Novus Loyalty Launches IPO, Preliminary Registration at 14 %
Novus Commitment, a technology-led loyalty solutions service provider given that 2011, released its IPO on March 17, looking for to elevate 60 crore on the BSE SME platform.
* The IPO consists of a fresh problem of shares worth 48 18 crore and a market of 11 97 crore.
* The price band is set at 139– 146 per share, with a minimum whole lot size of 2, 000 shares.
* The IPO was 14 % subscribed on day one, with strong interest from private investors.
* 16 5 crore was protected from support financiers.
* Listing is anticipated on March 25
