/ 365 Shares
22-Jan-2024 - 25-Jan-2024
₹ 39 - ₹ 41
₹ 14965.00
365
35,075,993
Face Value - ₹ 2/- Per Share
Listing at NSE BSE
33,635 Application Required in Retail for 1 Time.
Registrar : Bigshare Services Pvt. Ltd
Fresh Issue of Equity Shares aggregating upto Rs 112 Cr and Offer for Sale of upto 77,58,620 Equity Shares
Category | % | Shares/Amount |
---|---|---|
QIB | 50% | 17,537,846 Shares Rs. 71.91 Cr |
HNI 1 | 5% | 1,753,785 Shares Rs. 7.19 Cr @ 343 Form 1X |
HNI 2 | 10% | 3,507,569 Shares Rs. 14.38 Cr @ 686 Form 1x |
Retail | 35% | 12,276,493 Shares Rs. 50.33 Cr @ 33634 Form 1x |
BRLMs: Keynote Financial Services, Bajaj Capital
Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
---|---|---|
33634 Form 1x | 343 Form 1X | 686 Form 1x |
Category | Lots | Shares | Amount |
---|---|---|---|
Retail (Upto 2 Lakh) | 1 | 365 | ₹ 14,965 |
Retail (Upto 2 Lakh) | 13 | 4745 | ₹ 194,545 |
S-HNI (2 Lakh to 10 Lakh) | 14 | 5110 | ₹ 209,510 |
S-HNI (2 Lakh to 10 Lakh) | 66 | 24090 | ₹ 987,690 |
B-HNI (Above 10 Lakh) | 67 | 24455 | ₹ 1,002,655 |
24-Jan-2024 17:07
Category | Book Size | Subscription | No. of Times |
---|---|---|---|
QIB | 7,015,139 ₹ 28.76 Cr. | 8,026,350 ₹ 32.91 Cr. | 1.14x |
HNI (<10 LAKH) | 1,753,785 ₹ 7.19 Cr. | 166,922,165 ₹ 684.38 Cr. | 95.18x |
HNI2 (>10 LAKH) | 3,507,569 ₹ 14.38 Cr. | 222,686,500 ₹ 913.01 Cr. | 63.49x |
RETAIL | 12,276,793 ₹ 50.33 Cr. | 462,457,190 ₹ 1896.07 Cr. | 37.67x |
Total | 24,553,286 | 860,092,205 | 35.03x |
Category | Book Size | Subscription | No. of Times |
---|---|---|---|
QIB | 7,015,139 ₹ 28.76 Cr. | 8,026,350 ₹ 32.91 Cr. | 1.14x |
HNI (<10 LAKH) | 1,753,785 ₹ 7.19 Cr. | 166,922,165 ₹ 684.38 Cr. | 95.18x |
HNI2 (>10 LAKH) | 3,507,569 ₹ 14.38 Cr. | 222,686,500 ₹ 913.01 Cr. | 63.49x |
RETAIL | 12,276,793 ₹ 50.33 Cr. | 462,457,190 ₹ 1896.07 Cr. | 37.67x |
Total | 24,553,286 | 860,092,205 | 35.03x |
*Excluding Anchor
Total No. of Application Approx : ~1010623 (30.05 Appwise)
Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.
Nova Agritech (NOVA) was incorporated on May 9, 2007, at Hyderabad, with an objective to be a one-stop solution provider by offering ecologically sustainable and nutritionally balanced products to the farmers. NOVA is a an agri-input manufacturer offering soil health management, crop nutrition and crop protection products focused on tech-based farmer driven solution approach.
NOVA manufactures, distributes, and markets a wide range of product categories consisting of (a) soil health management products; (b) crop nutrition products; (c) bio stimulant products; (d) bio pesticide products (e) Integrated Pest Management products; (f) new technologies; and (g) crop protection products.
The company has received a total of 720 product registrations comprising of 7 registrations in the soil health management category, 176 registrations in the crop nutrition category, 4 registrations in bio pesticide category, 7 registrations under Technical Indigenous Manufacture and 526 registrations in the crop protection category.Additionally, the company has applied for 36 registrations for new products across various categories.
NOVA’s distribution network is spread across 16 states comprising of approximately 11,722 dealers. The company also exports its products to Nepal and is awaiting the necessary permission to start business in Bangladesh, Sri Lanka and Vietnam through marketing, distribution, and supply agreements with third parties in these regions.
NOVA plans to import and distribute Technicals, which it considers will be a prominent factor in the growth of the agriculture sector in India. Its subsidiary NASPL has entered into agreement for import and distribution of Technicals with a Taiwanese entity, to act as the distributor for sales and formulation of Butachlor 85% Tech in India for a period of 5 years. NASPL has also entered into an agreement with a Chinese entity, to act as the distributor for sales and formulation of Emamectin Benzoate Technical 95% in India for a period of 5 years.
Competitive Strength
Business Strategies
Adabala Seshagiri Rao is a Chairperson and Independent Director of the Company. Malathi S is one of the Promoter and Executive Director of the Company. Kiran Kumar Atukuri is one of the Promoter and Managing Director of the Company. Nadella Basanth Kumar is a Whole-time Director of the company. Sreekanth Yenigalla is a Whole-time Director of the company. Adapa Kiran Kumar is an Independent Director of the Company. Kandula Swapna is an Independent Director of the company. Ramesh Babu Neman
Period Ended | 30 Sep 2023 | 31 Mar 2023 | 22 Mar 2022 | 31 Mar 2021 |
Assets | 196.37 | 180.78 | 160.30 | 147.44 |
Revenue | 103.24 | 210.93 | 185.61 | 160.93 |
Profit After Tax | 10.38 | 20.49 | 13.69 | 6.30 |
Net Worth | 74.23 | 63.88 | 43.19 | 29.43 |
Reserves and Surplus | 60.97 | 50.59 | 30.10 | 16.41 |
Total Borrowing | 68.50 | 70.96 | 64.27 | 51.10 |
Amount in ? Crore |
The net proceeds of the Fresh Offer, i.e. gross proceeds of the Fresh Offer less the offer expenses apportioned to the company ("Net Proceeds") are proposed to be utilised in the following manner:
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