Msafe Equipments IPO Subscribed 154 Times; Accretion Nutraveda, Kanishk Aluminium Also Sail Through

• Msafe Equipments' IPO closed with a massive 153.98-times subscription, driven by strong demand across all investor categories.
• Non-institutional investors subscribed 222.82 times, retail investors 133.16 times, and QIBs 117.97 times for Msafe Equipments.
• Accretion Nutraveda's IPO was subscribed 1.77 times, with retail investors leading the demand.
• Kanishk Aluminium India's public issue achieved full subscription at 1.04 times on its final day.
• All three companies will finalize share allotments by February 2 and list on the BSE SME platform on February 4.

Why It Matters: Msafe Equipments IPO saw overwhelming demand, while Accretion Nutraveda and Kanishk Aluminium also successfully closed.