Ardee Industries IPO
Ardee Industries IPO is priced at ₹50–₹53 per share with an issue size of ₹425.87 crore. The IPO opens on Aug 5, 2026 and closes on Aug 7, 2026, with a lot size of 281 shares and a minimum investment of ₹14,893.
Ardee Industries Limited IPO
- IPO Dates
- Aug 5, 2026 – Aug 7, 2026
- Price band
- ₹50-53 per equity share
- Minimum Investment
- ₹14,893
- Issue size
- ₹425.87 Cr
- Lot size
- 281
- Allotment Date
- Aug 10, 2026
- Listing
- Aug 12, 2026
- Listing At
- BSE, NSE
IPO timeline
-
Aug 5, 2026
Open Date
Completed
-
Aug 7, 2026
Close Date
Completed
-
Aug 10, 2026
Allotment Date
Upcoming
-
Aug 12, 2026
Listing Date
Upcoming
Unofficial pre-listing indicator
Ardee Industries IPO Latest Available GMP: ₹13
Ardee Industries IPO latest available GMP is ₹13 per share (a 25% premium over the ₹53 upper price band), last recorded on 7 Aug 2026, 6:30 PM IST. The indicative listing price is ₹66 (₹53 upper price band + ₹13 GMP).
- GMP
- ₹13
- GMP percentage
- 25%
- Upper price band
- ₹53
- Indicative listing price
- ₹66
During the recorded period, Ardee Industries IPO GMP ranged from ₹5 to ₹13. The latest GMP is ₹13.
Ardee Industries IPO GMP trend (day-wise) 54 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹13 | ₹0 | 25% | ₹66 | |
| ₹13 | +₹1 | 25% | ₹66 | |
| ₹12 | ₹0 | 23% | ₹65 | |
| ₹12 | +₹1 | 23% | ₹65 | |
| ₹11 | +₹1 | 21% | ₹64 | |
| ₹10 | +₹1 | 19% | ₹63 | |
| ₹9 | −₹1 | 17% | ₹62 | |
| ₹10 | −₹1 | 19% | ₹63 | |
| ₹11 | −₹1 | 21% | ₹64 | |
| ₹12 | ₹0 | 23% | ₹65 |
Ardee Industries IPO Subscription Details
View Subscription DetailsArdee Industries IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Ardee Industries IPO Essentials
Ardee Industries IPO Details
Ardee Industries IPO is priced at ₹50-53 per share with a total issue size of 425.87 crore. The IPO has a lot size of 281 shares and will be listed on BSE and NSE.
- Issue price
- ₹50-53 per equity share
- Lot size
- 281 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- ₹425.87 Crores
- Total issue size
- 8,03,52,358 shares
(aggregating up to ₹425.87 crore) - Fresh issue
- 6,03,77,358 shares
(aggregating up to ₹320 crore) - Offer for sale (OFS)
- 1,99,75,000 shares
(aggregating up to ₹105.87 crore) - Retail Portion
- 35%
- Listing at
- BSE, NSE
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
Pantomath Capital Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 281 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 281 | ₹14,893 |
| Retail(max) | 13 | 3,653 | ₹1,93,609 |
| sHNI(min) | 14 | 3,934 | ₹2,08,502 |
| sHNI(max) | 67 | 18,827 | ₹9,97,831 |
| bHNI(min) | 68 | 19,108 | ₹10,12,724 |
Ardee Industries IPO Reservation
Ardee Industries IPO reservation details show category-wise allocation of shares. Out of the total 80351950 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 24105584 (30%) | |
| QIB Shares Offered | 16070390 (20%) | |
| NII (HNI) Shares Offered | 12052793 (15%) | |
| bHNI > ₹10L | 8035195 (10%) | 2043 |
| sHNI < ₹10L | 4017598 (5%) | 1021 |
| Retail Shares Offered | 28123183 (35%) | 1,00,083 |
| Total Shares Offered | 80351950 (100%) |
Ardee Industries IPO Analytics
Ardee Industries IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Ardee Industries IPO Subscription Status
Ardee Industries IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 138.83x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,60,70,390 |
1,20,52,793
80,35,195
40,17,598
|
2,81,23,183 | 5,62,46,366 |
|
Day 1
05-08-26 05:00 PM
|
1.13 x |
5.58x
5.37x
6.00x
|
3.40 x | 3.22 x |
|
Day 2
06-08-26 05:00 PM
|
1.33 x |
31.85x
29.45x
36.66x
|
14.96 x | 14.69 x |
|
Day 3
07-08-26 05:00 PM
|
202.26 x |
266.75x
289.87x
220.51x
|
47.77 x | 138.83 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 41,31,427 (Approx) | 58.39x | 211.51x | 37.92x |
Ardee Industries Valuations
Earnings
- EPS Pre IPO
- ₹3.32/-
- EPS Post IPO
- ₹2.69/-
- P/E Pre IPO
- 15.96
- P/E Post IPO
- 19.70
Returns
- ROE
- 81%
- ROCE
- 44.26%
- RoNW
- 57.46%
- PAT Margin
- 7.25%
Fundamentals
- Debt / Equity
- 1.25
- Price / Book
- 21.54
- Market Cap
- 1,670.57 Cr.
