Ardee Industries IPO is a book build issue of 8,03,52,358 shares (₹425.87 crore). The issue is a combination of a fresh issue of 6,03,77,358 shares (₹320.00 crore) and an offer for sale of 1,99,75,000 shares (₹105.87 crore).
The Ardee Industries IPO will open on August 05, 2026, and close on August 07, 2026. The price band for the IPO is fixed at ₹50 to ₹53 per share. The minimum application size is 1 lot (281 shares), requiring a retail investor to invest at least ₹14,893 (based on the upper price band).
Ardee Industries IPO Details
| Open Date | August 05, 2026 |
| Close Date | August 07, 2026 |
| Issue Type | Book Building Issue |
| Face Value | ₹2.00 Equity Share |
| Price Band | ₹50.00 – ₹53.00 Per Share |
| Listing On | BSE, NSE |
| Issue Size | ₹425.87 Cr. (8,03,52,358 Shares) |
| Fresh Issue | ₹320.00 Cr. (6,03,77,358 Shares) |
| Offer For Sale | ₹105.87 Cr. (1,99,75,000 Shares) |
| Prospectus | RHP | Anchor Investors |
Ardee Industries IPO Reservation
A total of 8,03,52,358 shares are on offer in the Ardee Industries IPO, of which 18,89,000 shares have been allotted to QIBs, 1,20,52,854 shares to NIIs, and 2,81,23,325 shares to RIIs.
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB | 50.00% | 4,01,76,179 |
| NII | 15.00% | 1,20,52,854 |
| RII | 35.00% | 2,81,23,325 |
| Total | 100.00% | 8,03,52,358 |
Ardee Industries IPO Market Lot
Retail investors can apply for the Ardee Industries IPO with a minimum 1 lot of 281 shares for an application amount of ₹14,893 and a maximum of 13 lots of 3,653 shares for an amount of ₹1,93,609.
| Application | Lot | Shares | Amount |
| Retail Minimum | 1 | 281 | ₹14,893 |
| Retail Maximum | 13 | 3,653 | ₹1,93,609 |
| S-HNI Minimum | 14 | 3,934 | ₹2,08,502 |
| S-HNI Maximum | 67 | 18,827 | ₹9,97,831 |
| B- HNI Minimum | 68 | 19,108 | ₹10,12,724 |
Key Performance Indicator
| KPI [March 31, 2026] | Value |
| Market Capitalisation | ₹1,670.57 Cr. |
| P/E Ratio | 15.96x |
| EPS | ₹3.32 |
| ROE | 81.00% |
| ROCE | 44.26% |
| RoNW | 57.46% |
| Dept/Equity | 1.25 |
| EBITDA Margin | 12.60% |
| PAT Margin | 7.25% |
| Net Assets Value | ₹5.78 |
| Price To Book Value | — |
Ardee Industries IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
| Gravita India Limited | 35.37x | ₹52.02 | 15.43% | ₹332.16 |
| Pondy Oxides and Chemicals Limited | 31.94x | ₹43.98 | 16.73% | ₹258.39 |
| Jain Resources Recycling Limited | 33.57x | ₹10.25 | 22.25% | ₹45.24 |
Ardee Industries IPO Dates
Ardee Industries IPO open for subscription August 05, 2026, and close date on August 07, 2026. The allotment will be finalized on August 10, 2026, and the IPO listing on August 12, 2026.
