Open Date

23 Jan 24

25 Jan 24

365 shares

₹143.81 Cr

Lot Size

IPO Size

Listing At

BSE NSE

Listing Date

Price Range

₹39 to ₹41

Close Date

Allotment Date

29 Jan 24

31 Jan 24

IPO Details

Incorporated in 2007, Nova AgriTech Limited operates as an agri-input manufacturer. The company provides products for soil health management, crop nutrition and crop protection.  Nova AgriTech focuses on a tech-based farmer-driven solution approach and provides R&D-driven ecologically sustainable and nutritionally balanced products. 

About the Company

Nova AgriTech Limited plans to utilize the raised capital from the IPO to:    • To fulfill working expenditure requirements for the expansion of the existing formulation plant.    • To fund investment in its subsidiary called Nova Agri Sciences Private Limited for a new formulation plant and working capital requirements.    • To meet working capital requirements.    • General corporate purposes.

Objective

The book-running lead managers to the offer are: Keynote Financial Services Ltd  Bajaj Capital Ltd

Book Runners

Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.