By the close of the second day, the public issue had been subscribed 14.16 times, with bids received for significantly more than the 5.84 crore shares available. Retail investors remained particularly enthusiastic, subscribing to their reserved portion 14.33 times against the 2.93 crore shares allocated for the segment.

The company has fixed the price band at Rs 50–53 per share, offering investors an opportunity to participate in a business focused on lead recycling and non-ferrous metals, a…

Brokerages favor Ardee Industries' IPO, citing strong fundamentals and growth potential despite some valuation concerns.