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The Economic Times
The Economic Times
Ritesh Presswala

Ardee Industries IPO opens today: GMP signals 15% listing premium; check price band, dates and key details

Ardee Industries IPO

The Rs 425.87 crore Ardee Industries IPO will open for subscription today, August 5, with strong buzz in the grey market indicating healthy investor appetite ahead of the issue.

The IPO is currently commanding a 15% grey market premium (GMP) over its upper price band of Rs 53 per share, raising expectations of a positive stock market debut if the momentum sustains.

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