New Delhi, Feb. 2 -- Accretion Nutraveda IPO allotment: The initial public offering (IPO) of Accretion Nutraveda, which closed for bidding last week, is slated to announce the allotment status for its share sale.

Accretion Nutraveda IPO was open for bidding from January 28 to January 30. The allotment date for the SME offer is today, February 4. The IPO was oversubscribed by 1.83 times on the final day of the offer, with the qualified institutional buyer quota booked 1.01 times, the non-institutional investor (NII) segment 2.08 times and the retail investor portion 2.19 times.

Accretion Nutraveda IPO was a fresh issue worth Rs.24.77 crore, with no offer for sale component. The shares of the IPO were priced at Rs.122 to Rs.129 apiece.

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