GMP · subscription · track record

Ardee Industries IPO

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Mean GMP
Worth a look

GMP is an informal figure from outside SEBI's framework. Not investment advice.

About this issue

Ardee Industries listed at +35.8% against its issue price of ₹53. The book is 138.83 times subscribed overall. The grey market premium is +₹17 (+32.1%), which is an informal figure and not a quoted price. Our call is Apply, on 89% of our checks.

Segment
Mainboard
Price
₹53
Lot size
281 shares
One lot costs
₹14,893
Issue size
₹426 Cr
Grey market premium
+₹17 (+32.1%)
Subscribed
138.83x
Listed at
+35.8%
Our call
Apply

What we checked

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