Accretion Nutraveda Limited IPO
Accretion Nutraveda Limited was originally incorporated on March 16, 2021. The Company is engaged in the manufacturing of Ayurvedic and nutraceutical products across multiple dosage forms, combining classical Ayurvedic principles with modern nutraceutical science. Accretion Nutraveda primarily operates as a contract manufacturer, catering to clients in India and export markets such as Sri Lanka, Singapore, and the United States.
Product Portfolio
Accretion Nutraveda offers a diversified range of dosage forms, including:
i) Tablets (film-coated, chewable, uncoated) for liver care, gynaecological care, bone and joint health, and respiratory support
ii) Capsules (hard gelatin and HPMC) for detoxification, women’s health, cognitive support, immunity, and wellness
iii) Oral Liquids such as syrups, suspensions, tonics, and decoctions (kadhas) suited for paediatric and geriatric use
iv) Oral Powders / Churans for digestive health and nutrition
v) Ayurvedic Oils for musculoskeletal, dermatological, and hair care applications
vi) External Preparations including balms, ointments, creams, and gels for pain relief, skin care, and hair care
Business Verticals and Revenue Model
The Company operates through two primary sales streams:
1. Domestic Sales and Merchant Exports (Loan License Basis) – the dominant revenue contributor
2. Direct Export Sales – a growing segment contributing to international expansion
In FY 2024–25, domestic and merchant exports accounted for 96.62% of revenue, while direct exports contributed 3.38%.
Key Strengths
i) Experienced promoters and management team with healthcare and nutraceutical expertise
ii) Diverse portfolio covering over 72 formulations across multiple dosage forms
iii) Strong quality assurance and regulatory compliance framework
iv) Scalable CDMO business model with domestic and export capabilities
v) Established relationships with customers and suppliers
Objects of the Accretion Nutraveda Limited IPO:
Accretion Nutraveda Limited IPO Details:
| Open Date: | Jan 28 2026 |
| Close Date: | Jan 30 2026 |
| Total Shares: | 19,20,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Book Building |
| Issue Size: | 25 Cr. |
| Lot Size: | 1000 Shares |
| Issue Price: | ₹ 122-129 Per Equity Share |
| Listing At: | BSE SME |
| Listing Date: | Feb 04 2026 |
Promoters And Management:
Financials of Accretion Nutraveda Limited IPO:
| Particulars | 6M FY2025-26 | FY 2024-25 | FY 2023-2024 | FY 2022-2023 |
| Revenue from Operations (Cr) | 14 | 16 | 5 | 3 |
| EBITDA (Cr) | 3 | 4 | 1 | 0.6 |
| EBITDA Margins | 23% | 23% | 24% | 20% |
| PAT (Cr) | 2 | 3 | 0.8 | 0.28 |
| PAT Margins | 17% | 16% | 16% | 10% |
| ROCE | 49% | 37% | 29% | 12% |
| OPerating Cash Flow (Cr) | -0.88 | -2.21 | 0.23 | 0.68 |
| Debt to Equity Ratio(In Times) | 0.5 | 0.72 | 2 | 7.5 |
Comparison With Peers:
| Companies | Revenue (in cr) | EBITDA Margins | PAT | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
| Accretion Nutraveda Limited | 16 | 23% | 3 | 16% | 37% | 0.72 | 93.40 | 31.13 |
| Walpar Nutritions Ltd. | 72 | 8% | 2.88 | 4% | 16% | 0.48 | 50 | 19.30 |
| Influx Healthtec h Limited | 105 | 20% | 13.02 | 12.4% | 60.0% | 0 | 472 | 26.7 |
| NOTE:Forward P/E 23.35 is According to FY 2026 PAT | ||||||||
Lead Manager of Accretion Nutraveda Limited IPO:
Registrar of Accretion Nutraveda Limited IPO:
Discussion on Accretion Nutraveda Limited IPO:
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