Ardee Industries Ltd.
NSE & BSE₹50–53
₹ 310 Cr
281 Shares
₹ 14,050
₹2
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 11,676.53 | 7,427.35 | |
| 12.3 | 7.91 | |
| 11,688.83 | 7,435.26 | |
| 10,205.71 | 6,768.01 | |
| 1,129.44 | 446.46 | |
| 846.81 | 332.71 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
5 Aug 2026
IPO Offer Ends
7 Aug 2026
12 Aug 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding incremental working capital requirement of our Company | 2,200 |
| 2 | Repayment and/or pre-payment in full or in part of certain borrowings availed by our Company | 220 |
| 3 | General corporate purposes | 462.74 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Post-IPO
67.62%
Promoter stake
Offered to Public
5,84,22,516
shares
Post Share Capital
21,31,50,700
shares
IPO Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
About the Company
Ardee Industries Limited is one of India’s leading players in circular economy, specializing in the environmentally responsible recovery and recycling of end-of-life energy storage products and non-ferrous scrap, while reclaiming critical resources from waste streams (Source: F&S Report). Our product portfolio comprises pure lead and lead alloys such as lead calcium alloys, lead antimony alloys, lead tin alloys, lead silver alloys and lead cadmium alloys which find applications in critical industries including energy storage, e-mobility, automotive, chemical, among others. Our products are customisable to the requirements of our customers, with respect to the level of purity and/or composition with other metal and non-metal elements with purity levels ranging from 99.97% to 99.985% that conform to international standards. As per F&S Report, we are one of the fastest growing companies in terms of revenue amongst its peers with a revenue CAGR of 33.15% in the last three Fiscal.
Use of Proceeds
Our Company proposes to utilise the Net Poceeds towards funding the following objects: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; and3. General corporate purposes.
Ardee Industries Ltd. Latest News
News
Ardee Industries informs about ROC approval for extension of AGM
Ardee Industries informs about revised investor presentation
Ardee Industries makes stellar IPO debut with 39% premium on the BSE
The scrip is currently trading at Rs. 67.26, up by 14.26 points or 26.91% from its issue price
Ardee Industries coming with IPO to raise up to Rs 445.06 crore
The issue will open for subscription on August 05, 2026 and will close on August 07, 2026
IPO FAQs
The Ardee Industries Ltd. IPO has a total of ₹310 crore, calculated at the upper end of the .
The Ardee Industries Ltd. IPO is priced at ₹50–53 per share. bids must fall within this , against a of ₹2 per share.
The for the Ardee Industries Ltd. IPO is 281 shares, which is also the minimum order quantity — you have to apply for at least 281 shares, and in multiples of 281 beyond that.
The minimum investment in the Ardee Industries Ltd. IPO is about ₹14,050 — one lot of 281 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Ardee Industries Ltd. opens on 5 Aug 2026 and closes on 7 Aug 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Ardee Industries Ltd. shares were listed on 12 Aug 2026 on BSE and NSE.
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.) is the for the Ardee Industries Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-23324401/43509200 and email einward.ris@kfintech.com.
Ardee Industries Ltd. IPO shares are listed on BSE and NSE.
Each Ardee Industries Ltd. share has a of ₹2.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Ardee Industries Ltd. before the IPO, which falls to 67.62% after the issue.
5,84,22,516 shares of Ardee Industries Ltd. are being offered to the public in this issue.
The Ardee Industries Ltd. IPO has been subscribed 133.66x overall — 197.77x, 255.24x and 45.71x.
figures update through the issue period until it closes.
Our Company proposes to utilise the Net Poceeds towards funding the following objects:
- 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
Pantomath Capital Advisors Pvt Ltd. is the book running lead manager for the Ardee Industries Ltd. IPO.
Pre-apply means placing your Ardee Industries Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Ardee Industries Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Ardee Industries Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.