Ardee Industries IPO Logo

Ardee Industries IPO - GMP, Subscription, Price, Dates & Financial Details

05 August - 07 August 2026
Mainboard BSE,NSE
Upcoming

Ardee Industries IPO is set to open its Initial Public Offering (IPO) for subscription on August 05, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹426 Crore, comprising a fresh issue of 6.04 Crore equity shares aggregating to ₹320.00 Crore and an offer for sale (OFS) of 2.00 Crore equity shares aggregating to ₹105.87 Crore by the existing shareholders.

The Ardee Industries IPO will open for subscription on August 05, 2026, and close on August 07, 2026. The basis of allotment is expected to be finalized on August 10, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on August 12, 2026.

The company has fixed the price band at ₹50 to ₹53 per share, with a lot size of 281 shares. Retail investors will require a minimum investment of ₹14,893 (based on the upper price band) to apply for one lot.

KFin Technologies Limited is the registrar to the issue. Pantomath Capital Advisors Pvt Ltd are the Book Running Lead Managers (BRLMs) to the issue.

Before investing in the Ardee Industries IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on August 07, 2026.

Price Band
₹ 50 – 53
Lot Size
281
Issue Size
₹425.87 Cr
Minimum Investment
₹ 14,893 (281 Shares)
Listing Date
12 August 2026

Current GMP

₹0 (0.00%)

Open Date 05 August, 2026
Close Date 07 August, 2026
Market Cap 1,670.57 Crore
Industry Metal - Non Ferrous
Sector Non - Ferrous Metals
Subscription 0x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About Ardee Industries Limited

Ardee Industries Limited is an Indian company engaged in the sustainable recovery, recycling, and processing of end-of-life energy storage products and non-ferrous metal scrap. The company focuses on environmentally responsible recycling practices to recover valuable resources and manufacture high-quality lead and lead-based alloy products for various industrial applications.

The company’s product portfolio comprises high-purity refined lead and specialized lead alloys, including lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys. These products are primarily supplied to industries such as energy storage, electric mobility, automotive, chemicals, and other metal-intensive sectors, where they serve as critical raw materials for manufacturing and industrial processes.

As of March 31, 2025, Ardee Industries Limited has established a customer base of more than 50 clients across domestic and international markets, including customers from the battery and metals industries. The company has expanded its global presence by exporting its products to seven countries, namely Singapore, Hong Kong, South Korea, Switzerland, the United Arab Emirates, Japan, and the United States of America.

The company owns and operates a state-of-the-art manufacturing facility located in the Tirupati district of Andhra Pradesh, spread across approximately 7.61 acres. The facility has an installed production capacity of 104,025 metric tonnes per annum (MTPA) and is equipped with advanced recycling and processing infrastructure, including rotary furnaces, refining kettles, casting systems, and integrated pollution control systems. These facilities enable the company to efficiently process recyclable materials while maintaining consistent product quality and adhering to environmental standards.

Ardee Industries Limited follows robust quality, environmental, and occupational health and safety management systems. The company’s manufacturing facility is certified under ISO 9001:2015 for quality management systems, ISO 14001:2015 for environmental management systems, and ISO 45001:2018 for occupational health and safety management systems, reflecting its commitment to operational excellence, sustainability, and workplace safety.

Through its advanced recycling capabilities, diverse product portfolio, global customer base, and focus on sustainable practices, Ardee Industries Limited continues to strengthen its position in the non-ferrous metal recycling and lead manufacturing industry.

Ardee Industries IPO Promoters

  1. Esha Gupta
  2. Mikunj Aggarwal 
  3. Sandeep Aggarwal


Promoters Holding

Holding Pre Issue

100.00%

Holding Post Issue

74.51%

Ardee Industries IPO Objective

The Company proposes to utilise the Net Proceeds from the Issue towards 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 

Ardee Industries Limited Address / Contact Details

Ardee Industries Limited
Khasra No. 340, 1st Floor and 3rd Floor,
Village Sultanpur, Mehrauli, Gadaipur,
Delhi, New Delhi, 11003
Tel: +91 11 4760 0214
E-mail Id:cs@ardeeindustries.com
Website:http://www.ardeeindu/

IPO Snapshot

Face Value₹2 per share
Price Band ₹ 50 – 53
Lot Size281
Issue TypeBook-building IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 320.00 Cr
Offer for Sale₹ 105.87 Cr
Total Issue Size₹ 425.87 Cr
Listing AtBSE & NSE
IndustryMetal - Non Ferrous
SectorNon - Ferrous Metals
QIB Quota0%
Retail Quota0%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Ardee Industries IPO?

Ardee Industries IPO is a Book-building IPO with a total issue size of ₹425.87 crore. The Ardee Industries IPO price band is ₹50 to 53 per share. The Ardee Industries IPO subscription opens on Wed, Aug 5, 2026, and closes on Fri, Aug 7, 2026. The Ardee Industries IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Ardee Industries IPO.

When will the Ardee Industries IPO open for subscription?

The Ardee Industries IPO opens on Wed, Aug 5, 2026 and closes on Fri, Aug 7, 2026

What is Ardee Industries IPO Price Band?

Ardee Industries IPO Price Band is ₹50 to 53 per share.

What is Ardee Industries IPO Lot Size?

Ardee Industries IPO lot size is 281 shares, Retail investors need a minimum investment of ₹14893 based on the upper price band

What is the minimum investment for Ardee Industries IPO?

The minimum investment for Ardee Industries IPO is ₹14893, based on one lot of 281 shares at the upper price band of ₹53 per share.

How to apply for Ardee Industries IPO?

Investors can apply for the Ardee Industries IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 7, 2026. The application amount remains blocked until the Ardee Industries IPO allotment is finalized.

What is Ardee Industries IPO Issue Size?

Ardee Industries IPO issue size is ₹425.87 crores.

What is the Ardee Industries IPO Allotment Date?

Ardee Industries IPO allotment date is Mon, Aug 10, 2026.

Who is the Ardee Industries IPO Registrar?

The registrar for Ardee Industries IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Ardee Industries IPO allotment status, refund processing, and other IPO-related information.

Who is the Ardee Industries IPO Lead Manager?

The book-running lead managers (BRLMs) for the Ardee Industries IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Ardee Industries IPO Red Herring Prospectus (RHP).