IPO Price History
Closed
Nova Agritech Limited logo

Nova Agritech Limited IPO

Mainboard IPOListedNOVAAGRINSE
Current Market Price (CMP)
₹21.50(-47.56%)
Current Price (CMP)
₹21.50(-47.56%)

Live Market Quote

Listing Price & Gain
₹55(+34.15%)

Day 1 Exchange Open

IPO Issue Price
₹41

Band: ₹39 - ₹41

Total Subscription
109.37x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
23 Jan 2024
IPO Bidding Closes
25 Jan 2024
Allotment & Refunds
Completed
Exchange Listing Day
31 Jan 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 109.37x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)79.31x
Non-Institutional Investors (NII / HNI)224.08x
Retail Individual Investors (RII)77.12x
Total Subscription109.37x
Updated as on 25-Jan-2024 19:00:00

Listing Day & Return Performance

Listing Day Gain+34.15%
₹41 (Issue) → ₹55 (List)
Per share profit: +₹14.00
Holding Return (Till Date)-47.56%
₹41 (Issue) → ₹21.50 (CMP)
Net gain per share: ₹-19.50
Post-Listing Performance (Listing Day → Today):-60.91%

About Nova Agritech Limited IPO

Nova Agritech Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 23 Jan 2024 and concluded on 25 Jan 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹39 - ₹41.

During the bidding window, Nova Agritech Limited witnessed heavy demand with an overall subscription of 109.37 times. Institutional investors (QIB) subscribed 79.31x, non-institutional high-net-worth investors (NII) subscribed 224.08x, and retail individual investors (RII) bid 77.12x their reserved quota.

The equity shares of Nova Agritech Limited officially debuted on the stock exchanges on 31 Jan 2024 at an opening listing price of ₹55, delivering a listing day return of +34.15% (premium) over the final issue price. As per the latest market data, the stock trades at ₹21.50, representing an overall decline of -47.56% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Nova Agritech Limited IPO?
The issue price of Nova Agritech Limited IPO was fixed at ₹41 per equity share. The indicative bidding price band was ₹39 - ₹41.
What were the open, close, and listing dates for Nova Agritech Limited IPO?
Nova Agritech Limited IPO opened on 23 Jan 2024, closed on 25 Jan 2024, listed on 31 Jan 2024.
How much was Nova Agritech Limited IPO subscribed?
The IPO received an overall subscription of 109.37 times. Category-wise, QIBs subscribed 79.31x, NIIs subscribed 224.08x, and Retail investors subscribed 77.12x.
What was the listing price and listing gain of Nova Agritech Limited IPO?
Nova Agritech Limited IPO listed on the stock exchange at ₹55, delivering a listing gain of 34.15% compared to the IPO issue price of ₹41.
Is Nova Agritech Limited IPO a Mainboard or SME IPO?
Nova Agritech Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Nova Agritech Limited IPO since its IPO?
At the latest market quote of ₹21.50, Nova Agritech Limited IPO has generated an all-time return of -47.56% since its initial public offering.

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