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Upcoming IPOs Next Week: Novus Loyalty IPO and GSP Crop Science IPO

By HDFC SKY | Published at: Mar 12, 2026 05:35 PM IST

Upcoming IPOs Next Week: Novus Loyalty IPO and GSP Crop Science IPO
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Several companies are scheduled to launch their public offerings next week, including Novus Loyalty Ltd and GSP Crop Science Ltd. The IPOs will open for subscription in mid-March 2026 with defined price bands, issue sizes, and listing schedules across SME and mainboard exchanges.

Novus Loyalty IPO Details

Novus Loyalty IPO is a book-built issue aggregating approximately ₹60.15 crore. The issue comprises a fresh issue of 0.33 crore shares aggregating ₹48.18 crore and an offer for sale of 0.08 crore shares aggregating ₹11.97 crore.

The price band for the IPO has been fixed at ₹139 to ₹146 per share. The company plans to list on the BSE SME platform.

IPO Timeline

Event Date
Issue Open Date March 17 2026
Issue Close Date March 20 2026
Basis of Allotment March 23 2026
Initiation of Refunds March 24 2026
Credit of Shares March 24 2026
Listing Date March 25 2026

Brief Overview Of The Novus Loyalty IPO

Detail Information
Issue Size ₹60.15 crore
Price Band ₹139 to ₹146 per share
Issue Dates March 17 2026 – March 20 2026
Lot Size 1,000 shares
Listing Exchange BSE SME

Novus Loyalty Ltd, incorporated in 2011, provides technology-driven loyalty and rewards solutions for sectors such as fintech, banking, e-commerce, FMCG, and real estate. The company offers platforms for reward points, cashback programmes, digital vouchers, and customer engagement campaigns.

GSP Crop Science IPO Details

GSP Crop Science IPO is a book-built issue aggregating ₹400 crore. The issue consists of a fresh issue of 0.75 crore shares worth ₹240 crore and an offer for sale of 0.50 crore shares aggregating ₹160 crore.

The IPO price band has been set at ₹304 to ₹320 per share. The company will list its shares on both BSE and NSE.

IPO Timeline

Event Date
Issue Open Date March 16 2026
Issue Close Date March 18 2026
Basis of Allotment March 20 2026
Initiation of Refunds March 23 2026
Credit of Shares March 23 2026
Listing Date March 24 2026

Brief Overview Of The GSP Crop Science IPO

Detail Information
Issue Size ₹400 crore
Price Band ₹304 to ₹320 per share
Issue Dates March 16 2026 – March 18 2026
Lot Size 46 shares
Listing Exchange BSE, NSE

GSP Crop Science Limited is an agrochemical manufacturer engaged in the production of insecticides, herbicides, fungicides, and plant growth regulators. The company provides crop protection solutions through formulation and technical products distributed across multiple states in India.

Summary: Two companies, Novus Loyalty Ltd and GSP Crop Science Ltd, are set to launch their initial public offerings next week. The IPOs will open on different dates in March 2026 and are scheduled to list on BSE SME and BSE/NSE respectively.

Disclaimer
At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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