Novateor Research Laboratories Ltd (Smiloshine IPO)
ListedSMEEmerging SME Services · BSE
Novateor Research Laboratories Ltd, incorporated in 2011, focuses on developing innovative personal care products and is best known for its teeth whitening range sold under the brand name SmiloShine. Their product lineup includes Whitening Toothbrushes, Teeth Whitening Charcoal Gel Strips, and Teeth Whitening Strips. The company’s manufacturing facility is located in Sanand Taluka, Ahmedabad District, and operates through a semi-automated process that helps reduce manual labor and material wastage. Currently, Novateor’s products are available in Gujarat and Maharashtra, but they also sell online through platforms like Amazon, Flipkart, and Nykaa. The company plans to expand its reach by partnering with distributors, dentists, and modern retail outlets to enhance its marketing and branding efforts. Novateor offers three variants of teeth whitening strips and aims to expand into healthcare, specialty pharma, and cosmetic products in the future. Their primary customer base includes well-trained dentists who support and recommend their offerings.
Price Band
₹24
Issue Size
₹4.49 Cr
Lot Size
6000 shares
GMP
—
Est. Listing
₹24
at current GMP
Subscribed
—
Open
30 Aug 2019
Close
4 Sep 2019
Allotment
10 Sep 2019
Refund
11 Sep 2019
Demat Credit
12 Sep 2019
Listing
13 Sep 2019
Last updated 12 days ago
Official Registrar Verification
Novateor Research Laboratories Ltd (Smiloshine IPO) Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
10 Sep 2019
Basis finalization
Refunds Initiate
11 Sep 2019
Mandate release
Demat Credit
12 Sep 2019
Shares in demat
Listing Debut
13 Sep 2019
Trading begins
How to Check Novateor Research Laboratories Ltd (Smiloshine IPO) IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Novateor Research Laboratories Ltd (Smiloshine IPO) from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Novateor Research Laboratories Ltd (Smiloshine IPO) Public Issue & Market Profile
Novateor Research Laboratories Ltd (Smiloshine IPO) is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹4.49 Crores. The shares are offered at a price band of ₹24 to ₹24 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-09-12, while un-allotted funds or UPI block mandates will be released on 2019-09-11.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.