taladrado selectivo: se elimina material en la zona más pesada
    Colocación de contrapesos: tal como en neumáticos o perfiles de poleas
    Ajuste de masas: típico en bielas y elementos estratégicos
    Equipos profesionales para detectar y corregir vibraciones
    Para hacer un diagnóstico certero, necesitas herramientas precisas. Hoy en día hay opciones accesibles y muy efectivas, como :

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  41. Equilibrar rápidamente
    Balanceo móvil en campo:
    Soluciones rápidas sin desmontar máquinas

    Imagina esto: tu rotor empieza a temblar, y cada minuto de inactividad genera pérdidas. ¿Desmontar la máquina y esperar días por un taller? Olvídalo. Con un equipo de equilibrado portátil, solucionas el problema in situ en horas, sin alterar su posición.

    ¿Por qué un equilibrador móvil es como un “herramienta crítica” para máquinas rotativas?
    Compacto, adaptable y potente, este dispositivo es el recurso básico en cualquier intervención. Con un poco de práctica, puedes:
    ✅ Evitar fallos secundarios por vibraciones excesivas.
    ✅ Evitar paradas prolongadas, manteniendo la producción activa.
    ✅ Trabajar en lugares remotos, desde plataformas petroleras hasta plantas eólicas.

    ¿Cuándo es ideal el equilibrado rápido?
    Siempre que puedas:
    – Tener acceso físico al elemento rotativo.
    – Colocar sensores sin interferencias.
    – Realizar ajustes de balance mediante cambios de carga.

    Casos típicos donde conviene usarlo:
    La máquina presenta anomalías auditivas o cinéticas.
    No hay tiempo para desmontajes (proceso vital).
    El equipo es costoso o difícil de detener.
    Trabajas en campo abierto o lugares sin talleres cercanos.

    Ventajas clave vs. llamar a un técnico
    | Equipo portátil | Servicio externo |
    |—————-|——————|
    | ✔ Sin esperas (acción inmediata) | ❌ Demoras por agenda y logística |
    | ✔ Mantenimiento proactivo (previenes daños serios) | ❌ Suele usarse solo cuando hay emergencias |
    | ✔ Ahorro a largo plazo (menos desgaste y reparaciones) | ❌ Gastos periódicos por externalización |

    ¿Qué máquinas se pueden equilibrar?
    Cualquier sistema rotativo, como:
    – Turbinas de vapor/gas
    – Motores industriales
    – Ventiladores de alta potencia
    – Molinos y trituradoras
    – Hélices navales
    – Bombas centrífugas

    Requisito clave: hábitat adecuado para trabajar con precisión.

    Tecnología que simplifica el proceso
    Los equipos modernos incluyen:
    Apps intuitivas (guían paso a paso, sin cálculos manuales).
    Análisis en tiempo real (gráficos claros de vibraciones).
    Durabilidad energética (útiles en ambientes hostiles).

    Ejemplo práctico:
    Un molino en una mina empezó a generar riesgos estructurales. Con un equipo portátil, el técnico localizó el error rápidamente. Lo corrigió añadiendo contrapesos y evitó una parada de 3 días.

    ¿Por qué esta versión es más efectiva?
    – Estructura más dinámica: Listas, tablas y negritas mejoran la legibilidad.
    – Enfoque práctico: Incluye casos ilustrativos y contrastes útiles.
    – Lenguaje persuasivo: Frases como “kit de supervivencia” o “minimizas riesgos importantes” refuerzan el valor del servicio.
    – Detalles técnicos útiles: Se especifican requisitos y tecnologías modernas.

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