Novus Loyalty IPO GMP, Price, Dates, Lot Size & Listing Details (2026)

<?xml encoding="utf-8" ?><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Introduction</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">The </span></span></span><a href="https://www.finowings.com/IPO/novus-loyalty-ipo" style="text-decoration:none" target="_blank" rel=" noopener"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#1155cc"><strong><u>Novus Loyalty IPO GMP</u></strong></span></span></span></a><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> is currently one of the most searched topics among SME IPO investors. As market interest grows, traders and investors are actively tracking the Grey Market Premium (GMP) to estimate potential listing gains and overall market sentiment.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">The IPO is a book-built issue worth &#8377;60.15 crore and is set to be listed on the BSE SME Platform. With rising demand in the SME segment, this IPO has gained notable attention.</span></span></span></p><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Novus Loyalty IPO Details</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Here are the key highlights investors should know:</span></span></span></p><ul> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>IPO Size:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> &#8377;60.15 Crore</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Fresh Issue:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> 0.33 crore shares (&#8377;48.18 crore)</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Offer For Sale (OFS):</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> 0.08 crore shares (&#8377;11.97 crore)</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>IPO Opening Date:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> March 17, 2026</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>IPO Closing Date:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> March 20, 2026</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Allotment Date:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> March 23, 2026 (Expected)</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Listing Date:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> March 25, 2026 (Tentative)</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Listing Platform:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> BSE SME Platform</span></span></span></li> </ul><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Novus Loyalty IPO Price Band</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">The company has fixed the price band between </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>&#8377;139 to &#8377;146 per share</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">This pricing makes it a mid-range SME IPO, but investors must evaluate valuation carefully before applying.</span></span></span></p><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Lot Size &amp; Investment Details</strong></span></span></span></h2><ul> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Lot Size:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> 1,000 shares</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Retail Minimum Investment:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> &#8377;2,92,000 (2 lots)</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>HNI Minimum Investment:</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> &#8377;4,38,000 (3 lots)</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">&nbsp;Since it is an SME IPO, the investment amount is significantly higher compared to mainboard IPOs.</span></span></span></li> </ul><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Novus Loyalty IPO GMP (Grey Market Premium)</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">The </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Novus Loyalty IPO GMP</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> reflects the price at which shares are trading in the unofficial grey market before listing.</span></span></span></p><ul> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">A </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>higher GMP</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> generally indicates strong demand and possible listing gains</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">A </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>low or fluctuating GMP</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> may signal weak or uncertain sentiment</span></span></span></li> </ul><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">&#9888;&#65039; Important Note:</span></span></span><br> <span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">IPO GMP is an </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>unofficial indicator</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> and not regulated. The final listing price depends on actual subscription demand, market conditions, and investor participation.</span></span></span></p><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>About Novus Loyalty</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Novus Loyalty operates in the </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>loyalty management and customer engagement solutions</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> space. The company provides:</span></span></span></p><ul> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Digital loyalty programs</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Customer retention solutions</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Data-driven marketing tools</span></span></span></li> </ul><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">With businesses increasingly focusing on customer engagement and retention, this sector is expected to grow rapidly in the coming years.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">The IPO funds will likely be used for:</span></span></span></p><ul> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Business expansion</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Technology upgrades</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">General corporate purposes</span></span></span></li> </ul><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Should You Track Novus Loyalty IPO GMP?</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Tracking the </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Novus Loyalty IPO GMP</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> can provide early insights into market sentiment, but it should not be the only factor for investment decisions.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Before applying, investors should analyze:</span></span></span></p><ul> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Company financial performance</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Growth potential</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">IPO valuation</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Subscription status</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Overall market trend</span></span></span></li> </ul><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">&#128073; A combination of </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>fundamental analysis + GMP trends</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> gives a better investment strategy.</span></span></span></p><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Final Thoughts</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">The </span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>Novus Loyalty IPO</strong></span></span></span><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> is expected to generate strong interest in the SME IPO segment due to its niche business model and growing demand for loyalty solutions.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">While the </span></span></span><a href="https://www.finowings.com/IPO/novus-loyalty-ipo" style="text-decoration:none" target="_blank" rel=" noopener"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#1155cc"><strong><u>Novus Loyalty IPO GMP</u></strong></span></span></span></a><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"> can indicate early momentum, smart investors should focus on complete analysis before investing.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Stay connected with Finowings for the latest updates on:</span></span></span></p><ul> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">IPO GMP</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Subscription status</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Allotment updates</span></span></span></li> <li style="list-style-type:disc"><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Listing performance</span></span></span></li> </ul><h2><span style="font-size:17pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>FAQs&nbsp;</strong></span></span></span></h2><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>1. What is Novus Loyalty IPO GMP?</strong></span></span></span><br> <span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Novus Loyalty IPO GMP refers to the grey market premium where shares trade unofficially before listing. It indicates investor sentiment but is not a guaranteed listing price.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>2. What is the price band of Novus Loyalty IPO?</strong></span></span></span><br> <span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">The IPO price band is set between &#8377;139 to &#8377;146 per share, making it a mid-range SME IPO.</span></span></span></p><p><span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000"><strong>3. What is the minimum investment in Novus Loyalty IPO?</strong></span></span></span><br> <span style="font-size:11pt"><span style="font-family:Arial,sans-serif"><span style="color:#000000">Retail investors need a minimum investment of &#8377;2,92,000 for 2 lots, while HNIs require &#8377;4,38,000 for 3 lots.</span></span></span></p><h1>&nbsp;</h1>