Upcoming IPOs Next Week: Novus Loyalty IPO and GSP Crop Science IPO
By HDFC SKY | Published at: Mar 12, 2026 05:35 PM IST

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
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations

