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15 Days Price Change

Nova Agritech IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 39  to  41 per share
Profile
Min Investment ₹41
Profile
Lot Size 1
Profile
Face Value ₹2
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Nova AgriTech Ltd is a cutting-edge agricultural technology company at the forefront of sustainable farming solutions. Specializing in precision agriculture, Nova AgriTech harnesses the power of advanced technologies such as data analytics, artificial intelligence, and sensor technology to optimize crop management and resource utilization. The company offers a comprehensive suite of products and services, including smart irrigation systems, crop monitoring platforms, and predictive analytics tools. Nova AgriTech is committed to revolutionizing the agricultural industry by promoting eco-friendly practices, increasing crop yields, and ensuring food security. With a focus on innovation and environmental stewardship, Nova AgriTech is paving the way for a more efficient and sustainable future in agriculture. Read More

Basic Info

Face Value 2 per share

Price 39  to  41 per share

P/E (x) 13.2

Sales( Cr.) 294

PAT( Cr.) 27

EPS 3.1

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Suraksha Agri Retails (India) Private Limited Malathi S Kiran Kumar Atukuri.

Pre Issue Share Holding 100%

Post Issue Share Holding 62.96%

Listing Details:

Listing Price: 56

Listing Gain: 26.79%

Current Price: 28.1

Gain On Issue: 28.1 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jan 23, 2024
Closing Date Jan 25, 2024
Allotment Jan 26, 2024
Refund Jan 29, 2024
Delivery of Shares Jan 29, 2024
Listing Date Jan 30, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 365 14,965
Retail (Max) 13 4745 194,545
S-HNI (Min) 14 5110 209,510
S-HNI (Max) 66 24090 987,690
B-HNI (Min) 67 24455 1,002,655

Objective of the Issue

1. Investment in the subsidiary, Nova Agri Sciences Private Limited for setting-up a new formulation plant. 2. Funding Capital Expenditure in the Company, towards expansion of the existing formulation plant. 3. Funding of working capital requirements of the company. 4. Investment in the subsidiary, Nova Agri Sciences Private Limited, for funding working capital requirements. 5. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 17537847 1422845527 81.1x
NII 5261354 1226053323 233x
Retail 12276493 984574739 80.2x
EMP 0 0 0x
Total 35075693 3970919205 113.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Nova Agritech Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 116 131 127 161 186 211 252 294
Other Income 0 0 0 0 0 0 0 2
Total Income 116 131 127 161 186 211 253 297
Total Expenditure 100 118 113 142 158 172 208 251
Operating Profit 15 13 14 18 28 39 44 45
Interest 3 4 6 8 7 9 9 5
Depreciation 3 2 2 2 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0
Profit Before Tax 10 7 5 9 18 28 33 38
Provision for Tax 3 3 2 2 5 8 5 11
Profit After Tax 6 5 3 6 14 20 28 27
Adjustments 0 0 0 0 0 0 0 0
Profit After Adjustments 6 5 3 6 14 20 28 27
Adjusted Earnings Per Share 1 0.8 0.5 1 2.2 3.3 3.1 3

Nova Agritech Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 22 27 23 29 43 64 193 220
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 5 6 15 18 24 16 8 3
Other Non-Current Liabilities 1 3 1 1 -3 -3 -7 -6
Total Current Liabilities 69 82 89 95 92 99 96 111
Total Liabilities 97 118 128 144 156 176 289 329
Fixed Assets 15 17 16 17 18 17 16 16
Other Non-Current Assets 4 3 1 1 1 1 2 19
Total Current Assets 77 99 111 126 137 158 272 294
Total Assets 97 118 128 144 156 176 289 329

Nova Agritech Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 2 3 63
Cash Flow from Operating Activities 3 3 -9 5 2 6 1 -18
Cash Flow from Investing Activities -6 -3 -1 -3 -4 -2 -23 -26
Cash Flow from Financing Activities 3 -1 10 -2 3 -2 82 -12
Net Cash Inflow / Outflow -0 0 -0 0 1 2 59 -57
Closing Cash & Cash Equivalent 0 0 0 0 2 3 63 6

Nova Agritech Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.02 0.78 0.48 1 2.18 3.27 3.06 2.96
CEPS(Rs) 1.42 1.15 0.85 1.35 2.54 3.64 3.27 3.16
DPS(Rs) 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 3.51 4.29 3.65 4.69 6.89 10.19 20.87 23.76
Core EBITDA Margin(%) 13.15 10.14 10.74 11.31 15.01 18.5 17.55 14.51
EBIT Margin(%) 11.06 8.37 8.91 10.15 13.82 17.56 16.79 14.73
Pre Tax Margin(%) 8.39 5.68 3.84 5.4 9.94 13.38 13.21 12.95
PAT Margin (%) 5.53 3.74 2.35 3.92 7.38 9.73 11.21 9.32
Cash Profit Margin (%) 7.69 5.52 4.2 5.26 8.57 10.85 11.99 9.94
ROA(%) 6.6 4.54 2.65 4.63 9.13 12.33 12.16 8.87
ROE(%) 29.04 19.98 13.27 24.08 37.7 38.27 22.03 13.28
ROCE(%) 24.55 19.97 18.64 21.82 27.29 30.51 21.79 16.39
Receivable days 132.15 137.84 163.25 177.67 174.99 172.19 165.61 188.51
Inventory Days 107.78 101.92 103 82.65 71.01 68.06 65.99 70.61
Payable days 206.85 212.57 220.03 167.58 126.74 89.88 62.04 64.76
PER(x) 0 0 0 0 0 0 16.53 14.41
Price/Book(x) 0 0 0 0 0 0 2.42 1.8
Dividend Yield(%) 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.37 0.33 0.46 0.39 0.4 0.38 1.76 1.43
EV/Core EBITDA(x) 2.77 3.23 4.3 3.43 2.7 2.04 10.01 9.31
Net Sales Growth(%) 0 13.06 9.5 26.83 15.53 13.45 19.91 16.5
EBIT Growth(%) 0 -14.42 -11.79 44.51 57.32 44.09 14.67 2.22
PAT Growth(%) 0 -23.57 -53.4 111.44 117.29 49.68 38.16 -3.13
EPS Growth(%) 0 -23.57 -39.03 111.44 117.29 49.67 -6.37 -3.13
Debt/Equity(x) 1.37 1.14 2.01 1.74 1.49 1.11 0.32 0.25
Current Ratio(x) 1.12 1.2 1.25 1.32 1.5 1.6 2.85 2.63
Quick Ratio(x) 0.63 0.73 0.83 0.95 1.09 1.18 2.33 2.06
Interest Cover(x) 4.14 3.12 1.76 2.14 3.56 4.2 4.7 8.25
Total Debt/Mcap(x) 0 0 0 0 0 0 0.13 0.14

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 16% 18% 0%
Operating Profit CAGR 2% 17% 26% 0%
PAT CAGR -4% 24% 55% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -42% NA% NA% NA%
ROE Average 13% 25% 27% 25%
ROCE Average 16% 23% 24% 23%

Company Contact Information

Nova Agritech Ltd.

Sy. No.251/ A/1., Singannaguda Village Mulugu Mandal Medak

IPO Lead Manager(s)

Nova Agritech Ltd.

Keynote Financial Services Ltd

Bajaj Capital Limited

Registrar Info

Nova Agritech Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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