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Ardee Industries IPO Subscription Status

Q: What is the current subscription status of Ardee Industries IPO?

As of IPO close date (07 Aug, 2026), the Ardee Industries IPO is subscribed 133.66x times. Retail category is 45.71x, and NII is 255.24x subscribed.

Q: When is the allotment date for Ardee Industries IPO?

The allotment for Ardee Industries IPO is expected to be finalized on 10 August, 2026.

Q: What is the GMP of Ardee Industries?

The Grey Market Premium (GMP) for Ardee Industries is currently ₹17, indicating a potential listing gain of 32.08%.

Q: When will Ardee Industries IPO list on the stock market?

Ardee Industries is scheduled to list on BSE and NSE on 12 August, 2026.

Q: What are the chances of getting allotment in Ardee Industries IPO?

The retail category is oversubscribed at 45.71x, meaning allotment is by lottery. Statistically, approximately 1 in 46 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

Q: What does QIB subscription of 197.77x mean for Ardee Industries IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 197.77x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

Q: How to check Ardee Industries IPO allotment status?

After the allotment date (10 Aug, 2026), you can check your Ardee Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

The Ardee Industries IPO has been subscribed 133.66x times overall. Retail investors have shown interest with bids for 45.71x the shares available. The Non-Institutional Investor (NII) category has been subscribed 255.24x. Within NII, Big HNI (B-HNI) subscribed 277.36x and Small HNI (S-HNI) subscribed 211x. Qualified Institutional Buyers (QIBs) have subscribed 197.77x. Data last updated on 08 Sep, 01:37 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 05 Aug, 2026 and closes on 07 Aug, 2026. The shares are expected to list on stock exchanges on 12 Aug, 2026.

Full Details Check GMP

Live Subscription Data
Day-wise Subscription History
Allotment Probability
What Does This Subscription Data Mean?
Frequently Asked Questions

Total Subscription

133.66 x

39,80,733 applications

QIB 197.77x

BHNI 277.36x

SHNI 211x

Retail 45.71x

Live Bidding

Category	Offered	Applied	Amount (Cr)	Bid Details	TIMES
QIB	1,64,35,297	3,25,04,36,028	17,227.31 Cr	3,25,04,36,028 of 1,64,35,297 163 applications 17,227.31 Cr	197.77x
1(a) Foreign Institutional Investors (FIIs)		43,79,72,782	2,321.26 Cr	43,79,72,782 2,321.26 Cr
1(b) Domestic Financial Institutions (Banks/FIs/Insurance)		1,65,81,15,527	8,788.01 Cr	1,65,81,15,527 8,788.01 Cr
1(c) Mutual Funds		2,28,37,432	121.04 Cr	2,28,37,432 121.04 Cr
1(d) Others		1,13,15,10,287	5,997.00 Cr	1,13,15,10,287 5,997.00 Cr
NII	1,25,96,166	3,21,50,58,971	17,039.81 Cr	3,21,50,58,971 of 1,25,96,166 3,32,106 applications 17,039.81 Cr	255.24x
2.1 Big NII — bid amount above ₹10 Lakh	83,97,444	2,32,91,23,014	12,344.35 Cr	2,32,91,23,014 1,19,067 applications 12,344.35 Cr	277.36
2.1(a) Corporates		1,80,16,596	95.49 Cr	1,80,16,596 95.49 Cr
2.1(b) Individuals (other than RIIs)		2,21,78,16,104	11,754.43 Cr	2,21,78,16,104 11,754.43 Cr
2.1(c) Others		9,32,90,314	494.44 Cr	9,32,90,314 494.44 Cr
2.2 Small NII — bid amount ₹2–10 Lakh	41,98,722	88,59,35,957	4,695.46 Cr	88,59,35,957 2,13,039 applications 4,695.46 Cr	211
2.2(a) Corporates		16,81,504	8.91 Cr	16,81,504 8.91 Cr
2.2(b) Individuals (other than RIIs)		85,67,14,767	4,540.59 Cr	85,67,14,767 4,540.59 Cr
2.2(c) Others		2,75,39,686	145.96 Cr	2,75,39,686 145.96 Cr
Retail	2,93,91,053	1,34,33,24,434	7,119.62 Cr	1,34,33,24,434 of 2,93,91,053 36,48,464 applications 7,119.62 Cr	45.71x
TOTAL	5,84,22,516	7,80,88,19,433	41,386.74 Cr	7,80,88,19,433 39,80,733 applications 41,386.74 Cr	133.66x

Last Updated: 08 Sep 2026, 01:37 PM

Ardee Industries IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹53.

