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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 935,417 | — | 0.00x |
| Non-Institutional (NII / HNI) | 280,625 | — | 0.00x |
| Retail Individual (RII) | 654,792 | — | 0.00x |
| Total | 1,870,834 | 0 | 0.00x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 109 | 109 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 3 | 3 | 1.00x |
| Total Applications | 113 | 113 | 1.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Novateor Research Laboratories Ltd (Smiloshine IPO) IPO GMP today?
Currently, Novateor Research Laboratories Ltd (Smiloshine IPO) IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹24 to ₹24 per equity share.
What is the expected profit per lot for Novateor Research Laboratories Ltd (Smiloshine IPO) IPO?
The retail lot size is 6000 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹24 per equity share.
What is the issue size and price band for Novateor Research Laboratories Ltd (Smiloshine IPO) IPO?
The Novateor Research Laboratories Ltd (Smiloshine IPO) IPO aggregate issue size is ₹4.49 Crores with an equity price band set at ₹24 to ₹24 per equity share. The retail lot size is 6000 shares requiring a minimum capital outlay of approx. ₹1,44,000.
How can I check Novateor Research Laboratories Ltd (Smiloshine IPO) IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Novateor Research Laboratories Ltd (Smiloshine IPO) IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2019-09-10. Investors can verify status using PAN card or application number.
When is the listing date for Novateor Research Laboratories Ltd (Smiloshine IPO) IPO?
Novateor Research Laboratories Ltd (Smiloshine IPO) shares are scheduled to list on BSE on 2019-09-13.