Aaradhya Disposal IPO Sees 1.41x Subscription on Final Day, Led by QIB Demand

Aaradhya Disposal Industries Limited's initial public offering (IPO) has demonstrated measured investor interest through its third and final day of subscription, with Aaradhya Disposal's stock price set at ₹110-116 per share reflecting cautious market reception. The ₹45.10 crore IPO reached 1.41 times by 4:15:00 PM on day three, indicating modest investor interest in this paper products manufacturer established in 2014.

Aaradhya Disposal IPO qualified institutional buyers segment leads with reasonable 2.51 times subscription, whilst individual investors demonstrate modest participation at 1.45 times and non-institutional investors show limited interest at 1.25 times, whilst market makers show complete participation at 1.00 times, reflecting measured investor confidence in this company.

Aaradhya Disposal IPO subscription reached a modest 1.41 times on day three, led by Qualified Institutional Buyers (2.51x), Individual Investors (1.45x), and NII (1.25x). Total applications reached 1,167.

Subscription Status of Aaradhya Disposal IPO:

Here are the subscription details for Aaradhya Disposal IPO as of Day 3 (August 6, 2025, 4:15:00 PM):

Key Highlights - Day 3:

• Overall subscription reached modest 1.41 times, a gradual improvement from day two's 0.93 times.
• Individual investors demonstrated reasonable performance at 1.45 times, building substantially from day two's 0.81 times.
• bNII category displaying modest participation at 1.65 times, building significantly from day two's 1.19 times.
• Non-institutional investors showing limited growth at 1.25 times, building moderately from day two's 0.88 times.
• QIB segment maintained steady performance at 2.51 times, consistent with day two's 2.51 times.
• sNII category showing limited interest at 0.45 times, building from day two's 0.25 times.
• Total applications reached 1,167, indicating limited investor participation for this SME IPO.
• Cumulative bid amount reached ₹60.43 crores against the issue size of ₹45.10 crores.

Aaradhya Disposal IPO - Day 2 Subscription at 0.93 Times

Key Highlights - Day 2:

• Overall subscription reaching modest 0.93 times, showing substantial improvement from day one's 0.35 times.
• QIB segment demonstrating strong performance at 2.51 times, building significantly from day one's 1.17 times.
• bNII category displaying solid interest at 1.19 times, building substantially from day one's 0.37 times.
• Non-institutional investors showing reasonable growth at 0.88 times, building significantly from day one's 0.26 times.
• Individual investors showing encouraging improvement at 0.81 times, building substantially from day one's 0.35 times.
• sNII segment showing modest improvement at 0.25 times, building from day one's 0.03 times.

Aaradhya Disposal IPO - Day 1 Subscription at 0.35 Times

Key Highlights - Day 1:

• Overall subscription opening cautiously at 0.35 times, showing measured initial investor interest.
• QIB segment demonstrating modest confidence at 1.17 times, showing reasonable institutional appetite.
• bNII category showing limited participation at 0.37 times, indicating cautious larger HNI interest.
• Individual investors displaying limited participation at 0.35 times, showing tentative retail sentiment.
• Non-institutional investors showing limited interest at 0.26 times, indicating reserved HNI approach.
• sNII segment displaying minimal interest at 0.03 times, showing very cautious smaller HNI sentiment.

About Aaradhya Disposal Industries Limited

Established in January 2014, Aaradhya Disposal Industries Limited is engaged in manufacturing and exporting of paper products including paper cup blanks, ripple paper, and coated paper rolls, offering extensive range of paper-based solutions including PE coated, PLA coated, and barrier coated paper cup blanks, food grade papers including greaseproof paper and vegetable parchment paper, operating one manufacturing facility in Dewas, Madhya Pradesh with total installed capacity of 15,000 metric tonnes per annum, serving Indian and global markets with exports to Asia and Middle East, employing 33 permanent employees as of June 30, 2025.