IPO Watch- Ardee Industries IPO GMP starts trading in the grey market, urging readers to check the GMP today.
- GMP made a high of ₹313 on 30th July and a low of ₹313 on 29th July.
- The price band is ₹350 to ₹353 per share with a market lot of 281 shares, and the issue size is about ₹3425.87 crores.
- As of today, Ardee Industries IPO GMP is ₹313, implying expected returns of 24.53%.
- The IPO will close on August 7, 2026 and list on BSE, NSE on August 12, 2026.
- Key IPO dates include basis of allotment on August 10, 2026, and refunds and demat credit on August 11, 2026.
Ardee Industries' IPO is generating significant interest, with a Grey Market Premium (GMP) of ₹313 as of today. The IPO is priced between ₹350-₹353 and is expected to close on August 7, 2026, with anticipated returns of 24.53%.12678
The IPO aims to raise approximately ₹426 crores, making it a notable entry in the market. The GMP has shown fluctuations, reaching a high of ₹13 on July 30 and a low of ₹5 on July 29, indicating a volatile interest in the offering.
Investors are keenly watching the IPO listing, scheduled for August 12, 2026, with the basis of allotment set for August 10. Refunds will be processed by August 11, and credits to demat accounts will also occur on the same day. The IPO will be listed on both the BSE and NSE exchanges, further broadening its reach.
With a market lot of 281 shares, the offering is positioned to attract a diverse range of investors, from retail to institutional, as they seek to capitalize on the expected returns and market performance.
“The ₹3425.87-crore issue carries a market lot of 281 shares and has drawn grey-market tracking since before the IPO announcement. Allotment is scheduled for August 10, with refunds and demat credit on August 11 ahead of the August 12 BSE/NSE listing.”
