Ardee Industries
12 Aug '26MAINBOARD
Min. Investment
₹14,050
Issue size
₹425.87 Cr
GMP
Locked
Overall subscription: 2.62x
Expert verdict
IPO dates
05 Aug
Opening
07 Aug
Closing
10 Aug
Allotment
12 Aug
Listing
*Refunds will be initiated on 11 Aug '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 281 | ₹14,893 |
| HNI (Min) | 14 | 3934 | ₹2,08,502 |
Subscription (as on 05 August 2026, 11:00 AM)
Overall2.62x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1993|MD: Mr Sandeep Aggarwal
- Ardee Industries Limited is engaged in the recycling and recovery of end-of-life energy storage products and non-ferrous scrap, manufacturing pure lead and lead alloys for domestic and international markets. Its product portfolio includes pure lead and lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys, which are used across industries such as energy storage, automotive, e-mobility, and chemicals. The company also manufactures customised lead alloys with purity levels ranging from 99.97% to 99.985% to meet customer-specific requirements. As of March 31, 2026, it served more than 50 customers across India and eight international markets.
- The company operates a manufacturing and recycling facility spread across approximately 7.61 acres in Tirupati, Andhra Pradesh, with an installed recycling capacity of 156,950 MTPA. The facility is equipped with rotary furnaces, refining kettles, casting machines, pollution control systems, and an NABL-accredited in-house testing laboratory. It also holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. The company's brands "Ardee" and "ARDEE LEAD 9997" are listed on the Multi Commodity Exchange (MCX) and the London Metal Exchange (LME), respectively.
Issue Details & Objective
Lot size
281 Shares
Price band
₹50 to 53
Face value
₹2 per share
Financials
IPO reservation
Anchor investor - 30.00%
QIB - 20.00%
HNI - 15.00%
Retail - 35.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Ardee Industries IPO is ₹425.87 Cr
The Ardee Industries IPO will be open for applications from 05 Aug '26 to 07 Aug '26
The lot size of Ardee Industries IPO is 281 Shares and its minimum investment amount is ₹14,050.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Ardee Industries IPO is null
