Nova Agritech Share Price

Nova Agritech Limited was incorporated as 'Nova Agritech Private Limited' on May 09, 2007 with the RoC, Hyderabad. Later on, Company converted to a Public Company and name was changed to Nova Agritech Limited on September 24, 2018 obttained from RoC, Hyderabad. The Company is a leading agri-input manufacturer, offering innovative solutions in soil health management, crop nutrition, and crop protection products. The Company manufacture, distribute and market product categories consisting of soil health management products; crop nutrition products; bio stimulant products; bio pesticide products, Integrated Pest Management products; new technologies; and crop protection products. Currently, the crop protection products are manufactured by subsidiary Nova Agri Sciences Private Limited. The Company's business was started by the founder Promoter, Sambasivarao Yeluri and Kalyana Chakravarthy. The Company was incorporated in 2007 to provide plant nutrition and plant protection products for specialty agricultural, horticultural and home garden market to be used in agricultural industry. Currently, the Company is engaged in the business of Manufacturing and supplying of bio-fertilizers, bio-pesticides, bio-fungicides, plant growth promoters, micro and macro nutrients that are recognized as ideal organic products, commercially viable for organic farming. In 2010, the Company expanded business in the states of Karnataka & Tamil Nadu and later in 2012, expanded to Madhya Pradesh, Chhattisgarh and Maharashtra. It completed construction of manufacturing facility at Telangana in 2014. In year 2017, it acquired the manufacturing unit of Nova Agri Sciences Pvt. Ltd and Nova Agri Seeds India Pvt. Ltd. and established them as subsidiaries to expand scope of product and market reach. Through its subsidiaries, it got into manufacturing and marketing of Agricultural Bio Products, Organics Manures and Micro Nutrients. The Company launched beneficial element fertilizers 'V-Lock ' in the market since year 2020. In 2022, the Company introduced fertilizer and pesticide spraying drones 'Nova Agribot' and soil health scanning device 'Bhu-Parikshak' to market and then, launched beneficial element fertilizers 'HY-Clean' in the market. It further expanded the business through C&F agents in the States of Gujrat,Jammu & Kashmir, Tamil Nadu, Uttarakhand, Uttar Pradesh and West Bengal. In January 2024, the Company came up with an Initial Public Offer of 3,50,75,693 Equity Shares by raising equity capital from public aggregating to Rs 143.81 Crore consisting a Fresh Issue of 2,73,17,073 Equity Shares aggregating Rs 112 Crore and an Offer for Sale of 77,58,620 Equity Shares aggregating Rs 31.81 Crore. The Formulation Plant commissioned in Telangana from 7th July 2025, marking the commencement of production in FY25.