| Price | 139 to 146 |
|---|---|
| GMP Rumors | ₹2 |
| Lot size | 2000 |
| Issue size | ₹60.15 Cr |
| Allotment | 23-03-2026 |
| Listing | 25-03-2026 |
| Suggestion | Avoid |
| Allotment Status | Kfintech |
| Video |
BSE List Price : ₹146.00
| Category | Times |
|---|---|
| QIBs | 1.38x |
| HNIs | 1.56x |
| Retail | 1.82x |
| Total : 1.63x | |
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹292,000 |
| Retail Maximum | 2 | 2,000 | ₹292,000 |
| S-HNI Minimum | 3 | 3,000 | ₹438,000 |
| S-HNI Maximum | 6 | 6,000 | ₹876,000 |
| B-HNI Minimum | 7 | 7,000 | ₹1,022,000 |
Novus Loyalty, established in 2011, is among the prominent companies delivering loyalty and rewards solutions through its advanced technology platform. The company offers both pre-built and customizable programs, including point-based reward systems, event-driven campaigns, cashback programs, purchase-based promotions, and digital vouchers.
Its services support a wide range of industries such as Fintech, E-commerce, Software, Banking, FMCG, Real Estate, and others. The platform is available in both On-premises and SaaS (cloud-based) formats, enhanced with AI-powered analytics. Novus Loyalty operates across the domestic market in states like Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka, while also maintaining an international presence in the UAE, USA, Australia, and Puerto Rico.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹59.61 | ₹58.81 | ₹0.55 | ₹13.38 |
| 2024 | ₹73.61 | ₹69.56 | ₹2.96 | ₹12.36 |
| 2025 | ₹104.63 | ₹99.57 | ₹3.58 | ₹14.81 |
| Sep 2025 | ₹71.43 | ₹63.79 | ₹5.80 | ₹21.83 |
Deepak Tomar
Sweta Singh
End-to-end loyalty solutions platform The company provides a broad range of ready-to-launch and customizable loyalty program frameworks that help businesses improve customer engagement and strengthen retention.
Robust and quality-driven technology platform A strong focus on quality control, dependable technology infrastructure, and recognized certifications improves platform performance and builds greater confidence among clients.
Customer concentration risk A large share of the company’s revenue comes from major clients, and losing any of these key relationships could significantly impact profitability.
Dependence on technological innovation The company’s expansion relies on its capability to consistently innovate and enhance its platform. Inability to keep up with technological advancements may reduce its competitive position.
Funding of expenditure towards Investment in upgrading enhancement of and development of new products.
Business Development and Marketing Activities including manpower hiring.
General corporate purposes and unidentified inorganic acquisition.
Novus Loyalty Ltd.
727, Udyog Vihar Phase V
Industrial Complex Dundahera,
Gurgaon, Haryana, 122016
Phone: 9717154514
Email: investor@novusloyalty.com
Website: https://www.novus-loyalty.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: novus.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Avoid