Ardee Industries IPO allotment is expected today, August 10, with the issue witnessing 133.66 times subscription. The IPOs GMP of Rs 16 indicates a potential 30% listing gain, with shares expected to debut on the BSE and NSE on August 12.

Ardee Industries' ₹426-crore IPO was subscribed 98.07 times, driven by strong NII, QIB and retail demand on the final day.

Ardee Industries IPO allotment is expected today, August 10, with the issue witnessing 133.66 times subscription. The IPOs GMP of Rs 16 indicates a potential 30% listing gain,…