Ardee Industries Limited IPO subscribed 11.19x on day 2 — very strong response

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Ardee Industries Limited is subscribed 11.19 times overall on day 2 of bidding, with QIB 1.22x, NII 24.49x, retail 11.07x. Figures are official exchange data. Subscription measures demand for the issue, not how it will list.

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Ardee Industries Limited IPO subscribed 11.19x on day 2 — very strong response | UpcomingIPO