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Ardee Industries Ltd

Ardee Industries Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹53
₹53
GMP (Grey Market)
+₹15
+28.3%
Est. Listing Price
₹68
Based on GMP
Min. Investment
₹14,893
1 lot × 281 shares
Subscribed
96.60x
Over-subscribed
IPO Details
Open Date
05 Aug 2026
Close Date
07 Aug 2026
Allotment
10 Aug 2026
Listing Date
12 Aug 2026
Exchange
NSE & BSE
Price Band
₹53
Listing Price
See chart
Allotment Status
Price Band
₹53
Per share
Face Value
₹2 per share
 
Lot Size
281 Shares
per lot
Issue Size
8,03,52,358 shares (agg. up to ₹426 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,893
1 lot
Pre-IPO Holding
25,48,24,000 shares
Promoters
Post-IPO Holding
31,52,01,358 shares
Promoters
P/E (Pre)
15.96x
 
P/E (Post)
19.7x
 
EPS (Pre)
₹3.32
 
EPS (Post)
₹2.69
 
UPI Deadline
5:00 PM on 07 Aug 2026
Mandate
GMP
+₹15
+28.3% est.
Anchor AllotmentTue, 04 Aug 2026
Basis of AllotmentMon, 10 Aug 2026
Refund InitiationTue, 11 Aug 2026
Demat CreditTue, 11 Aug 2026
Listing DayWed, 12 Aug 2026
UPI Mandate Deadline5:00 PM on 07 Aug 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares6,03,77,358 shares (agg. up to ₹320 Cr)
Offer for Sale3,76,50,000 shares of ₹2 (agg. up to ₹[.] Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Ardee Industries Ltd IPO subscribed 96.60 times overall. Retail: 46.25x. QIB: 81.21x. NII: 265.35x. By 07 Aug 2026.
QIB
81.21x
Over
NII/HNI
265.35x
Over
Retail
46.25x
Over
Total
96.60x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 81.21x
40,175,974
₹212.93
NII / HNI
Over 265.35x
12,052,793
₹63.88
Retail
Over 46.25x
28,123,183
₹149.05
Total 96.60x
80,351,950
100% ₹425.87
IPO Shares Offered
Ardee Industries Ltd IPO total issue size: ₹425.87 Cr. Retail: ₹149.05 Cr. QIB: ₹212.93 Cr. NII: ₹63.88 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 40,175,974 ₹212.93
50.00%
NII 12,052,793 ₹63.88
15.00%
Retail 28,123,183 ₹149.05
35.00%
Total 80,351,950 ₹425.87
100.00%
* Based on upper price band ₹53 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) 12,052,793 28,123,183 40,175,976
Allotment price (₹) 53 53 53 53 53 53 53 53
No. of applications
No. of shares applied
Amount collected (₹Cr) ₹149.05 ₹149.05
Times subscribed 81.21x 265.35x 46.25x 96.60x
Shares allotted 12,052,793 28,123,183 40,175,976
No. of allottees
* Upper price band ₹53 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
281
Shares per Lot
Issue Price
₹53.00
Upper Band
Min Investment
₹14,893
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2562₹29,786
Retail (Max — 13 Lots)133,653₹193,609
S-HNI (Min — 14 Lots)143,934₹208,502
B-HNI (Min — 68 Lots)6819,108₹1,012,724
* Issue Price ₹53 × Lot Size 281 shares
IPO Schedule
Anchor
04 Aug 2026
✓ Done
IPO Open
05 Aug 2026
✓ Done
IPO Close
07 Aug 2026
✓ Done
Allotment
10 Aug 2026
✓ Done
Refunds
11 Aug 2026
✓ Done
Demat Credit
11 Aug 2026
✓ Done
Listing Day
12 Aug 2026
✓ Done
Ardee Industries Ltd — Live Price LIVE
₹53.00
INR · BSE
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Issue ₹53.00 GMP: +₹15 Live Price
About Ardee Industries Ltd
Ardee Industries Limited is a prominent Indian company, with a core focus on the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap.Its product range includes high-purity lead and specialised lead alloys such as lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys. These products are widely used across key sectors, including energy storage, e-mobility, automotive, and chemicals.As of March 31, 2025, Ardee Industries has served over 50 customers across domestic and international markets, spanning the battery and metals industries. The Company has exported its products to seven countries, including Singapore, Hong Kong, South Korea, Switzerland, the United Arab Emirates, Japan, and the United States of America.The Company owns and operates a manufacturing facility spread across approximately 7.61 acres in Tirupati district, Andhra Pradesh, with an installed capacity of 104,025 MTPA. The facility is equipped with advanced lead recycling infrastructure, including rotary furnaces, refining kettles, casting systems, and comprehensive pollution control mechanisms. It is certified under ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety.Competitive strengths:One of India’s leading players in circular economy with a proven track record with demonstrated operational stability.Application of Hedging Mechanism for Commodity Price Risk Related Protection.Strong customer base along with robust raw materials sourcing capabilities.Track record of profitability and consistent financial performance.Experienced promoters and professional management team.
Objects of the Issue
1
Funding incremental working capital requirement of our Company
2
Repayment and/or pre-payment, in full or in part, of certain borrowings availed by our Company
3
General corporate purposes
Ardee Industries Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹411.8
31 Mar 2023
₹463.4
31 Mar 2024
₹743.5
31 Mar 2025
Profit After Tax (PAT)
₹8.6
31 Mar 2023
₹9.0
31 Mar 2024
₹33.3
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 743.53 463.39 411.84
EBITDA 65.93 28.06 22.76
Profit After Tax (PAT) 33.27 8.95 8.57
Net Worth 62.60 29.25 20.22
Total Assets 312023.00 196.12 108.00
Reserves & Surplus 59.42 26.06 17.03
Borrowings 165.77 142.36 80.91
EBITDA Margin (%) 8.88
PAT Margin (%) 4.48
RoE
72
RoCE
25.17
RoNW
53.15
PAT Margin
4.48
EBITDA Margin
8.88
Issue Structure & Shareholding
Total Shares OfferedN/A
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding25,48,24,000 shares
Post-Issue Promoter Holding31,52,01,358 shares
P/BV RatioN/A
RoE72
RoCE25.17
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Ardee Industries Ltd IPO subscribed?

