Novus Loyalty IPO Allotment Status: GMP, Subscription & How to Check

If you applied for the Novus Loyalty IPO, you can now check whether you received shares. Below is a complete, updated breakdown including allotment status, latest GMP, subscription data, and step-by-step verification.
Novus Loyalty IPO Allotment Status Overview
Here is the latest overview of the IPO allotment timeline and details:
| Particulars | Details |
|---|---|
| IPO Name | Novus Loyalty IPO |
| IPO Type | SME IPO |
| Face Value | ₹10 per share |
| Price Band | ₹115 to ₹120 per share |
| Lot Size | 1,200 shares |
| IPO Open Date | March 18, 2026 |
| IPO Close Date | March 20, 2026 |
| Allotment Date | March 23, 2026 |
| Refund Initiation | March 24, 2026 |
| Shares Credit | March 24, 2026 |
| Listing Date | March 25, 2026 |
| Listing Exchange | NSE SME |
Novus Loyalty IPO GMP (Grey Market Premium)
The latest Grey Market Premium indicates moderate investor interest.
| Particulars | Value |
|---|---|
| IPO Price (Upper Band) | ₹120 |
| Latest GMP | ₹18 |
| Expected Listing Price | ₹138 |
| Expected Gain | ~15% |
Note: GMP is unofficial and can change anytime based on market sentiment.
Novus Loyalty IPO Subscription Details
The IPO received strong demand across all investor categories.
| Category | Subscription (Times) |
|---|---|
| QIB (Institutional) | 28.45x |
| NII (HNI) | 65.12x |
| Retail Investors | 42.78x |
| Total Subscription | 45.96x |
What this means
- Strong HNI and retail participation
- High oversubscription reduces allotment chances
- Positive signal for listing performance
How to Check Novus Loyalty IPO Allotment Status
You can check your allotment status online using these methods:
1. Via Registrar Website (KFintech / Link Intime)
- Visit the official registrar website
- Click on “IPO Allotment Status”
- Select Novus Loyalty IPO
- Enter:
- PAN / Application Number / DP ID
- Click Submit
2. Via BSE Website
- Go to the BSE IPO allotment page
- Select Equity
- Choose Novus Loyalty IPO
- Enter your PAN and application details
- Click Search
What Happens After Allotment?
- If allotted: Shares will be credited to your Demat account
- If not allotted: Refund will be processed to your bank account
- Listing: Shares will trade on NSE SME on March 25, 2026
Tips to Check Status Faster
- Keep your PAN and application number ready
- Use registrar website for faster results
- Avoid peak hours if the site is slow
FAQs
Q. When is Novus Loyalty IPO allotment date?
The allotment is expected on March 23, 2026.
Q. What is the latest GMP of Novus Loyalty IPO?
The GMP is around ₹18, indicating a potential 15% listing gain.
Q. Where will the shares be listed?
The IPO will be listed on NSE SME.
Q. What if I don’t get allotment?
Your funds will be refunded automatically by March 24, 2026.
Key Takeaways
- Allotment status is available online from March 23, 2026
- GMP suggests moderate listing gains
- IPO is heavily oversubscribed, making allotment competitive
- Refunds and share credits happen quickly after allotment
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.







