Novus Loyalty IPO

Listed Listed stocks

IPO Rating

Quality Score fund-quick-summary-circle

0/0

Growth Score fund-quick-summary-circle

0/0

Valuation Score fund-quick-summary-circle

0/0

Novus Loyalty IPO Details

  • Bidding Date

    17-Mar-2026 to
    20-Mar-2026

  • Issue Size

    ₹60.15 Cr

  • Price Band

    ₹139 to ₹146

  • Allotment date

    23-Mar-2026

  • Listing date

    25-Mar-2026

  • Lot size

    1000

  • No. of shares

    41,20,000

  • Fresh issue/OFS

    ₹48.18 Cr/₹11.97 Cr

About Novus Loyalty Company

Novus Loyalty Limited, incorporated in 2011 in Gurugram, Haryana, began as an IT services company serving US clients and evolved through franchise-based loyalty platforms in 2013, enterprise partnerships by 2015, into developing its proprietary enterprise loyalty platform by 2017, rebranding as Novus in 2019 with major banking clients joining thereafter, and expanding globally by 2024. The core business focuses on SaaS-based loyalty management solutions for customer engagement across fintech, e-commerce, banking, retail, healthcare, and travel sectors, offering modular platforms with point-based rewards, cashback, gamification, tiered programs, and AI-driven personalization via NoCXy intelligence layer. Key expertise includes end-to-end lifecycle management from acquisition to advocacy, PCI DSS v4.0.1 compliant security, and integrations for scalable, data-driven campaigns. Unique strengths encompass pay-per-use flexibility, behavioral analytics for predictive engagement, and a comprehensive rewards marketplace fostering lasting relationships beyond transactions. The company serves banks, retailers, and global enterprises, prioritizing innovative, customer-centric partnerships that leverage continuous evolution and adaptive intelligence to navigate dynamic expectations and competitive digital landscapes.

Subscription Status

  • Category

    Status

  • QIBs

    1.4x

  • NIIs

    1.1x

  • Retail

    1.8x

  • Others

    --

  • Total

    1.5x

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FAQs for Novus Loyalty IPO.

The issue size of Novus Loyalty is ₹60.15 Cr.

Novus Loyalty falls into Software & IT Services industry.

The Novus Loyalty IPO will be listed on NSE.

The open and close dates for the Novus Loyalty are 17-Mar-2026 & 20-Mar-2026.

The price band for the Novus Loyalty ipo is ₹139 to ₹146

The listing date of Novus Loyalty IPO is 25-Mar-2026.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Novus Loyalty total subscription ratio is 1.5X.

Key financial of the Novus Loyalty are:


Novus Loyalty FY-25 FY-24 FY-23
Revenue (₹ Cr) 104.62 73.29 59.59
EBIT (₹ Cr) 5.29 4.09 1.13
Proft after Tax (₹ Cr) 3.74 2.96 0.55
Debt (₹ Cr) 0 0.82 3.53
Net Worth (₹ Cr) 12.51 9.5 6.54
RoE (%) 29.86 31.18 8.36