Nova AgriTech IPO: Overview, Financials, and Evaluation

Skfinowings15 Jan, 2024Finance

Explore Nova AgriTech Limited IPO details, including financials, strengths, weaknesses, and comparison with peers. Stay updated on opening, closing dates, and issue size Nova AgriTech's financials reveal a steady growth trajectory, with total assets reaching Rs. 196.37 Crore as of September 30, FY 23. The company's revenue distribution across states highlights its significant presence in Telangana. The IPO proceeds aim to fund establishing a new formulation plant, expand the current formulation plant, support working capital needs, and contribute to general corporate purposes.

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