Ardee Industries Ltd IPO Day 1 Subscriptions details: check bidding details

Ardee Industries Ltd IPO day 1 subscription details:

The initial public offering of Ardee Industries Ltd ended the first day with investors bidding 0.81 the available shares on offer worth 425.87. The retail investor portion of the IPO was subscribed 1.10 times the available shares on offer. Retail investors have 50.31% of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers' (QIB) portion of the 2.94% got bids for 0.09 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 1.10 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here's a snapshot of the subscription details:

Ardee Industries Ltd IPO details :

Ardee Industries Ltd's IPO consists of an offer for sale of 105.87 shares and a fresh issue of ₹320.00. The IPO’s price band is ₹50 – ₹53 per share. The company’s shares will be listed on BSE, NSE on 12 Aug 26.

Here are the key details of Ardee Industries Ltd IPO

Offer for sale: 105.87 shares

Fresh issue: 320.00

Price Band: ₹50 – ₹53 per share

Bid open dates: 05 Aug 26

Allotment date: 10 Aug 26

Listing date: 12 Aug 26

Check our Upcoming IPO section for new listings. Open a free demat account online with m.Stock.