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January 23, 2024 - January 25, 2024

Nova AgriTech IPO Subscription Details

Nova AgriTech IPO Subscription Status Live

Nova AgriTech IPO subscribed 113.21 times. The public issue subscribed 80.20 times in the retail category, 81.13 times in QIB, and 233.03 times in the NII category by January 25, 2024 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions81.137,015,13956,91,65,3052,333.58
Non-Institutional Buyers233.035,261,3541,22,60,29,1605,026.72
  bNII (bids above ₹10L)231.403,507,56981,16,66,1953,327.83
  sNII (bids below ₹10L)236.271,753,78541,43,62,9651,698.89
Retail Investors80.2012,276,49298,45,38,9554,036.61
Employees[.]000
Others[.]000
Total 113.2124,552,9852,77,97,33,42011,396.91

Total Application : 2,540,394 (75.53 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Nova AgriTech IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
January 23, 2024
0.6315.3713.6810.31
Day 2
January 24, 2024
1.1474.2438.1635.32
Day 3
January 25, 2024
81.13233.0380.20113.21

Nova AgriTech IPO Shares Offered

Nova AgriTech IPO is a public issue of 35,075,205 equity shares. The issue offers 12,276,492 shares to retail investors, 7,015,139 shares to qualified institutional buyers, and 5,261,354 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor10,522,22043.1430.00%
QIB7,015,13928.7620.00%
NII5,261,35421.5715.00%
    bNII (bids above ₹10L)3,507,56914.3810.00%
    sNII (bids below ₹10L)1,753,7857.195.00%
Retail12,276,49250.3335.00%
Total35,075,205143.81100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Nova AgriTech IPO Subscription FAQs

The Nova AgriTech IPO is subscribed 113.21 by January 25, 2024.

Nova AgriTech IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional81.13
Non Institutional233.03
Retail Individual80.20
Employee Reservations[.]
Others[.]
Total Subscription113.21

Retail category of Nova AgriTech IPO subscribed 80.20 times as of date January 25, 2024. The public issue closes on January 25, 2024 for bidding.

An investor can apply in Nova AgriTech IPO online via bank (using ASBA) or the broker (using UPI). The Nova AgriTech IPO shares are offered online only.

The Nova AgriTech IPO is subscribed 113.21 by January 25, 2024.

The Nova AgriTech IPO allotment status is expected on or around January 29, 2024. Visit Nova AgriTech IPO allotment status to check.

The Nova AgriTech IPO listing date is Wednesday, January 31, 2024. The equity share of Nova AgriTech Limited will list on BSE, NSE.

Visit Nova AgriTech IPO subscription status page for real-time bidding information about Nova AgriTech IPO.

Nova AgriTech IPO Timetable

IPO Opens OnJanuary 23, 2024
IPO Closes OnJanuary 25, 2024
Finalisation of Basis of AllotmentJanuary 29, 2024
Initiation of RefundsJanuary 30, 2024
Credit of Shares to Demat AccountJanuary 30, 2024
IPO Listing DateJanuary 31, 2024