New Delhi, July 2 -- Share allotment of Adon Agro Commodities IPO, which opened on Monday, 29 June, and concluded on Wednesday, 1 July, is expected to be finalised today, i.e., Thursday, 2 July.

The BSE SME IPO saw a tepid response from investors as the issue witnessed an overall subscription of nearly 1.4 times, with the QIB portion booked by 22.5 times. The segment reserved for NIIs saw a subscription of 1.4 times.

As the company is expected to finalise share allotment on Thursday, successful bidders can expect the shares to be credited to their demat accounts on Friday, 3 July, while unsuccessful bidders will likely receive refunds on the same day. The stock is scheduled for a debut on the BSE SME on Monday, 6 July.

Adon Agro Commod...