Novus Loyalty IPO
Technology (SaaS / Loyalty) - Listed on 25 March 2026
Novus Loyalty IPO listing summary
Novus Loyalty (Technology (SaaS / Loyalty)) closed its IPO window in 2026 and listed on NSE and BSE on 25 March 2026 at an upper band issue price of Rs 146, opening at Rs 146 for a listing gain of 0.0% and closing day one at Rs 146.65 (+0.5% on closing basis). The IPO was subscribed 1.63x overall - QIB 1.38x, HNI/NII 1.56x, Retail 1.82x. The total issue size was Rs 60.15 Cr (Fresh Issue Rs 48.18 Cr, OFS Rs 11.97 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Novus Loyalty IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | - |
| Day 3 | Rs 0 | - |
| Day 4 | Rs 0 | - |
| Day 5 | Rs 0 | - |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Novus Loyalty IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Novus Loyalty IPO - FAQs
What was the listing gain of Novus Loyalty IPO?
Novus Loyalty IPO listed at 0.0% versus the upper issue price of Rs 146 on 25 March 2026.
How many times was Novus Loyalty IPO subscribed?
Novus Loyalty IPO was subscribed 1.63x overall. QIB portion was subscribed 1.38x, HNI / NII 1.56x and Retail 1.82x.
What was the IPO GMP for Novus Loyalty?
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.