Search IPOs
Subscription Status · Aug 05 – Aug 07, 2026 · ₹50–53
The Ardee Industries IPO subscription has recorded exceptional investor demand with an overall subscription of 138.83× as of Aug 07, 2026, indicating that investors applied for 138.83 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Aug 07, 2026, 6:00 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
16,070,390 | 3,250,436,028 |
202.26×
|
|
NII
Non-Institutional Investors
|
12,052,793 | 3,215,058,971 |
266.75×
|
|
bNII
Bids above ₹10L
|
8,035,195 | 2,329,123,014 |
289.87×
|
|
sNII
Bids below ₹10L
|
4,017,598 | 885,935,957 |
220.51×
|
|
Retail
Retail Individual Investors
|
28,123,183 | 1,343,322,467 |
47.77×
|
|
Total
|
56,246,366 | 7,808,817,466 |
138.83×
|
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 16,070,390 | 18,134,054 | 1.13× |
| NII | 12,052,793 | 67,125,280 | 5.57× |
| bNII | 8,035,195 | 43,111,301 | 5.37× |
| sNII | 4,017,598 | 24,013,979 | 5.98× |
| Retail | 28,123,183 | 95,337,961 | 3.39× |
| Total | 56,246,366 | 180,597,295 | 3.21× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 16,070,390 | 21,438,333 | 1.33× |
| NII | 12,052,793 | 384,883,452 | 31.93× |
| bNII | 8,035,195 | 237,216,266 | 29.52× |
| sNII | 4,017,598 | 147,667,186 | 36.76× |
| Retail | 28,123,183 | 421,498,314 | 14.99× |
| Total | 56,246,366 | 827,820,099 | 14.72× |
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 16,070,390 | 3,250,436,028 | 202.26× |
| NII | 12,052,793 | 3,215,058,971 | 266.75× |
| bNII | 8,035,195 | 2,329,123,014 | 289.87× |
| sNII | 4,017,598 | 885,935,957 | 220.51× |
| Retail | 28,123,183 | 1,343,322,467 | 47.77× |
| Total | 56,246,366 | 7,808,817,466 | 138.83× |
As of August 07, 2026, the Ardee Industries IPO has been subscribed 138.83 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Ardee Industries IPO subscription window was open from August 05, 2026 to August 07, 2026. Investors could apply through their demat account or ASBA facility.
The Ardee Industries IPO has a price band of ₹50 to ₹53 per share, with a lot size of 281 shares. Minimum retail investment: ₹14,050 (lower band) or ₹14,893 (upper band).
The QIB category has been subscribed 202.26 times. QIBs were offered 16,070,390 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 47.77 times. Retail was offered 28,123,183 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 266.75×. bNII (>₹10L): 289.87×, sNII (<₹10L): 220.51×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on August 10, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Ardee Industries IPO is expected to list on August 12, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 138.83× means investors have bid for 138.83 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 47.77×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Ardee Industries IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Aug 05 to Aug 07, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Ardee Industries IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Aug 05, 2026Subscription Closes Done
Aug 07, 2026Basis of Allotment Done
Aug 10, 2026Listing on NSE,BSE Done
Aug 12, 2026Lottery-based allotment. Based on retail subscription of 47.77×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
Share Subscription Card
Download a branded image to share on WhatsApp, Twitter, or Telegram
Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
