Ardee Industries IPO subscribed 98.07 times as NII demand crosses 233 times

· thehindubusinessline.com

Ardee Industries' ₹426-crore IPO was subscribed 98.07 times, driven by strong NII, QIB and retail demand on the final day.

Ardee Industries IPO was subscribed 98.07 times overall as of 3.09 pm with a couple of hours left before the issue closed.

The qualified institutional buyers (...


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