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Ardee Industries IPO subscribed about 135 times as allotment nears
Grey market premium rose to ₹15 from ₹7 three days earlier, while the allotment could be published today or delayed to Monday.
Ardee Industries Ltds IPO bidding ended on 7 August 2026 after the public issue received a strong response, with subscriptions totaling about 135 times across the three bidding days from 5 to 7 August, according to LiveMint Markets.
The focus has now shifted to the IPO allotment date, which is expected to be declared either on 8 August 2026 or, if finalization is delayed by the weekend, on Monday.
LiveMint Markets said Investorgain data put the company shares at a ₹15 grey market premium on the day of the update, up from ₹7 three days earlier. Market observers attributed the more than 100% increase to positive sentiment in the secondary market alongside the strong subscription level.
The issue is proposed to list on the BSE and NSE, with the most likely listing date cited as 14 August 2026. Applicants can check allotment status online through the BSE or the IPO registrar KFin Technologies via the links provided by LiveMint Markets.