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Nova AgriTech Limited IPO

Nova AgriTech Limited IPO was engaged in specializing in producing agricultural inputs, including solutions for soil health, crop nutrition, and crop protection. Their focus is on providing technology-driven, farmer-centric solutions, offering ecologically sustainable and nutritionally balanced products developed through extensive research and development. They engage in the manufacturing, distribution, and marketing of various product categories, particularly those related to soil health management. They have rented 66.11 acres of land in Valaparla Village, Andhra Pradesh, as part of their research and development efforts. Here, they evaluate how well their products perform on different crops to ensure their effectiveness.

Company Promoters:

·  Suraksha Agri Retails (India) Private Limitred
·  Malathi S And Kiran Kumar Atukuri

Objects of this Issue:

·  Investment in the subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant.
·  Funding Capital Expenditure in the Company, towards expansion of the existing formulation plant.
·  Funding of working capital requirements of the company
·  Investment in the subsidiary, Nova Agri Sciences Private Limited, for funding working capital requirements.
·  General corporate purposes.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2022	As on 31 Mar 2021	As on 31 Mar 2020
Total Assets	16029.77	14743.86	13,157.35
Total Liabilities	11,710.66	11,800.88	10,868.01
Net Profit	1844.44	867.13	485.9

Nova AgriTech Limited IPO Schedule

1.     Bid or Offer Opens on: 23 January 2024
2.     Bid or Offer Closes on: 25 January 2024
3.     Finalization of BoA: 29 January 2024
4.     Initiation of Refunds: 30 January 2024
5.     Credit of share to Demat account: 30 January 2024
6.     Listing Date: 31 January 2024

Nova AgriTech Limited IPO Lot Size

Market lot size of the NOVA AGRITECH LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Nova AgriTech Limited IPO

Sy.No.251/A/1, Singannaguda Village, Mulugu Mandal,

Siddipet, Medak, Telangana – 502279

Phone: +91 84 54253446

Email:  ipo@novaagri.in

Website: www.novaagri.in

Nova AgriTech Limited IPO Registrar Details:

Bigshare Services Private Limited

Office No S6-2, 6th Floor, Pinnacle Business Park,

Next to Ahura Centre, Mahakali Caves Road,

Andheri (East) Mumbai-400093

Phone: +91 22 6263 8200

Email: +91 2262638280

Website: www.bigshareonline.com