1)Nova Agritech Company Profile:
  • An agricultural input manufacturer provides technology-driven solutions for farmers, emphasizing products related to soil health management, crop nutrition, and crop protection.
  • Company provide products that are environmentally sustainable and nutritionally balanced, developed through our dedicated Research and Development efforts.
  • Company engage in the manufacturing, distribution, and marketing of an extensive array of product categories, encompassing (a) products for soil health management, (b) crop nutrition products, (c) bio stimulant products, (d) biopesticide products, (e) Integrated Pest Management products, (f) innovative technologies, and (g) crop protection products.
  • At present, subsidiary, Nova Agri Sciences Private Limited, is responsible for the manufacturing of crop protection products.
  • As of November 30, 2023, Company have obtained a total of 720 product registrations, including 7 registrations in the soil health management category, 176 registrations in the crop nutrition category, 4 registrations in the biopesticide category, and 7 registrations in technical indigenous manufacturing. Notably, all 526 registrations in the crop protection category are held under the name of Nova Agri Sciences Private Limited.
  • Additionally, Company have submitted applications for 14 registrations for new products spanning various categories under the name of Nova Agri Sciences Private Limited. Furthermore, 22 new registrations have been sought under the name of Nova Agritech Limited.
2) IPO Information :
  • Issue date: 23 Jan 2024 – 25 Jan 2024
  • Price range:₹39 to ₹41
  • Issue size: Upto 143.8 crores
  • Face value:₹2
  • Bid lot (retail):1 LOT(365 shares)
  • Fresh issue:₹112 crores
  • OFS: ₹31.8 crores
  • Allotment date:29 Jan 2024
  • Listing date:31 Jan 2024
  • Promoter holding:84.27%(pre-issue),59.39%(post-issue)
  • Name of registrar: Bigshare Services Private Limited
  • IPO reservation: 35%(Retail)

3) GMP : ₹ 21





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