Ardee Industries IPO Allotment Chances
The allotment result is out. Chances below use the latest subscription figures, recorded 5:00 pm, 07 Aug IST.
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Ardee Industries IPO
Listed MainboardPrice Band
₹50–53
Minimum application
281 shares (one lot)
Total Subscription
138.77x
Allotment date
TBA
Allotment Chances — Ardee Industries IPO
Retail
2.4%
(47.67x subscribed)
Low chance
S-HNI (₹2–10L)
0.45%
(220.39x subscribed)
Low chance
B-HNI (>₹10L)
1.7%
(289.87x subscribed)
Low chance
about 2 in 100 retail applicants are likely to get allotment.
Estimated from current subscription data, calibrated against published basis-of-allotment results.
Actual allotment depends on the number of applications received and SEBI's allotment rules —
draw of lots for Retail, Employee and NII; proportionate for QIB.
Applications vs Allotment Slots — Ardee Industries IPO
Ardee Industries reserved 2,81,23,183 shares for retail investors. Each winner gets 281 shares (one lot), so there are 1,00,082 retail slots.
Ardee Industries Subscription, Day by Day
| Day | Retail | NII | QIB | Total |
|---|---|---|---|---|
| Day 1 | 3.37x · 33.8% | 5.56x | 1.13x | 3.20x |
| Day 2 | 14.97x · 7.6% | 31.93x | 1.33x | 14.71x |
| Day 3 | 47.67x · 2.4% | 266.71x | 202.26x | 138.77x |
Times subscribed at the close of each bidding day; the % is the retail chance at that point.
Ardee Industries Allotment Chances FAQs
With retail subscribed 47.67x, about 2.4% of retail applicants (about 2 in 100) are likely to be allotted 281 shares (one lot). S-HNI 220.39x, about 0.5%; B-HNI 289.87x, about 1.7%.
Ardee Industries reserved 2,81,23,183 shares for retail investors and each winner gets 281 shares (one lot), so at most 1,00,082 retail applicants can be allotted.
No. Oversubscribed retail and NII categories are allotted by draw of lots, and each retail winner receives the minimum application of 281 shares (one lot) (₹14,893 at the upper price). Separate applications from family members, each with their own PAN, are what add entries to the draw.
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