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Novus Loyalty IPO

Novus Loyalty IPO Subscription Status Day 2

The Novus Loyalty IPO opened for subscription on March 17, 2026 and will close on March 20, 2026. Investors can track how many times the IPO is subscribed each day to understand demand.

On Day 2, subscription numbers show how strongly investors are responding after the first day of bidding.

Novus Loyalty IPO

Novus Loyalty IPO Subscription Status (Day 2)

Category Subscription (Times)
QIB (Qualified Institutional Buyers) Yet to Update
NII (Non-Institutional Investors) Yet to Update
Retail Investors Yet to Update
Total Subscription Yet to Update

Note: Subscription data updates live during market hours.

Novus Loyalty IPO

IPO Key Details

Details Information
IPO Open Date March 17, 2026
IPO Close Date March 20, 2026
Price Band ₹139 – ₹146 per share
Issue Size ₹60.15 Crores
Lot Size 2,000 Shares
Listing Exchange BSE SME
Listing Date March 25, 2026

What Does Subscription Status Mean?

Novus Loyalty IPO subscription status shows how many times the IPO has been applied compared to shares offered.

  • Above 1x → Good demand
  • Below 1x → Weak demand
  • High Retail Interest → Positive signal for listing

Important Note for Investors

  • Subscription numbers change throughout the day
  • Final demand is clear only after IPO closing
  • Don’t rely only on subscription data—check fundamentals too
  • SME IPOs can be more volatile than mainboard IPOs
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