| Open Date | August 05, 2026 |
| Close Date | August 07, 2026 |
| Allotment Date | August 10, 2026 |
| Refund Date | August 11, 2026 |
| Share Credit Date | August 11, 2026 |
| Listing Date | August 12, 2026 |
Ardee Industries Limited Company Financial Report
| Period Ended | Total Assets | Total Income | Total Expenses | Net Worth | Profit After Tax | EBITDA | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|---|---|
| March 2026 | ₹363.33 Cr. | ₹1,168.88 Cr. | ₹1,055.94 Cr. | ₹147.38 Cr. | ₹84.68 Cr. | ₹147.08 Cr. | ₹96.42 Cr. | ₹182.75 Cr. |
| March 2025 | ₹262.06 Cr. | ₹743.53 Cr. | ₹698.88 Cr. | ₹62.60 Cr. | ₹33.27 Cr. | ₹65.93 Cr. | ₹59.42 Cr. | ₹165.77 Cr. |
| March 2024 | ₹196.12 Cr. | ₹463.39 Cr. | ₹451.61 Cr. | ₹29.25 Cr. | ₹8.95 Cr. | ₹28.06 Cr. | ₹26.06 Cr. | ₹142.36 Cr. |
Company Promoters
- Esha Gupta
- Mikunj Aggarwal
- Sandeep Aggarwal
| Holding Pre Issue | 23,31,25,700 Shares | 91.48% |
| Holding Post Issue | 21,31,50,700 Shares | 67.62% |
Ardee Industries IPO Lead Managers
- Pantomath Capital Advisors Private Limited
Ardee Industries IPO Registrar
Kfin Technologies Limited
Phone: 040-79615565
Email: ardeeindustries.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Note: Check Ardee Industries IPO Allotment Status Visit IPO Investors Allotment Page And Search Your Registrar IPO Allotment Status Link. Clic k Here…
About Ardee Industries Limited
Established in 1993, Ardee Industries Limited is a well-known Indian company engaged in the circular economy, primarily focused on the sustainable recovery and recycling of non-ferrous scrap and end-of-life energy storage products. Over the past few decades, the company has developed strong capabilities in producing high-purity refined lead and a variety of specialty lead alloys, including lead-calcium, lead-antimony, lead-tin, lead-silver, and lead-cadmium formulations. These specialized products serve as essential raw materials for critical industries such as energy storage, automotive manufacturing, e-mobility infrastructure, and chemical processing.
The company operates an advanced manufacturing facility spread over approximately 7.61 acres in Tirupati district, Andhra Pradesh. With an installed production capacity of 104,025 MTPA, the plant is designed with a strong focus on operational safety and environmental management, equipped with modern rotary furnaces, refining kettles, automated casting systems, and robust pollution control mechanisms. Demonstrating its commitment to high operational standards, the facility also holds ISO certifications for quality management, environmental management, and occupational health and safety.
Ardee Industries maintains a strong market presence due to its robust raw material sourcing, reliable operational execution, and proven commodity hedging mechanisms that help mitigate the risk of raw material price fluctuations. For your information, as of March 31, 2025, the company served over 50 domestic and international clients in the battery and metals sectors, and exported its refined products to seven key global markets, including Singapore, Hong Kong, South Korea, Switzerland, the United Arab Emirates, Japan, and the United States. With experienced promoters, a professional leadership team, and a consistent track record of financial performance, the company remains a well-positioned player in the Indian recycling and metals industry.
Company Address
Ardee Industries Limited
Khasra No. 340, 1st Floor and 3rd Floor,
Village Sultanpur,
Mehrauli, Gadaipur,
Delhi, New Delhi, 110030
Phone: +91 11 4760 021
Email: cs@ardeeindustries.com
Website: https://ardeeindustries.com/
Ardee Industries IPO FAQs
What is Ardee Industries IPO?
Ardee Industries IPO is a MainBoard IPO of 8,03,52,358 equity shares of the face value of ₹2 aggregating up to ₹425.87 Crores. The IPO issue priced at ₹50 to ₹53 per share.
What are the open and close dates of the Ardee Industries IPO?
The IPO will open on August 05, 2026 and will close on August 07, 2026.
What is the price band for Ardee Industries IPO?
The price band for the IPO is fixed at ₹50 to ₹53 per share.
What is the issue size of the Ardee Industries IPO?
The total issue size of the IPO is ₹425.87 Cr., comprising both fresh issue and offer for sale (if applicable).
What is Ardee Industries IPO Minimum and Maximum Lot Size?
The minimum bid is 1 Lot, 281 Shares with ₹14,893 amount while the maximum bid is 13 Lot, 3,653 shares with ₹1,93,609 for the IPO.
What is Ardee Industries IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35% for the IPO.
When will the basis of allotment for the Ardee Industries IPO be finalized?
The the IPO allotment is expected to be finalized on August 10, 2026.
When will the shares of Ardee Industries IPO get listed?
The IPO shares are expected to be listed on the BSE and NSE on August 12, 2026.
This content has been researched and written by the IPO Investors Team…
Disclaimer: Readers are strongly advised to seek guidance from a qualified financial advisor before making any investment decisions. Relying solely on the content presented here for financial choices is done entirely at the reader’s own risk.
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