Nova AgriTech is planned to finish the premise of designation for its new starting public proposition (Initial public offering) on Monday, January 29. Financial backers, who bade for the issue, would get messages, alarms or messages for charge of assets or denials of Initial public offering command toward Monday's end. The yield nourishment player had gotten areas of strength for a from financial backers during the offering system Ova AgriTech IPO. The Nova AgriTech Initial public offering ran from January 23 to January 25. The Initial public offering cost band was fixed at Rs 39-41 for each offer. The organization raised around Rs 143.81 crore from its essential course, which incorporated a new offer of Rs 112 crore and make available for purchase (OFS) of up to 77.58 lakh value shares. The issue was bought in 109.37 times, drove by 224.08 times membership by non-institutional bidders. The standard for qualified institutional bidders (QIBs) was bought in 79.31 times and the part of retail financial backers was bought in 77.12 times during the offering. The dim market premium (GMP) of Nova AgriTech crept higher following areas of strength for the premium notwithstanding unpredictability in the more extensive market. Last heard, the organization was directing a premium of Rs 23 for every offer, proposing a posting pop of 55-56 percent. Prior the GMP for Nova AgriTech remained at Rs 20 each in the informal market. Consolidated in May 2007, the Hyderabad-put together Nova AgriTech fundamentally centers with respect to three sections: soil wellbeing, plant sustenance and harvest assurance. Business firms were generally certain on the Nova AgriTech Initial public offering. Anlaysts loved Nova AgriTech's solid plan of action, center in the agri area, edges and degree for extension. In any case, others had doubts. They had, in any case, recommended buying in the issue for long haul gains because of rich valuations and geological focus. Bajaj Capital and Feature Monetary Administrations are the book running lead administrators of the Nova AgriTech Initial public offering, while Bigshare Administrations is the recorder for the issue. Portions of the organization will be recorded on both BSE and NSE with January 31, 2024, Wednesday as the speculative date of posting. Financial backers, who bade for the issue, can check the designation status on the BSE site's Initial public offering application actually look at page. Registration value, under the issue type and select Nova AgriTech Restricted in the dropbox; type-in the application number and add the Dish card number prior to checking-in at 'I'm not a Robot' prior to stirring things up around town button. Financial backers can likewise really look at the assignment status on the internet based entryway of Bigshare Administrations, the recorder to the issue. Visit the online interface of Bigshare Administrations and select the Initial public offering of Nova AgriTech in the dropbox. Select the kind of utilization and enter the either Dish card number, application number or DP client ID as chosen tab and hit 'search' in the wake of filling in the manual human test to get the apportioning status for your application.
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