Allotment results are expected today. Retail subscription was 1.82x. Check status on the Kfin Technologies allotment page, IPOwiz Allotment Checker, or the IPOwiz App.
Novus Loyalty SME logo

Novus Loyalty SME IPO Allotment Status

Allotment Date: 23 Mar 2026|Listing Date: 25 Mar 2026|Alloted

The Novus Loyalty SME IPO closed on 20 March 2026. Allotment will be finalised on 23 March 2026. Refunds for unsuccessful applicants will be initiated on 24 March 2026. Shares will be credited to demat accounts on 24 March 2026. The stock lists on NSE and BSE on 25 March 2026.

Issue Price

Rs 146.00

Allotment Date

23 March 2026

Refund Date

24 March 2026

Share Credit Date

24 March 2026

Listing Date

25 March 2026

Registrar

Kfin Technologies

GMP Today

-

Est. Listing Price

Rs 146.00

Est. Profit / Lot

Rs 0.00

Novus Loyalty SME IPO Allotment Chances

The IPO closed with an overall subscription of 1.63x. Here is what that means for each category.

Retail Category: Retail subscription came in at 1.82x based on applications received. In the retail category, SEBI requires allotment by lottery when oversubscription exceeds 1x. At 1.82x, approximately 1 in 2 retail applicants can expect to receive an allotment. Each successful applicant receives a minimum of 1 lot.

Applying from multiple eligible accounts increases household probability but does not improve the chances of any single application.

NII Category: NII subscription was 1.56x based on shares applied. NII allotment is proportional, not by lottery. At this oversubscription level, NII applicants will receive a very small fraction of the shares they applied for.

QIB Category: QIB subscription came in at 1.38x. QIB allotment is handled by the book running lead managers and is not accessible to retail investors.

Check the Novus Loyalty SME IPO Subscription Status for the full category-wise breakdown.

How to Check Novus Loyalty SME IPO Allotment Status

Allotment status will be available from 23 March 2026. There are four ways to check.

Option 1: Via IPOwiz App

  1. Download the IPOwiz App from the Play Store
  2. Add the PAN numbers you want to check in the PAN section
  3. Go to the Allotted section and select Novus Loyalty SME
  4. View the allotment status for the saved PAN numbers

Option 2: Via Kfin Technologies Website

  1. Visit the Kfin Technologies Allotment Page
  2. Select Novus Loyalty SME from the drop-down menu
  3. Enter your PAN number, application number, or demat account details
  4. Click Search to view your allotment status

Kfin Technologies is the official registrar for this IPO. This is the most direct method to check your result.

Option 3: Via BSE Website

  1. Go to the BSE IPO allotment page
  2. Select Novus Loyalty SME from the list
  3. Enter your PAN number, application number, or demat account details
  4. Click Search to check your status

Option 4: Via Demat Account

Log in to your demat or trading account from 24 March 2026 onwards. If shares have been credited, your allotment was successful. Share credit is expected on 24 March 2026.

What Happens After Allotment?

Once allotment is finalised on 23 March 2026, the process moves as follows.

If you are allotted shares: Shares will be credited to your demat account on 24 March 2026. You can hold or sell on listing day, 25 March 2026.

If you are not allotted shares: Your blocked amount (ASBA) will be unblocked and refunded on 24 March 2026. The refund goes back to the bank account linked to your application. UPI-based applications are unblocked automatically. ASBA applications through net banking are unblocked by your bank.

On listing day: The stock lists on NSE and BSE on 25 March 2026. You can sell your allotted shares from the moment trading begins.

For listing day updates, follow the IPOwiz Telegram Channel.

Novus Loyalty SME IPO Registrar Details

The registrar for this IPO is Kfin Technologies. For allotment queries or discrepancies, you can contact them directly.

FieldValue
RegistrarKfin Technologies Private Limited
Websitekfintech.com
Allotment CheckKfin Technologies IPO Allotment Page
Emaileinward.ris@kfintech.com
Phone1800 309 4001 (toll free)

Novus Loyalty SME IPO Details

FieldValue
Price Band₹139.0 - ₹146.0
Issue Size₹56.79 Cr
Lot Size1000 shares
Minimum InvestmentRs 2,92,000.00
IPO TypeBSE SME
Open Date17 March 2026
Close Date20 March 2026
Allotment Date23 March 2026
Listing Date25 March 2026
Overall Subscription1.63x

Novus Loyalty SME IPO full details including financials, valuation, and review.

About Novus Loyalty SME

No company information available

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Novus Loyalty SME IPO Allotment FAQs

When will the Novus Loyalty SME IPO allotment be finalised?

Allotment will be finalised on 23 March 2026. Results will be available on the Kfin Technologies website, BSE website, and the IPOwiz App from that date.

What are the allotment chances for retail investors?

Retail subscription came in at 1.82x based on applications. At this level, approximately 1 in 2 retail applicants can expect an allotment. Allotment in the retail category is done by lottery.

When will shares be credited to demat accounts?

Shares will be credited to demat accounts on 24 March 2026, one day before listing.

When is the Novus Loyalty SME listing date?

The stock is scheduled to list on NSE and BSE on 25 March 2026.

When will refunds be processed?

Refunds for unsuccessful applicants will be initiated on 24 March 2026. UPI-based ASBA amounts are unblocked automatically. Net banking ASBA amounts are unblocked by your bank.

Can I sell shares on listing day?

Yes. Allotted shares can be sold from the moment trading begins on 25 March 2026.

What should I do if I am not allotted shares?

Your blocked amount will be refunded on 24 March 2026. No action is required from your side. The refund goes back to the bank account linked to your application.

How is allotment done in an IPO?

In the retail category, allotment is done by lottery when the IPO is oversubscribed. SEBI mandates a minimum of one lot per successful applicant. In the NII category, allotment is proportional. In the QIB category, allotment is at the discretion of the book running lead managers.

Can I check allotment status using my PAN number?

Yes. PAN number is the easiest way to check allotment status on the Kfin Technologies website, BSE website, or IPOwiz App.

Who should I contact for allotment queries?

Contact the registrar, Kfin Technologies, at einward.ris@kfintech.com or call 1800 309 4001 (toll free). You can also raise a query through the BSE SCORES platform.

What is the expected listing price of Novus Loyalty SME?

Listing price will be known on 25 March 2026 when the stock lists on the exchange.

Check your allotment status from 23 March 2026 on the IPOwiz Allotment Checker. For listing day updates on 25 March 2026, follow the IPOwiz Telegram Channel or download the IPOwiz App.

Reviewed by Dinesh Agrawal

15+ years in Indian capital markets and IPO research. Allotment guide verified before publish.