Initial Public Offerings (IPOs)

Novus Loyalty IPO (Bse Sme)

₹146,000 /1000 shares

Minimum Investment

Novus Loyalty IPO (Bse Sme) Details

Min. Investment

₹146,000

Lot Size

1000

Price Range

₹139 to ₹146

Issue Size

₹60 Cr

About Novus Loyalty Ltd.

Incorporated in 2011, Novus Loyalty is a technology-driven company that provides loyalty and rewards solutions for industries like Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and more. The company offers a modern loyalty platform built with the latest technology.

Strengths & Financials of Novus Loyalty Ltd.

  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.
  • Stallion India Fluorochemicals operates four facilities located in Khalapur (Maharashtra), Ghiloth (Rajasthan), Manesar (Haryana), and Panvel (Maharashtra). The company states that these facilities are specifically designed and equipped to store gases under controlled conditions and are located near customers.
  • The company serves a wide range of industries, including air conditioning and refrigeration, fire safety, semiconductor manufacturing, automobile production, pharmaceuticals, medical applications, glass bottle production, aerosols, and spray foam. Stallion India Fluorochemicals states that this diverse client base showcases the demand for the company’s products across various sectors.
  • The company is ISO 9001:2015 certified for quality management systems for its compliance in the filling and sale of compressed refrigerant gases.
  • The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 185.88 crore in FY22 to Rs 225.50 crore in FY23 to Rs 233.23 crore in FY24.

Tentative Date / Timetable

Bid/Offer Opens On Mar 17, 2026
Bid/Offer Closes On Mar 20, 2026
Finalisation of Basis of Allotment Mar 23, 2026
Initiation of Refunds Mar 24, 2026
Credit of Shares to Demat Acct Mar 24, 2026
IPO Shares Listing Date Mar 25, 2026

Company Promoters

1. Deepak Tomar and Sweta Singh are the company promoters.

Lead Managers

1. Smart Horizon Capital Advisors Pvt.Ltd.

Contact Information

  • Novus Loyalty Ltd. 727, Udyog Vihar Phase V Industrial Complex Dundahera, Gurgaon, Haryana, 122016
  • Phone No : 9717154514
  • Email : investor@novusloyalty.com
  • Website : https://www.novus-loyalty.com/

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