Ardee Industries Ltd IPO is subscribed 96.60 times by Aug 07, 2026. Retail: 46.25x. QIB: 81.21x. NII: 265.35x.

Investor CategorySubscription
Qualified Institutional (QIB)81.21x
Non Institutional (NII/HNI)265.35x
Retail Individual46.25x
Total Subscription96.60x
What is Ardee Industries Ltd IPO retail subscription status?

The Ardee Industries Ltd IPO retail category is subscribed 46.25 times as of 07 Aug 2026. The retail portion is oversubscribed.

How to subscribe Ardee Industries Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 05 Aug 2026 and closes 07 Aug 2026. Min investment: ₹14,893 (1 lot = 281 shares). UPI mandate: 5:00 PM on 07 Aug 2026.

How many times Ardee Industries Ltd IPO subscribed?

The Ardee Industries Ltd IPO subscribed 96.60x overall. QIB: 81.21x, NII: 265.35x, Retail: 46.25x. Applications: from NSE/BSE.

How to check Ardee Industries Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Aug 2026. Refunds: on 11 Aug 2026.

When Ardee Industries Ltd IPO will be listed?

The Ardee Industries Ltd IPO listing date is 12 Aug 2026, Wednesday. Listed on: NSE & BSE. Issue price: ₹53. Estimated listing: ₹68. GMP: +₹15.

When Ardee Industries Ltd IPO close?

The Ardee Industries Ltd IPO closes on 07 Aug 2026, Friday. UPI mandate: 5:00 PM on 07 Aug 2026. Allotment: 10 Aug 2026. Listing: 12 Aug 2026.