The Rs 425.87 crore Ardee Industries IPO will open for subscription on August 5, with a grey market premium of 13% signalling positive listing expectations. The lead recycling and non-ferrous metals company plans to use the proceeds for working capital, debt repayment and general corporate purposes amid strong recent financial growth.
The Rs 425.87 crore Ardee Industries IPO will open for subscription on August 5, with a grey market premium of 13% signalling positive listing expectations. The lead recycling and non-ferrous metals company plans to use the proceeds for working capital, debt repayment and general corporate purposes amid strong recent financial growth.
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