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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Nova Agritech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹41
Per ShareLot Size
365 Shares
Minimum Investment
₹14,965
Issue Size
₹143.81 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
84.27%
Issue Type
Book Building
ISIN
INE02H701025
Nova Agritech Limited is an agri-input manufacturer offering soil health management, crop nutrition and crop protection products focused on tech-based farmer driven solution approach, wherein the company mainly offers ecologically sustainable and nutritionally balanced products based on its Research and Development. The Company 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. Currently, the crop protection products are manufactured by its subsidiary Nova Agri Sciences Private Limited.
Crop nutrition industry primarily consists fertilizers (chemical, organic and bio-fertilizers) and bio-stimulants. Overview and types of fertilizers: Fertilizer is any material of natural or synthetic origin that is applied to plant tissues or soil to supply plant nutrients. For most modern agricultural practices, fertilization focuses on three main macro nutrients: Nitrogen , Phosphorous and Potassium. Fertilizers are mainly classified as - i. Chemical fertilizers ii. Organic fertilizers iii. Biofertilizers. Overview and key types of bio-fertilizers: As per several studies conducted by the Centre of Science & Environment, crops no longer respond to chemical fertilizers as they used to. The fertilizer response ratio used to be 13.4 in 1970 which further reduced to 2.7 by 2015. Due to heavy subsidies provided for nitrogen, the nitrogen-phosphorous-potassium ratio has been skewed towards nitrogen. However, the continuous use of nitrogenous fertilizers adversely affected the soil health in India. The crops displayed symptoms in deficiencies of macro and micro nutrients. This became a growing concern and led to the search foralternative non-chemical choiceswhich included biofertilizers and organic fertilizers. Bio fertilizers contain microbes, that enhance plant nutrition or increase nutrient availability in soils. E.g. azospirillum, rhizobium, etc. They are regulated under the Fertilizer Control Order.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 3,50,75,693 equity shares of face value of Rs. 2/- each ("Equity Shares") of the company for cash ata price of Rs. 41/- per equity share (including a share premium of Rs. 39 per equity share) ("Offer Price") aggregating to Rs. 143.81 crores (the "Offer") comprising a fresh offer of 2,73,17,073 equity shares aggregating to Rs. 112.00 crores by the company (the "Fresh Offer") and an offer for sale of up to 77,58,620 equity shares aggregating to Rs. 31.81 crores by Nutalapati Venkatasubbarao (selling shareholder) (and such offer for sale of equity shares by the selling shareholder the "Offer for Sale"). The offer would constitute 37.91 % of the post-offer paid-up equity share capital of the company. The "Offer for Sale" and together with the fresh offer, the "Offer". The face value of the equity shares is Rs. 2/- each and the issue price is 20.50 times the face value of the equity shares. ^Subject to finalisation of the basis of allotment.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Nova Agritech Limited was incorporated as a private limited company under the provisions of the Companies Act, 1956 on May 9, 2007 at Hyderabad, Andhra Pradesh as "Nova Agritech Private Limited". The name of the Company was subsequently changed to 'Nova Agritech Limited", upon conversion into a public company, pursuant to a shareholders' resolution dated September 08, 2018. and a fresh certificate of change of name was issued by the Registrar of Companies, Hyderabad ("RoC") on September 24, 2018.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.