Novus Commitment Introduces IPO, Preliminary Subscription at 14 %
Novus Commitment, a technology-led loyalty remedies supplier considering that 2011, launched its IPO on March 17, looking for to increase 60 crore on the BSE SME platform.
* The IPO includes a fresh issue of shares worth 48 18 crore and an offer for sale of 11 97 crore.
* The cost band is evaluated 139– 146 per share, with a minimum lot dimension of 2, 000 shares.
* The IPO was 14 % subscribed on day one, with solid rate of interest from private investors.
* 16 5 crore was protected from support financiers.
* Listing is expected on March 25
