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Novus Loyalty IPO — Grey Market Premium (GMP) Today
BSE · SME IPO · GMP Tracker
Listed
⬡ SME IPO
BSE
+₹0
GMP Today
₹60
Issue Price
₹60(0%)
Est. Listing
₹146 ▲ +143.33%
Listed Price
Incorporated in 2011, Novus Loyalty is a technology-driven loyalty and rewards solutions company serving industries including Fintech, E-commerce, Software, Banking, FMCG, and Real Estate. The cap price for Novus Loyalty IPO is ₹60. At the current GMP of +₹0, the estimated listing price is ₹60 — a 0% premium over the issue price. Based on available sessions, grey market activity has been relatively steady. The GMP has ranged between ₹0 and ₹0 since tracking began. Novus Loyalty is scheduled to list on 25 March 2026. We update GMP every day — bookmark this page to track the latest trend. Note: GMP data is collected from grey market participants for informational purposes only. ForgeUp does not trade in or recommend grey market transactions.
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Data Source: GMP data is collected from grey market dealers and cross-verified across multiple sources before publishing. ForgeUp publishes this for informational purposes only. Rates may vary and are updated daily.
GMP History Last 13 sessions
GMP ₹0–₹0Applied for 0.83x → 1.55x
| Date | Time (IST) | GMP (₹) | Issue Price | Est. Listing | Subscription |
|---|---|---|---|---|---|
| 24 Mar 2026 | 11:12 PM | +₹0 | ₹60 | ₹60 | 1.55x |
| 23 Mar 2026 | 11:06 PM | +₹0 | ₹60 | ₹60 | 1.55x |
| 22 Mar 2026 | 10:12 PM | +₹0 | ₹60 | ₹60 | 1.55x |
| 21 Mar 2026 | 11:12 PM | +₹0 | ₹60 | ₹60 | 1.55x |
| 20 Mar 2026 | 11:12 PM | +₹0 | ₹60 | ₹60 | 1.55x |
| 19 Mar 2026 | 11:12 PM | +₹0 | ₹60 | ₹60 | 1.06x |
| 18 Mar 2026 | 11:12 PM | +₹0 | ₹146 | ₹146 | 0.88x |
| 17 Mar 2026 | 11:05 PM | +₹0 | ₹146 | ₹146 | 0.83x |
| 16 Mar 2026 | 11:01 PM | +₹0 | ₹146 | ₹146 | — |
| 13 Mar 2026 | 05:09 PM | +₹0 | ₹146 | ₹146 | — |
| 12 Mar 2026 | 11:01 AM | +₹0 | ₹146 | ₹146 | — |
| 11 Mar 2026 | 04:58 PM | +₹0 | ₹146 | ₹146 | — |
| 10 Mar 2026 | 05:01 PM | +₹0 | ₹146 | ₹146 | — |
What happened to IPOs like this one
The closest matches from 95 past IPOs we have tracked to listing, ranked mainly on how heavily each was applied for. Of these 6, the typical listing was -0.5% and 3 listed below the issue price.
| IPO | Applied for | Issue | Listed at |
|---|---|---|---|
| Utkal Speciality Industries India Limited SME IPO SME | 1.57x | ₹66 | +0% |
| M R Maniveni Foods Limited SME IPO SME | 1.51x | ₹52 | -18.2% |
| Tipco Engineering India Limited IPO SME | 1.7x | ₹89 | +0.3% |
| Striders Impex IPO SME | 1.33x | ₹71 | -1.4% |
| Elfin Agro India IPO SME | 1.35x | ₹47 | +0.6% |
| NFP Sampoorna Foods SME IPO SME | 1.26x | ₹55 | -0.9% |
These are counts of what happened before, not a forecast. A handful of past IPOs cannot tell you what this one will do, which is why the number of matches is shown rather than hidden.
Frequently Asked Questions
What is Novus Loyalty IPO GMP today?▾
Novus Loyalty IPO GMP today is +₹0. That points to a listing around ₹60, 0% above the issue price. We refresh this hourly.
What is the expected listing price of Novus Loyalty IPO?▾
Going by the current grey market premium, Novus Loyalty IPO would list near ₹60 against an issue price of ₹60. GMP is a sentiment indicator, not a promise — see our published accuracy record.
What is the lot size and minimum investment for Novus Loyalty IPO?▾
One lot of Novus Loyalty IPO is 000 shares. At the ₹60 issue price that is about ₹0 for a single retail application.
When does Novus Loyalty IPO close and list?▾
Bidding closes on 20 March 2026 and the shares are expected to list on 25 March 2026. Applications must be in before 5 PM on the closing day.
How has Novus Loyalty IPO GMP moved?▾
Across the 13 sessions we have tracked, Novus Loyalty IPO GMP has ranged between ₹0 and ₹0, and is currently holding steady. The full session-by-session history is on this page.
How many times was Novus Loyalty IPO subscribed?▾
Novus Loyalty IPO has been subscribed 1.55 times overall. Figures update through the bidding window.
Did GMP correctly predict the Novus Loyalty IPO listing price?▾
GMP pointed to ₹60 (0%). Novus Loyalty IPO actually listed at ₹146 (143.3%) — off by 143.3 percentage points. We publish our full GMP accuracy record rather than only the wins.
Where can I check Novus Loyalty IPO allotment status?▾
Novus Loyalty IPO allotment is handled by KFin Technologies. You can check using your PAN or application number on the registrar's site once allotment is finalised.
Is Novus Loyalty IPO a good investment?▾
We do not give buy or sell advice. What we can show you is evidence: how heavily this issue is actually being applied for, your realistic chance of getting shares, and what happened to past IPOs that looked like this one. Read those alongside the company's own financials and prospectus, and decide for yourself.
🛡️Regulatory Note: The grey market is not regulated by SEBI, NSE, or BSE. GMP data on ForgeUp is from informal sources for informational purposes only. ForgeUp.in does not facilitate or promote any grey market activity. Consult a SEBI-registered investment advisor before investing.
Important Disclaimer: Grey Market Premium (GMP) data on ForgeUp.in is sourced from grey market dealers and informal channels. Published for informational purposes only and does not constitute investment advice. GMP is not guaranteed to reflect actual listing prices. ForgeUp.in is not liable for investment decisions based on GMP data.