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Ardee Industries shares trades at ₹69 level after nearly 40% premium listing
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Business Line - Home
Ardee Industries shares made a strong stock market debut on Wednesday, listing at nearly 40 per cent premium over the IPO price of ₹53.
Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said Ardee Industries made a strong debut, and emphasised that the post-listing outlook remains positive.
Congratulations to Ardee Industries Limited on getting listed on NSE today.
Ardee Industries Limited is a company involved in the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap.
The IPO received bids for 780 crore shares against 5 crore shares on offer, according to data available with the NSE.