New Delhi, Aug. 12 -- Ardee Industries' share price debuted on a positive note on Wednesday, 12 August, listing at a 39% premium on the BSE and a 36% premium on the NSE.

Ardee Industries shares were listed at Rs.73.60 on the BSE, a 38.87% premium over the issue price of Rs.53. On the NSE, the stock was listed at Rs.72, up 35.85% from the issue price.

However, the stock saw some profit-booking soon after listing, dragging it down to Rs.68.07 on the BSE and Rs.68.11 on the NSE.

According to grey market sources, the stock's healthy listing exceeded expectations, with the grey market premium (GMP) on Ardee Industries shares at its highest level of Rs.17 on Wednesday morning, indicating the stock could list at a 32% premium.

Ardee Industri...