+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

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

Jan 29, 2024, 07:00 IST
Business Insider India
Representational imageCanva
  • 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.
Advertisement
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.

Advertisement

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.

Advertisement
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



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

SEE ALSO:

Battle of the flagships – Galaxy S24 Ultra vs OnePlus 12 vs iQOO 12 vs Vivo X100 Pro

Revolt RV400 BRZ – An electric bike for the city with 150 km range hits Indian roads

Rolls Royce Spectre rolls out as India’s most expensive electric car
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article