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Novus Loyalty IPO Allotment Status Today:1.55x Subscription Led by Retail Demand.

By HDFC SKY | Published at: Mar 23, 2026 11:28 AM IST

Novus Loyalty IPO allotment status Todayas issue closes with 1.55x subscription led by retail demand.

Novus Loyalty IPO Allotment Status Today:1.55x Subscription Led by Retail Demand.
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Mumbai, March 23: Following the close of the subscription period, the Novus Loyalty IPO allotment status is awaited, with the issue subscribed 1.55 times overall as per exchange data. The retail portion led demand at 1.82 times, followed by QIB at 1.38 times and NII at 1.17 times, reflecting moderate investor participation across categories.

The IPO is a bookbuilding issue of ₹60.15 crore, comprising a fresh issue of 30,70,000 shares aggregating to ₹48.18 crore and an offer for sale of 8,20,000 shares aggregating to ₹11.97 crore.

Steps To Check Novus Loyalty IPO Allotment Status On NSE, BSE And Registrar

Check Novus Loyalty IPO Allotment Status on NSE

  1. Visit: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
  2. Select “IPO Bid Verification”
  3. Enter PAN number and application details
  4. Submit to view allotment status

Check Novus Loyalty IPO Allotment Status on BSE

  1. Visit: https://www.bseindia.com/investors/appli_check.aspx
  2. Select Equity IPO
  3. Choose “Novus Loyalty IPO”
  4. Enter PAN or application number
  5. Submit to check status

Check Novus Loyalty IPO Allotment Status on Registrar Website

  1. Visit: https://ipostatus.kfintech.com/
  2. Select IPO allotment status page
  3. Choose Novus Loyalty IPO
  4. Enter PAN, application number, or DP ID
  5. Submit to view status

Investors will be able to see whether shares have been allotted or if no allotment has been made.

Novus Loyalty IPO Subscription Status Summary

The IPO witnessed steady demand across investor segments:

  • QIB: 1.38 times
  • NII: 1.17 times
  • Retail: 1.82 times
  • Overall: 1.55 times

Retail investors drove the subscription, while institutional and non-institutional participation remained moderate.

Novus Loyalty Listing Date

The shares of Novus Loyalty IPO are scheduled to list on BSE SME on March 25 2026.

The listing performance will depend on subscription strength, market sentiment, and demand in the SME segment.

Novus Loyalty Post-Allotment Timeline

  • Allotment Status: March 23 2026
  • Refund Initiation: March 24 2026
  • Shares Credited to Demat: March 24 2026
  • Listing Date: March 25 2026

Investors who receive allotment will see shares credited to their demat accounts ahead of listing, while others will receive fund unblocking.

Conclusion

With a 1.55 times subscription led by retail demand, Novus Loyalty IPO shows moderate interest from the market. Investors should check allotment status once released and monitor listing day performance for potential gains or volatility in the SME segment.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspxid=4496&type=IPO&idtype=2&status=H&IPONo=7637&startdt=17/03/2026

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