New Delhi, Aug. 4 -- Ardee Industries, a leading player in the secondary metals and circular economy sectors, has raised Rs.127.75 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on Wednesday, August 5, 2026.

The company informed the exchanges that it allocated 2,41,05,584 equity shares to anchor investors at Rs.53 per share.

The anchor book saw participation from a diverse set of investors, including Bank of India Small Cap Fund, Ashish Kacholia-led Bengal Finance & Investment Pvt Ltd, Rohit Kothari-led Winro Commercial (India) Limited, The Wealth Company Alternates Trust - Bharat Value Fund, India Max Investment Fund Limited, Sundar Iyer-led Cognizant Capital Dynamic Opportun...