Ardee Industries IPO Lists Today: 27% Premium on BSE/NSE
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Key Highlights
Ardee Industries IPO lists today, August 12, 2026, on BSE & NSE. Grey Market Premium (GMP) signals a strong 27.36% premium, with high subscription rates across investor categories.
Ardee Industries listed today, August 12, 2026, at 10:00 IST on and . The (GMP) for Ardee Industries IPO was +14.5, indicating an estimated listing price of ₹67.5 per share. This suggested a 27.36% premium over the IPO price of ₹53.
IPO Details
The IPO, which was open for subscription from August 5 to August 7, saw significant oversubscription across investor categories. Demand was particularly high from institutional and non-institutional investors.
- (QIBs) subscribed 197.77 times.
- Non-Institutional Investors (NIIs) subscribed 255.24 times.
- investors subscribed 45.71 times.
Issue Structure and Fund Use
The Ardee Industries IPO comprised both a fresh issue and an Offer For Sale (). Sandeep Aggarwal and Nikunj Aggarwal were part of the OFS component.
- : ₹320 crore.
- Offer For Sale (OFS): 1.99 crore equity shares.
The company plans to allocate ₹220 crore from the fresh issue towards working capital requirements. Additionally, ₹20 crore from the fresh issue is earmarked for debt repayment. Pantomath Capital Advisors Pvt. Ltd. served as the book-running lead manager, with KFin Technologies Ltd. acting as the registrar for the IPO.