New Delhi, Aug. 4 -- Aaradhya Disposal IPO in focus today: The IPO of Aaradhya Disposal, which opened for bidding on Monday, August 04, saw a muted investors' interest, with the issue being subscribed 0.35 times at the end of the end Day 01, according to exchange data.

The retail investor segment was subscribed 0.35 times, while the non-institutional investor (NII) category also saw a 0.26 times subscription. The Qualified Institutional Buyer portion was booked at 1.17 times.

The company proposes to utilize the net proceeds from the issue towards working capital requirements to fund the expansion plan of the company, i.e., capital expenditure towards the purchase of plant and machinery and civil work, prepayment of term loans to banks, ...