Nova AgriTech IPO allotment – How to check allotment, GMP, listing date and more

• Nova AgriTech is expected to announce its share allotment status on Monday, January 29.
• The shares of Nova AgriTech were subscribed 109.37 times.
• The shares are expected to be listed on the stock exchanges on January 31.

Telangana-based Nova AgriTech, which offers soil health management, crop nutrition, crop protection products and more is expected to announce the allotment status of its initial public offering (IPO) on Monday, January 29.

The Nova AgriTech IPO opened on January 23 and closed on January 25. The price band for the IPO was ₹39 to ₹41 per share.

Robust subscription

On the last day, the Nova AgriTech IPO was subscribed 109.37 times, receiving bids for 277.95 crore equity shares against 2.54 crore shares on offer.

While the qualified institutional buyer portion was subscribed 79.31 times, the non-institutional investors portion was subscribed 224.06 times. The retail portion also witnessed excellent participation and was subscribed 77.11 times.

Grey market premium

The shares of Nova AgriTech are currently commanding a grey market premium (GMP) of ₹20 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Nova AgriTech IPO allotment status, visit the registrar’s website here.
• Click on ‘Select Company’ and then select ‘Nova AgriTech’.
• Now, select PAN, application number, or beneficiary ID and provide the details.
• Now, enter the captcha.
• Click on “Search”.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Nova AgriTech IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Nova AgriTech’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Nova AgriTech IPO listing date

The shares of Nova AgriTech will be listed on the stock exchanges on January 31.

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