Mumbai, Aug. 7 -- The initial public offer (IPO) of Aaradhya Disposal Industries received bids for 54,25,200 shares as against 38,88,000 shares on offer. The issue was subscribed 1.39 times.

Qualified Institutional Buyers (QIBs) bid for 4,63,200 shares, Non-Institutional Investors (NIIs) for 23,89,200 shares, while Retail Individual Investors (RIIs) placed bids for 25,72,800 shares.

The issue opened for bidding on 04 August 2025 and it closed on 06 August 2025. The price band of the IPO was set at Rs 110 to Rs 116 per share. The equity shares will list on NSE's SME platform.

The IPO comprises fresh issue of 38,88,000 equity shares. The promoter and promoter group shareholding dilute to 70.58% from 97.36% pre-issue.

The company intends...