OUR BUSINESS
We are an agri-input manufacturer offering soil health management, crop nutrition, and crop protection products focused on a tech-based farmer-driven solution approach, wherein we mainly offer ecologically sustainable and nutritionally balanced products based on the R&D. We manufacture, distribute, and market a wide range of product categories consisting of-
- soil health management products.
- crop nutrition product.
- biostimulant products.
- biopesticide products.
- Integrated Pest Management (IPM) products.
- new technologies.
- crop protection products.
NOVA AGRITECH LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date Jan 23, 2024 IPO Close Date Jan 25, 2024 IPO Size 143.81 Crores IPO Fresh Issue 112.00 Crores Offer For Sale Approx 7,758,620 Equity Share IPO Face Value ₹2 Per Share IPO Price Band [.] to ₹[.]. Per Every Share IPO Listing On BSE and NSE IPO Retail Quota 77.00% IPO QIB Quota 79.31% IPO NII Quota 224.04% IPO Discount N/A DRHP Draft Click Here RHP Draft Click Here Anchor Investor Click here
NOVA AGRITECH LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 365 365 Shares ₹14,965 Retail Maximum - - ₹- S-HNI Minimum - 5,110 Shares ₹2,09,510 B-HNI Minimum - 24,455 Shares ₹10,02,655
OBJECTS OF THE OFFER
a. Investment in our subsidiary, Nova Agri Sciences Private Limited for setting up a new formulation plant;
b. Funding Capital Expenditure in our Company, towards expansion of our existing formulation plant;
c. Funding of working capital requirements of our Company;
d. Investment in our subsidiary, Nova Agri Sciences Private Limited, for funding working capital requirements; and
e. General corporate purposes.
NOVA AGRITECH LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
Price Band Announcement [.] Anchor Investor Allotment [.] IPO Open Date Jan 23, 2024 IPO Close Date Jan 25, 2024 Basis of Allotment Jan 29, 2024 Refunds [.] Credit to Demat Account [.] IPO Listing Date Jan 31, 2024
NOVA AGRITECH LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Expense PAT 2023 ₹210.93 ₹180.78 ₹20.49 2022 ₹185.61 ₹160.30 ₹13.69 2021 ₹160.93 ₹147.44 ₹6.30
OUR PROMOTERS
- The Promoters of our Company are:
1. Suraksha Agri Retails (India) Private Limited
2. Malathi S
3.Kiran Kumar Atukuri
QUALITATIVE FACTOR
Some of our qualitative factors and strengths which form the basis for computing the Offer Price are as follows:
1. One-stop solution for soil health management, crop nutrition, bio stimulant, biopesticides, Integrated PestManagement (IPM) and crop protection through a diversified branded product portfolio.
2. Established distribution network across various geographies through many dealers.
3. Strengthening farmer outreach through Nova Kisan Seva Kendra.
4. Technology-driven product development and marketing.
5. Focus on ecologically sustainable and nutritionally balanced products.
6. Experienced Management Team and Promoters.
7. Well Equipped Research & Development facility.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2022 2.18 2.18 3 March 31, 2021 1.00 1.00 2 March 31, 2020 0.48 0.48 1 Weighted Average 1.50 1.50 for the six months period ended September 30,2022* 1.09 1.09 N/A
NOVA AGRITECH LIMITED COMPANY CONTACT DETAILS
Sy.No.251/A/1, Singannaguda Village,
Mulugu Mandal, Siddipet Medak
Telangana – 502279
Tel: +91 84 54253446
E-mail: ipo@novaagri.in
Website:www.novaagri.in
NOVA AGRITECH LIMITED IPO REGISTAR
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com
