Open Date
23 Jan 24
25 Jan 24
365 shares
₹143.81 Cr
Lot Size
IPO Size
Listing At
BSE NSE
Listing Date
Price Range
₹39 to ₹41
Close Date
Allotment Date
29 Jan 24
31 Jan 24
Incorporated in 2007, Nova AgriTech Limited operates as an agri-input manufacturer. The company provides products for soil health management, crop nutrition and crop protection. Nova AgriTech focuses on a tech-based farmer-driven solution approach and provides R&D-driven ecologically sustainable and nutritionally balanced products.
Nova AgriTech Limited plans to utilize the raised capital from the IPO to: • To fulfill working expenditure requirements for the expansion of the existing formulation plant. • To fund investment in its subsidiary called Nova Agri Sciences Private Limited for a new formulation plant and working capital requirements. • To meet working capital requirements. • General corporate purposes.
The book-running lead managers to the offer are: Keynote Financial Services Ltd Bajaj Capital Ltd
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