Ardee Industries IPO Day 3: Issue booked 134 times on strong NII, QIB push. Check GMP and other details

Ardee Industries IPO received robust investor demand on its final day. The issue was subscribed nearly 134 times, indicating strong market interest. Grey market premium suggests a potential listing gain of twenty-seven percent. Proceeds will fund working capital and debt repayment initiatives. The company operates in lead recycling and non-ferrous metals sectors.

More To Explore

Lupin Q1 PAT rises 16 pc at Rs 1,417 cr

Lupin Ltd has reported a remarkable sixteen percent surge in profit after tax for the first quarter, showcasing their continued success. The firm experienced considerable