Novus Loyalty IPO
Open SmeCurrent 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
- Deepak Tomar
- 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.
- Funding of expenditure towards Investment in enhancement of existing products and development of new products
- Business Development and Marketing Activities including manpower hiring
- 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
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 17 March 2026
IPO Close Date
Friday, 20 March 2026
Basis of Allotment
Monday, 23 March 2026
Initiation of Refunds
Tuesday, 24 March 2026
Credit of Shares to Demat
Tuesday, 24 March 2026
Listing Date
Wednesday, 25 March 2026 — NSE & BSE
Important Dates
Open Date
17 March 2026
Close Date
20 March 2026
Basis Of Allotment
23 March 2026
Listing Date
25 March 2026
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 21.83 | 14.81 | 12.36 | 13.38 |
| Revenue | 71.43 | 104.63 | 73.61 | 59.61 |
| Profit After Tax | 5.8 | 3.58 | 2.96 | 0.55 |
| Net Worth | 18.89 | 13.09 | 9.5 | 6.54 |
| Reserve & Surplus | 6.64 | 13.08 | 9.49 | 6.53 |
| Total Borrowings | 0 | 0 | 0.82 | 3.53 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 36.3 | 31.74 | 36.94 | 8.73 |
| ROCE % | 40.64 | 40.4 | 42.76 | 11.39 |
| Debt / Equity | 0 | 0 | 0.09 | 0.54 |
| RoNW % | 30.73 | 27.39 | 31.18 | 8.36 |
| PbW | 0 | 0 | 0 | 0 |
| Pat Margin % | 8.13 | 3.43 | 4.04 | 0.92 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 810000 | 29.35 | 0 |
| Non-Institutional | 586000 | 21.23 | 0 |
| BNII | 391000 | 14.17 | 0 |
| SNII | 195000 | 7.07 | 0 |
| Retail Investors | 1364000 | 49.42 | 0 |
| Total | 2760000 | 100 | 0 |
Subscription Status ( Fri, 20 Mar 26 01:31 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 810000 | 1115000 | 1.38x |
| Non-Institutional | 586000 | 914000 | 1.56x |
| BNII | 391000 | 742000 | 1.9x |
| SNII | 195000 | 172000 | 0.88x |
| Retail Investors | 1364000 | 2480000 | 1.82x |
| Total | 3346000 | 5423000 | 1.62x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Novus Loyalty Ltd | 10 | 0.00 | 2.93 | 2.93 | 27.39 | 10.68 |
| Pelatro Limited | 10 | 53.72 | 5.64 | 5.64 | 6.31 | 77.64 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 292,000.00 |
| Retail (Max) | 2 | 2,000 | 292,000.00 |
| S-HNI (Min) | 3 | 3,000 | 438,000.00 |
| S-HNI (Max) | 6 | 6,000 | 876,000.00 |
| B-HNI (Min) | 7 | 7,000 | 1,022,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
RHP Document
DRHP Document
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.