IPO Guru
Ardee Industries Logo

Ardee Industries IPO Subscription Status

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 07 Aug, 07:30 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.

Total Subscription
133.66 x
QIB 197.77x
BHNI 277.36x
SHNI 211x
Retail 45.71x

Live Bidding

Category Bid Details TIMES
QIB
3,25,04,36,028
of 1,64,35,297
17,227.31 Cr
197.77x
NII
3,21,50,58,971
of 1,25,96,166
17,039.81 Cr
255.24x
Retail
1,34,33,24,434
of 2,93,91,053
7,119.62 Cr
45.71x
TOTAL
7,80,88,19,433
41,386.74 Cr
133.66x

Last Updated: 07 Aug 2026, 07:30 PM

Application-wise Breakup (Estimated)

Approximate application counts — the exchanges don't publish these during bidding. Estimated from shares bid using the typical application size seen in recent IPOs' Basis of Allotment data. Final counts appear here once the Basis of Allotment is out.

Category Est. Applied Times
Retail
max 98,674
34,73,286 35.20x
sNII (₹2–10 L)
max 1,007
2,07,878 206.43x
bNII (₹10 L+)
max 415
1,12,756 271.70x
TOTAL (EST.) 37,93,920
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
07 Aug 2026 DAY 3
133.66x
QIB 197.77x
BHNI 277.36x
SHNI 211x
Retail 45.71x
06 Aug 2026 DAY 2
14.16x
QIB 1.3x
BHNI 28.25x
SHNI 35.15x
Retail 14.32x
05 Aug 2026 DAY 1
3.08x
QIB 1.1x
BHNI 5.13x
SHNI 5.69x
Retail 3.22x
IPO Guru App

IPO Guru on Android

Get live GMP alerts, subscription updates, and allotment status directly on your phone. Fast, Free, and Secure.

Anchor Investor Allocation

Breakdown of shares allotted to anchor investors before the IPO opening

Anchor Investor Amt (₹ cr.) % Allocated
BANK OF INDIA SMALL CAP FUND ₹25.00 Cr 19.57%
BENGAL FINANCE & INVESTMENT PVT.LTD. ₹25.00 Cr 19.57%
WINRO COMMERCIAL (INDIA) LTD. ₹25.00 Cr 19.57%
BHARAT VALUE FUND ₹20.00 Cr 15.66%
INDIA MAX INVESTMENT FUND LTD. ₹20.00 Cr 15.66%
IMAP INDIA CAPITAL INVESTMENT TRUST-CATALYST NEW INDIA FUND ₹6.38 Cr 4.99%
COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND ₹6.38 Cr 4.99%
Total ₹127.76 Cr 100.01%

Ardee Industries IPO Allotment Probability

Retail (up to ₹2 L)
1 in 46
~2.2% chance per PAN — based on 45.71x subscription. Winners get exactly 1 lot (₹14,893) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 211
~0.5% chance — based on 211x subscription. 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 278
~0.4% chance — based on 277.36x subscription. 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 ₹16, indicating a potential listing gain of 30.19%.

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.

Explore Ardee Industries IPO Further

Track every stage of this IPO from subscription to listing:

Discussion 0

💡
Commenting as
Markdown supported: **bold**, _italics_

No comments yet

Be the first to share your thoughts!

Advertisement