BSENovus Loyalty LtdMediumNeutral
Announced Thu, 28 May · 11:44 IST

03 31 2026

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹140.95
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.2+1.5-2.1-3.2+2.2+2.9+4.2+3.6
Up moveDown movePending
AI summary

Novus Loyalty Limited reported half-year revenue of Rs. 56.01 crore (vs full-year Rs. 104.62 crore in FY25). Net profit for the period was Rs. 3.90 crore. The company completed a major IPO in March 2026, listing on BSE on March 25, 2026 — raising Rs. 4,818 lakh through 33 lakh shares at Rs. 146 per share (Rs. 10 face value + Rs. 136 premium). A bonus issue of 1.22 crore shares (1200:1 ratio) was also completed, increasing equity capital to Rs. 15.55 crore. Unutilized IPO proceeds of Rs. 4,306.54 lakh remain in fixed deposits. The auditor issued a clean, unmodified opinion with no going concern issues. A GST demand of Rs. 62.07 lakh for FY 2021-22 is pending appeal.

Likely market impact

The IPO listing and bonus issue significantly expanded the company's capital base. The pending GST dispute (Rs. 62 lakh) is a minor contingent liability relative to total assets of Rs. 72.37 crore. Positive cash flow from operations (Rs. 19.57 crore) supports financial stability.