FINAL

Applications

39,80,740

Allottees

1,03,315

Overall Odds

1 in 39

Amount Collected

₹41,137 Cr

Category	AppsApplications	Shares Applied	Shares Allotted	GotAllottees	Odds
QIB 81.21x subscribed	170	3,26,27,48,043 ₹17,292 Cr	4,01,75,974 81.21x subscribed	170	AllAll allotted
Ex. Anchor Ex. Anchor	163	3,23,72,75,112	1,60,70,390 · 201.44x	163	AllAll allotted
Anchor Anchor Investors	7	2,54,72,931	2,41,05,584 · 1.06x	7	AllAll allotted
NII (HNI) 265.35x subscribed	3,32,106	3,19,81,89,698 ₹16,950 Cr	1,20,52,793 265.35x subscribed	3,063	1 in 1081 in 108
bNII >₹10L bNII — above ₹10 Lakh	1,19,067	2,32,44,64,877	80,35,195 · 289.29x	2,042	1 in 581 in 58
sNII <₹10L sNII — below ₹10 Lakh	2,13,039	87,37,24,821	40,17,598 · 217.47x	1,021	1 in 2091 in 209
Retail 46.25x subscribed	36,48,464	1,30,07,76,538 ₹6,894 Cr	2,81,23,183 46.25x subscribed	1,00,082	1 in 361 in 36
TOTAL 96.60x subscribed	39,80,740	7,76,17,14,279	8,03,51,950 96.60x subscribed	1,03,315	1 in 391 in 39

Subscription Insights

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 46 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 197.77x. This often signals long-term confidence from professional funds.

Day-wise Subscription History

Subscription trends over the last 3 days

Date	Total	QIB	BHNI	SHNI	Retail
07 Aug 2026 DAY 3	133.66x	197.77x	277.36x	211x	45.71x
QIB 197.77x BHNI 277.36x SHNI 211x Retail 45.71x
06 Aug 2026 DAY 2	14.16x	1.3x	28.25x	35.15x	14.32x
QIB 1.3x BHNI 28.25x SHNI 35.15x Retail 14.32x
05 Aug 2026 DAY 1	3.08x	1.1x	5.13x	5.69x	3.22x
QIB 1.1x BHNI 5.13x SHNI 5.69x Retail 3.22x

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Anchor Investor Allocation

Breakdown of shares allotted to anchor investors before the IPO opening

#	Anchor Investor	Group Entity	Shares Allotted	Amt (₹ cr.)	% Allocated	% of Issue
1	BANK OF INDIA SMALL CAP FUND	BANK OF INDIA MUTUAL FUND	4717147	₹25.00 Cr	19.57%	5.87%
2	BENGAL FINANCE & INVESTMENT PVT.LTD.	BENGAL FINANCE & INVESTMENT	4717147	₹25.00 Cr	19.57%	5.87%
3	WINRO COMMERCIAL (INDIA) LTD.	WINRO COMMERCIAL	4717147	₹25.00 Cr	19.57%	5.87%
4	BHARAT VALUE FUND	BHARAT VALUE	3773830	₹20.00 Cr	15.66%	4.70%
5	INDIA MAX INVESTMENT FUND LTD.	INDIA MAX INVESTMENT FUND LTD.	3773830	₹20.00 Cr	15.66%	4.70%
6	IMAP INDIA CAPITAL INVESTMENT TRUST-CATALYST NEW INDIA FUND	IMAP INDIA	1203242	₹6.38 Cr	4.99%	1.50%
7	COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND	COGNIZANT	1203241	₹6.38 Cr	4.99%	1.50%
	Total		24,105,584	₹127.76 Cr	100.01%

Ardee Industries IPO Allotment Probability

Retail (up to ₹2 L)

1 in 35

~2.9% chance per PAN — 3,648,464 applicants for 104,594 allotment slots. Winners get exactly 1 lot (₹14,893) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

1 in 200

~0.5% chance — 213,039 applicants for 1,067 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.

Big HNI (above ₹10 L)

1 in 272

~0.4% chance — 119,067 applicants for 439 allotment slots. Lottery allots the minimum B-HNI application of 68 lots (₹10.1 L) per winner; the rest is proportionate.

QIB (institutions)

197.77x

Proportionate allotment — at 197.77x, institutions receive ~0.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of Ardee Industries IPO?

As of IPO close date (07 Aug, 2026), the Ardee Industries IPO is subscribed 133.66x times. Retail category is 45.71x, and NII is 255.24x subscribed.

When is the allotment date for Ardee Industries IPO?

The allotment for Ardee Industries IPO is expected to be finalized on 10 August, 2026.

What is the GMP of Ardee Industries?

The Grey Market Premium (GMP) for Ardee Industries is currently ₹17, indicating a potential listing gain of 32.08%.

When will Ardee Industries IPO list on the stock market?

Ardee Industries is scheduled to list on BSE and NSE on 12 August, 2026.

What are the chances of getting allotment in Ardee Industries IPO?

The retail category is oversubscribed at 45.71x, meaning allotment is by lottery. Statistically, approximately 1 in 46 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 197.77x mean for Ardee Industries IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 197.77x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Ardee Industries IPO allotment status?

After the allotment date (10 Aug, 2026), you can check your Ardee Industries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.