Ardee Industries Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 363.33 | 262.06 | 196.12 |
| Revenue | 1,168.88 | 743.53 | 463.39 |
| Profit After Tax | 84.68 | 33.27 | 8.95 |
| Net Worth | 147.38 | 62.60 | 29.25 |
| Reserves & Surplus | 96.42 | 59.42 | 26.06 |
| Total Borrowing | 182.75 | 165.77 | 142.36 |
Ardee Industries Company & Offer Insights
About Ardee Industries
Ardee Industries Limited is a leading Indian enterprise, which mainly specializes in the sustainable collection and recycling of energy storage products and non-ferrous scrap.
Some of the Products offered by the Company include pure lead and alloys of lead such as Lead Calcium alloy, Lead Antimony alloy, Lead Tin alloy, Lead Silver alloy, and Lead Cadmium alloy. These products are used in many sectors, including energy storage sector, e-mobility sector, automotive industry, and chemical industry.
As of March 31, 2025, the Company has served more than 50 customers in domestic and foreign markets in the batteries industry and metals industry. The Company has exported its products to 7 countries, namely Singapore, Hong Kong, South Korea, Switzerland, United Arab Emirates, Japan, and USA.
The Company has a production plant located in Tirupati district, Andhra Pradesh on an area of 7.61 acres having a capacity of 104,025 MTPA. The production plant has modern recycling facilities for lead, which include rotary furnace, refining kettle, casting machine, and pollution control facility. The production plant is certified under ISO 9001:2015 (quality management), ISO 14001:2015 (environmental management), and ISO 45001:2018 (occupational health and safety).
Ardee Industries Promoter(s)
Sandeep Aggarwal, Nikunj Aggarwal, Esha Gupta are the company's promoters of Ardee Industries.
Ardee Industries IPO Issue Objectives
- •
- Funding incremental working capital requirement of our Company - ₹220.0 Cr
- •
- Repayment and/or pre-payment, in full or in part, of certain borrowings availed by our Company - ₹20.0 Cr
- •
- General corporate purposes
Ardee Industries IPO - Anchor Investors
Ardee Industries Limited finalised its anchor investor allocation on August 4, 2026, raising ₹127.76 crore from 7 institutional investors at an anchor price of ₹53 per share.
The anchor book comprises 2,41,05,584 equity shares allocated across domestic mutual fund, and non-mutual fund institutional investors. Bank of India Small Cap Fund, Bengal Finance & Investment Pvt Ltd, and Winro Commercial (India) Limited each received the largest allocation at 19.57%. The Wealth Company Alternates Trust – Bharat Value Fund and India Max Investment Fund Limited each received 15.66%, while Cognizant Capital Dynamic Opportunities Fund and IMAP India Capital Investment Trust – Catalyst New India Fund each received 4.99%. Bank of India Small Cap Fund is the sole domestic mutual fund participant, with 47,17,147 shares (19.57%) allocated.
Ardee Industries IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Ardee Industries | N/A | N/A | 57.46% | 1167 |
| Gravita India | N/A | 35.37 | 15.43% | 4265 |
| Pondy Oxides | N/A | 31.94 | 16.73% | 2958 |
| Jain Resource Recycling | N/A | 33.57 | 22.25% | 9543 |
Contact Information
Contact Details
Ardee Industries
+91 11 4760 021
Khasra No. 340, 1st Floor and 3rd Floor, Village Sultanpur, Mehrauli, Gadaipur, Delhi, New Delhi, 110030
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Ardee Industries IPO is a book-built IPO worth ₹425.87 crore. The price band is ₹50–₹53 per share. The IPO opens on Aug 5, 2026 and closes on Aug 7, 2026. It will be listed on BSE and NSE. Kfin Technologies Ltd. is the registrar.
The price band of Ardee Industries IPO is ₹50 to ₹53 per share.
The lot size of Ardee Industries IPO is 281 shares.
The minimum investment for Ardee Industries IPO is approximately ₹14,893 based on the upper price band .
Ardee Industries IPO opens on Aug 5, 2026 and closes on Aug 7, 2026.
The allotment date of Ardee Industries IPO is Aug 10, 2026.
Ardee Industries IPO is expected to be listed on Aug 12, 2026, on BSE and NSE .
Ardee Industries IPO latest available GMP is ₹13 per share (a 25% premium over the ₹53 upper price band), last recorded on 7 Aug 2026, 6:30 PM IST. The indicative listing price is ₹66 (₹53 upper price band + ₹13 GMP).
Ardee Industries IPO valuation snapshot: P/E 19.70, EPS ₹2.69/-, P/B 21.54, RoNW 57.46%, and market cap 1,670.57 Cr.
To apply for Ardee Industries IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Ardee Industries IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Ardee Industries IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Ardee Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ardee Industries IPO allotment status on IPO Ji for quick and easy access.