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Ardee Industries

Ardee Industries Subscription Status

LISTEDCloses: Aug 7

The Ardee Industries IPO is currently subscribed 133.31x overall. Below is the live breakdown of demand across different investor categories.

Total Subscription

133.31x

Retail Demand (RII)

0.00x

Category-wise Breakdown

Investor CategorySubscription Times
Qualified Institutions (QIB)197.77x
Non-Institutional (NII/HNI)255.03x
Retail Investors (RII)0.00x
Total Overall133.31x

How is IPO Subscription Calculated?

The subscription rate indicates how many times the total available shares were bid for by investors. A subscription of 10x means that for every 1 share available, there are bids for 10 shares. High subscription rates in the QIB and NII categories usually suggest strong institutional demand, which often correlates with a higher listing premium.