Ardee Industries IPO Day 3 LIVE: GMP, subscription status to review. Apply or not?
New Delhi, Aug. 7 -- Ardee Industries IPO Day 3 LIVE: The initial public offering (IPO) of Ardee Industries Ltd hit the Indian primary market on 5 August 2026. The public issue proposed for listing on the BSE and the NSE will remain open until 7th August 2026. So, investors have just one day to apply for the book-building issue. The company management has offered Ardee Industries shares at a price band of Rs.50 to Rs.53 per equity share.
The company aims to raise Rs.426 crore, which means the Ardee Industries IPO size is Rs.426 crore. The public issue is a mix of fresh shares and Offer for Sale (OFS). The company aims to raise Rs.320 crore through the issuance of fresh shares, while the remaining Rs.106 crore is reserved for the OFS. Mea...
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