Upcoming IPOs Next Week – Novus Loyalty & GSP Crop Science

The IPO market is heating up again as two interesting public offerings are set to open next week. These IPOs offer investors fresh opportunities to participate in growing Indian companies — one in technology solutions and the other in the agrochemical sector. Below, we explain what you need to know about Novus Loyalty Ltd. IPO and GSP Crop Science Ltd. IPO, including dates, price bands, lot sizes, and more.

Novus Loyalty Ltd. IPO – Quick Overview

Novus Loyalty Ltd. is launching its SME IPO during the week starting 17 March 2026. This company specializes in providing loyalty, rewards, and engagement solutions for industries like fintech, e‑commerce, software, banking, FMCG, and real estate. By using advanced technology platforms, Novus Loyalty helps businesses retain customers and build long‑term engagement.

The IPO is moderately sized at around ₹60 crore, and the company has fixed a price band between ₹139 and ₹146 per share. Investors can apply for this IPO with a minimum investment of roughly ₹2,92,000, as the lot size is 1,000 shares per application. After the bidding period ends, the allotment is expected to be finalized on 23 March 2026, and the shares are scheduled to list on the BSE SME platform on 25 March 2026.

This IPO could attract technology‑focused investors who see long‑term potential in digital customer engagement solutions. The SME platform listing helps smaller companies raise funds while giving retail investors a chance to participate early.

Here’s a snapshot of the Novus Loyalty IPO:

GSP Crop Science Ltd. IPO – What to Know

GSP Crop Science Ltd. is another upcoming IPO that will open for subscription on 16 March 2026 and close on 18 March 2026. This mainboard IPO is from an agrochemical company that manufactures crop protection chemicals including insecticides, herbicides, fungicides, and plant growth regulators. These products are used by farmers to protect crops and improve productivity.

The company is aiming to raise a significant amount of capital — around ₹400 crore — through this IPO. The price band has been fixed between ₹304 and ₹320 per equity share, and the issue structure includes both fresh issuance of shares and an offer for sale by existing shareholders.

Allocation of shares will be decided on 20 March 2026 after the subscription period ends. If everything goes as scheduled, the shares should list on major exchanges (BSE and NSE) around 24 March 2026. This listing will be closely watched by investors, as agrochemical stocks may benefit from India’s growing agricultural sector and rising demand for crop protection solutions.

Below is a summary of GSP Crop Science IPO details:

What Investors Should Keep in Mind

Both IPOs have different investment profiles:

• Novus Loyalty Ltd. is a tech‑oriented company focused on loyalty and rewards solutions for modern businesses. It appeals to investors looking at growth in customer engagement tech.
• GSP Crop Science Ltd. operates in the agrochemical sector, which is closely linked to agriculture and crop protection, and might attract investors interested in sectoral growth and essential industry services.

Before applying to any IPO, it’s important to read the Red Herring Prospectus (RHP) paid documents and understand your risk profile — IPOs can be volatile in the short term. Always consult with a financial expert if you are unsure what to do. Investors can track subscription numbers, GMP (grey market premium), and market trends as the IPOs progress.