Novus Commitment Introduces IPO, Initial Registration at 14 %
Novus Loyalty, a technology-led commitment services carrier given that 2011, launched its IPO on March 17, looking for to increase 60 crore on the BSE SME platform.
* The IPO includes a fresh concern of shares worth 48 18 crore and a sell of 11 97 crore.
* The cost band is evaluated 139– 146 per share, with a minimal lot size of 2, 000 shares.
* The IPO was 14 % subscribed on the first day, with strong rate of interest from individual investors.
* 16 5 crore was protected from anchor financiers.
* Listing is expected on March 25
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