Nova AgriTech
MAINBOARD
Listed
Price Band
₹39 - ₹41
Lot Size
365 Shares
Issue Size
₹31.81 Cr
Fresh Issue
Nil (Pure OFS)
OFS
₹31.81 Cr (Full Issue)
Registrar
Bigshare Services Private Limited
AI Sentiment Score
Listing Price
₹55.00
vs Issue: ₹41 (+34.15%)
📅 IPO Timeline
✓
Open
Jan 23, 2024
✓
Close
Jan 25, 2024
✓
Allotment
Jan 26, 2024
✓
Refund
Jan 29, 2024
✓
Demat
Jan 29, 2024
✓
Listing
Jan 31, 2024
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Nova AgriTech displays an established operational footprint with expanding revenue streams (7.5% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (7.5% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at 8.09%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 211.00 Cr | Rs 252.00 Cr | Rs 294.00 Cr | Rs 262.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 20.00 Cr | Rs 28.00 Cr | Rs 27.00 Cr | Rs 13.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 39.00 Cr | Rs 44.00 Cr | Rs 43.00 Cr | Rs 27.00 Cr |
| Borrowings (₹ Cr) | Rs 71.00 Cr | Rs 61.00 Cr | Rs 55.00 Cr | Rs 50.00 Cr |
| Total Assets (₹ Cr) | Rs 181.00 Cr | Rs 298.00 Cr | Rs 336.00 Cr | Rs 345.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | 8.09% | 8.09% | 8.09% | 8.09% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Company P/E
16.3x
Industry P/E
18.7x
Debt/Equity
0.22
⚖️ Valuation Benchmark Range
🟢 Attractively Priced vs Industry Peers
Industry 18.7x
IPO 16.3x
0x (Deep Value)
30x (High Multiple)
📋 Live Subscription Status
QIB
79.31x
NII
227.19x
Retail
77.12x
Total
109.37x
🎯 Retail Allotment Probability
1.3% Odds
1 in 77.1 chance (~1.3% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:45 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹31.8 Cr
Issue Size
OFS (100%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.