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Ardee Industries IPO Day 2: GMP at 29%; issue subscribed 3.08 times so far. Should you subscribe?

On the first day of bidding, the IPO was subscribed 3.08 times, with bids received for more than 17.98 crore shares against the 5.84 crore shares on offer. Retail investors showed strong enthusiasm, with their portion oversubscribed 3.22 times against the 2.93 crore shares reserved for the segment.

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Economic TimesLean R·2h ago
Ardee Industries IPO Day 2: GMP at 29%; issue subscribed 3.08 times so far. Should you subscribe?
On the first day of bidding, the IPO was subscribed 3.08 times, with bids received for more than 17.98 crore shares against the 5.84 crore shares on offer. Retail investors showed strong enthusiasm, with their portion oversubscribed 3.22 times against the 2.93 crore shares reserved for the segment.
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Ardee Industries IPO Day 2: GMP at 29%; issue subscribed 3.08 times so far. Should you subscribe?

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Ardee Industries IPO Day 2: GMP at 29%; issue subscribed 3.08 times so far. Should you subscribe?

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