Adroit Industries (India) IPO wraps up with stellar subscription
A ipo & listings development with market-wide reach.
· Business Standard Mkts
The initial public offer (IPO) of Adroit Industries (India) was subscribed 176.85 times. The issue received bids for 1,39,22,95,200 shares against 78,72,900 shares on offer.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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