The Initial Public Offering of Nova Agritech Limited was subscribed 109.37 times on the final day of bidding; the highest in the calendar year 2024.
The issue received bids of 2,77,94,75,000 shares against the offered 2,54,14,746 equity shares, at a price band of ?39-41, according to the data available on the stock exchanges.
Non-Institutional Investors Portion with 224.06 times, Retail Portion was subscribed 77.10 times, whereas Qualified Institutional Buyer Portion...
Nova Agritech IPO subscribed 109.36 times on Final Day
The Initial Public Offering of Nova Agritech Limited was subscribed 33.87 times on the second day of bidding.
The issue received bids of 86,06,91,900 shares against the offered 2,54,14,746 equity shares, at a price band of ?39-41, according to the data available on the stock exchanges.
Non-Institutional Investors Portion with 71.23 times, Retail Portion was subscribed 36.26 times, whereas Qualified Institutional Buyer Portion subscribed 1.12 times...
Nova Agritech IPO subscribed 33.87 times on Day 2
Mumbai, January 19, 2024:
Agri-input manufacturer, Nova Agritech Limited, which offers soil health management, crop nutrition and crop protection products focused on tech-based farmer driven solution approach, has garnered ? 43.14 crore from anchor investors ahead of its initial public offering that opens for public subscription on Monday, January 22, 2024. The company informed the bourses that it allocated 1,05,22,220 equity shares at ? 41/- per share on Friday, January 19, 2024, to ancho...
Nova Agritech Limited raises Rs. 43.14 crore from Anchor Investors
