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NovusLoyalty IPO

Novus Loyalty
Start Date17-03-2026
Application Timing10am-5pm
Price Range₹139 - ₹146
Min Qty1000
Min. Investment₹146000
Listing Date25-03-2026
Close Date20-03-2026

About Novus Loyalty

Novus Loyalty Ltd. was incorporated in 2011 and is a technology-driven company that provides loyalty and rewards solutions to businesses across multiple industries such as fintech, e-commerce, software, banking, FMCG, and real estate. The company focuses on helping businesses improve customer engagement and retention through modern loyalty programs. Novus Loyalty offers both customizable and ready-to-deploy loyalty program models including point-based reward systems, event-triggered campaigns, cashback programs, purchase-linked promotions, and digital voucher solutions. Its technology platform is designed to integrate smoothly with existing business systems and works across web platforms, mobile applications, and physical retail stores. The company provides its solutions through two deployment models: On-Premises infrastructure and SaaS (Software as a Service). The on-premises model allows enterprises to install the platform on their own servers for enhanced data control and security, while the SaaS model provides a cloud-based subscription solution that is scalable and easier to implement. Novus Loyalty operates in both domestic and international markets. In India, the company serves clients across states such as Telangana, Haryana, Uttar Pradesh, Maharashtra, Punjab, Tamil Nadu, Rajasthan, Delhi, and Karnataka. Internationally, it has clients in countries including the UAE, USA, Australia, and Puerto Rico. As of January 31, 2026, the company had around 50 employees supporting its operations and technology platform.

Why To Invest in Novus Loyalty

Technology-Driven Loyalty Platform : The company offers a modern loyalty management platform built with advanced technology and AI-powered analytics that helps businesses manage customer engagement effectively.
Diverse Industry Presence : Novus Loyalty serves multiple sectors such as fintech, e-commerce, banking, FMCG, software, and real estate, which helps diversify its revenue streams.
Growing Financial Performance : The company has shown growth in revenue and profitability in recent years. Total income increased from Rs.59.61 crore in FY23 to Rs.104.63 crore in FY25, while profit after tax also improved.
Strong Return Ratios : The company has reported strong performance metrics including ROE of 36.30% and ROCE of 40.64% as of September 2025, indicating efficient use of capital.
International Client Base : Apart from India, Novus Loyalty also serves clients in markets such as the UAE, USA, Australia, and Puerto Rico, which strengthens its global presence.

Financial Table
Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets21.8314.8112.3613.38
Total Income71.43104.6373.6159.61
Profit After Tax5.803.582.960.55
EBITDA7.795.694.822.27
NET Worth18.8913.099.506.54
Reserves and Surplus6.6413.089.496.53
Total Borrowing0.823.53
Strengths And Risks
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Comprehensive Loyalty Solutions: The company provides a wide range of loyalty and rewards solutions including point-based rewards, cashback programs, promotional campaigns, and digital vouchers.
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Experienced Management Team: Novus Loyalty is led by experienced promoters and a management team with industry knowledge and operational expertise.
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International Market Exposure: The company has clients across global markets which enhances its brand reach and revenue opportunities.
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Quality Assurance Practices: The company focuses on quality assurance and certification processes to maintain service reliability and customer satisfaction.
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Small Workforce: As of January 2026, the company has around 50 employees, which could limit scalability compared to larger technology companies.
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High Valuation Risk: The IPO valuation metrics may appear relatively high for some investors, which could impact listing performance.
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Dependence on Technology Adoption: The company’s growth depends on businesses adopting loyalty and engagement solutions, which may fluctuate with market trends.
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SME Listing Risk: The IPO will be listed on the BSE SME platform, which generally has lower liquidity compared to the mainboard market.
FAQs
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