Ardee Industries made a strong stock market debut, with shares listing at a 38.87% premium on the BSE and 35.85% on the NSE. The listing surpassed grey market expectations after the Rs 425.87 crore IPO received an overwhelming 133.66 times subscription, led by strong demand from institutional and non-institutional investors.

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,…

Ardee Industries made a strong stock market debut, with shares listing at a 38.87% premium on the BSE and 35.85% on the NSE. The listing surpassed grey market expectations after…