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Novus Loyalty IPO

Open Sme
BSE 17 March - 20 March 2026
Novus Loyalty Limited IPO is a book build issue of 60 Cr. The issue is a combination of fresh issue of 3070000 shares aggregating to 45 Cr and offer for sale of 820000 shares aggregating to 12 Cr. Novus Loyalty Limited IPO opened for subscription on Mar 17, 2026 and closed on Mar 20, 2026. The allotment for the this IPO was finalized on Mar 23, 2026. IPO was listed on NSE and BSE on Mar 25, 2026. Novus Loyalty Limited IPO is set issue price band at ₹139 to ₹146 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 139 – 146

Lot Size

1000

Issue Size

₹60 Cr

Minimum Investment

₹292000 (2000 Shares)

Listing Date

25 March 2026

Subscription

1.62x

About the Company

Incorporated in 2011, Novus Loyalty is a technology-driven company specializing in loyalty and rewards solutions for multiple industries including Fintech, E-commerce, Software, Banking, FMCG, and Real Estate. The company provides a modern and scalable loyalty management platform built using advanced technologies to help businesses enhance customer engagement, retention, and brand loyalty.

The company offers both customizable and ready-to-deploy loyalty program models tailored to different business requirements. Its solutions include:

  • Point-based reward programs
  • Event-triggered campaigns
  • Cashback and incentive systems
  • Purchase-linked promotional programs
  • Digital vouchers and coupon-based rewards

Novus Loyalty’s platform is designed to be flexible, easily integrable with existing business systems, and capable of operating seamlessly across web platforms, mobile applications, and physical retail stores, ensuring a smooth and consistent customer experience across multiple channels.

Deployment Models

The company provides two main deployment options:

1. On-Premises Deployment
Under this model, the platform is installed on the client’s internal servers or private cloud infrastructure, providing organizations with greater control over their data, enhanced security, and customization capabilities. This option is generally preferred by large enterprises with strict data security and compliance requirements.

2. SaaS (Software-as-a-Service) Deployment
The SaaS model is a cloud-based subscription service that enables businesses to quickly deploy and manage loyalty programs without heavy infrastructure investments. It offers ease of implementation, scalability, and lower maintenance costs, making it suitable for companies seeking fast and flexible deployment.

In addition, the platform incorporates AI-powered analytics that helps businesses gain insights into customer behavior, engagement patterns, and campaign performance, enabling data-driven decision-making.

Market Presence

Novus Loyalty operates across both domestic and international markets.

In India, the company serves clients in several states including Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka.

Internationally, the company has expanded its presence to markets such as the United Arab Emirates (UAE), United States (USA), Australia, and Puerto Rico.

Workforce

As of January 31, 2026, Novus Loyalty had approximately 50 employees, supporting its technology development, client services, and business operations.

Promoters

  1. Deepak Tomar
  2. Sweta Singh
Promoters Holding

Holding Pre Issue

95.62%

Holding Post Issue

0.00%

Objects of the Issue

The Company Novus Loyalty IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Funding of expenditure towards Investment in enhancement of existing products and development of new products 
  2. Business Development and Marketing Activities including manpower hiring 
  3. General corporate purposes and unidentified inorganic acquisition 

Address / Contact Info


Novus Loyalty Ltd. Address
727, Udyog Vihar Phase V
Industrial Complex Dundahera,
Gurgaon, Haryana, 122016
Phone: 9717154514
E-mail: investor@novus-loyalty.com
Website: www.novus-loyalty.com

IPO Snapshot

Face Value₹10 per share
Price Band₹ 139 – 146
Lot Size1000
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 45.00 Cr
Offer for Sale₹ 12.00 Cr
Total Issue Size₹ 60.00 Cr
Listing AtBSE
IndustryIt - Software
SectorInformation Technology
QIB Quota29.35%
BNII Quota14.17%
SNII Quota7.07%
Retail Quota49.42%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Novus Loyalty IPO is a Book-building IPO worth ₹60 crores. The price band is ₹139 to 146 per share. The IPO opens on Tue, Mar 17, 2026 and closes on Fri, Mar 20, 2026. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The Novus Loyalty IPO opens on Tue, Mar 17, 2026 and closes on Fri, Mar 20, 2026

Novus Loyalty IPO Price Band is ₹139 to 146.

Novus Loyalty IPO lot size is 1000, and the minimum amount required for application is ₹292000.

The minimum investment for Novus Loyalty IPO is approximately ₹292000 based on the upper price band.

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 Fri, Mar 20, 2026. After submission, funds are blocked until the basis of allotment of Novus Loyalty IPO is finalised.

Novus Loyalty IPO issue size is ₹60 crores.

Novus Loyalty IPO allotment date is Sat, Jun 27, 2026.

The registrar for Novus Loyalty IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Novus Loyalty IPO through their official website or helpline.