Ardee Industries Limited IPO subscribed 2.51x on day 1 — strong response

Ardee Industries Limited is subscribed 2.51 times overall on day 1 of bidding, with QIB 1.1x, NII 4.34x, retail 2.52x. 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 2.51x on day 1 — strong response | UpcomingIPO