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Home/IPO/Ardee Industries IPO
Updated: 12-Aug 9:35

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹17 (32.08%)
Rating:4/5
Est. Listing Price
₹70
Est. Gain: +32.1%
Est. Profit / Lot
₹4,777
Per Retail Application
Price Band
₹50 - ₹53
Face Value: ₹2
Min. Retail Inv.
₹14,893
Lot: 281 Shares
Total Subscription
138.83x
Anchor: Yes

Ardee Industries IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
14 Aug 2026₹53+₹1732.08%+₹4,777138.83xFlat

Explore the complete GMP movement

Open the chart and all available daily records.

Ardee Industries IPO Details

IPO Date04 Aug 2026 to 06 Aug 2026
Listing AtBSE, NSE
Face Value₹2 per share
Price Band₹50 - ₹53
Lot Size281 Shares
Total Issue Size₹803.52 Cr(₹1,255.57 Cr)
Fresh Issue604.00L shares (₹320 Cr)
Offer for Sale (OFS)₹105.87 Cr (approx 2.74 Cr shares)
Issue TypeBook Built Issue IPO

Ardee Industries IPO Timetable

IPO Open Date04 Aug 2026
IPO Close Date06 Aug 2026
Basis of Allotment09 Aug 2026
Initiation of Refunds10 Aug 2026
Credit of Shares to Demat10 Aug 2026
Listing Date11 Aug 2026
Cut-off time for UPI Mandate5 PM on 06 Aug 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Ardee Industries IPO Reservation

CategoryReservationShares Offered
QIB Shares OfferedIncludes Anchor Portion≤ 50.00%4,01,75,973
− Anchor PortionUp to 60% of QIB2,41,05,584
NII (HNI) Shares OfferedsNII (1/3) + bNII (2/3)≥ 15.00%1,20,52,792
Retail Shares Offered≥ 35.00%2,82,03,533

Ardee Industries Anchor Details

Anchor Bid Date03 Aug 2026
Anchor Shares Offered2,41,05,584 Shares
Total Anchor Portion₹127.76 Cr
Lock-in 50% End Date07 Sept 2026 (30 Days)
Lock-in Rem. 50% Date06 Nov 2026 (90 Days)

Ardee Industries IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Retail (Min)1 Lot281 Shares₹14,893
Retail (Max)13 Lots3653 Shares₹1,93,609
S-HNI (Min)14 Lots3934 Shares₹2,08,502
B-HNI (Min)68 Lots19108 Shares₹10,12,724

Ardee Industries Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Ardee Industries IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:138.83x
Investor CategoryShares OfferedShares BiddedSubscription Times
− bNII > ₹10L––2042.00x
− sNII < ₹10L––1021.00x
Retail––100082.00x

Ardee Industries Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
30 Mar 2026₹363.33 Cr₹1168.88 Cr₹84.68 Cr₹147.08 Cr₹147.38 Cr₹182.75 Cr
30 Mar 2025₹262.06 Cr₹743.53 Cr₹33.27 Cr₹65.93 Cr₹62.60 Cr₹165.77 Cr
30 Mar 2024₹196.12 Cr₹463.39 Cr₹8.95 Cr₹28.06 Cr₹29.25 Cr₹142.36 Cr

Ardee Industries Key Valuation & Financial KPIs

ROE81.00%
ROCE44.26%
Debt / Equity1.25x
P/E (Post IPO)19.70
EBITDA Margin12.60%
Market Cap₹2115.6 Cr

About Ardee Industries Limited

Ardee Industries IPO is a book build issue of ₹425.87 crores. The issue is a combination of fresh issue of 6.04 crore shares aggregating to ₹320.00 crores and offer for sale of 2.00 crore shares aggregating to ₹105.87 crores.Ardee Industries IPO bidding started from Aug 5, 2026 and ended on Aug 7, 2026. The allotment for Ardee Industries IPO was finalized on Aug 10, 2026. The shares got listed on NSE and BSE on Aug 12, 2026.Ardee Industries IPO is set final issue price at ₹53 per share. The lot size for an application is 281 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,893 (281 shares) (based on upper price).Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.Refer to Ardee Industries IPO RHP for detailed Information.

Incorporated in 1993, 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. • 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.

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets RatioN/AThreshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Ardee Industries IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosedNot Applicable
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
Kfin TechnologiesLive Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Ardee Industries IPO Registrar & Lead Managers

Registrar of the Issue
Kfin Technologies
040-79615565
Book Running Lead Managers (BRLM)
  • Pantomath Capital Advisors Pvt.Ltd.