Novus Loyalty Introduces IPO, Preliminary Membership at 14 %
Novus Commitment, a technology-led loyalty options company because 2011, released its IPO on March 17, seeking to raise 60 crore on the BSE SME system.
* The IPO includes a fresh issue of shares worth 48 18 crore and a sell of 11 97 crore.
* The price band is set at 139– 146 per share, with a minimum lot size of 2, 000 shares.
* The IPO was 14 % subscribed on day one, with strong rate of interest from specific investors.
* 16 5 crore was protected from anchor capitalists.
* Listing is anticipated on March 25