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Ardee Industries IPO Day 3: Issue booked 134 times on strong NII, QIB push. Check GMP and other details

FinSiddhi

Ardee Industries IPO received robust investor demand on its final day. The issue was subscribed nearly 134 times, indicating strong market interest. Grey market premium suggests a potential listing gain of twenty-seven percent. Proceeds will fund working capital and debt repayment initiatives. The company operates in lead recycling and non-ferrous metals sectors.
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