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.
Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond