Ardee Industries Ltd. IPO Review 2026: Listing Dates, Allotment, GMP & Overview
Ardee Industries IPO is a Book Built Mainboard IPO opening from August 5 to August 7, 2026. The company plans to raise ₹425.87 crore through a combination of a fresh issue and an Offer for Sale. The IPO has a price band of ₹50 to ₹53 per share, a lot size of 281 shares, and is proposed to be listed on BSE and NSE on August 12, 2026.
Ardee Industries IPO Details
| Particulars | Details |
|---|---|
| IPO Type | Book Built Mainboard IPO |
| Issue Size | ₹425.87 Crore |
| Fresh Issue | ₹320 Crore |
| Offer for Sale | ₹105.87 Crore |
| Price Band | ₹50 - ₹53 per Share |
| Face Value | ₹2 per Share |
| Lot Size | 281 Shares |
| Minimum Retail Investment | ₹14,893 |
| Issue Type | Fresh Issue + OFS |
| Listing | BSE & NSE |
| Lead Manager | Pantomath Capital Advisors Pvt. Ltd. |
| Registrar | Kfin Technologies Ltd. |
Refer to DRHP for detailed information.
About Ardee Industries Ltd.
Ardee Industries Limited, incorporated in 1993, is engaged in the recovery and recycling of end-of-life energy storage products and non-ferrous scrap. The company manufactures high-purity lead and specialised lead alloys, serving industries such as energy storage, e-mobility, automotive, and chemicals.
Its manufacturing facility in Andhra Pradesh has an installed capacity of 104,025 MTPA and is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. The company serves more than 50 customers and exports products to seven countries, including the USA, Japan, South Korea, Singapore, Hong Kong, Switzerland, and the UAE.
Key Strengths
- Leading player in India's circular economy and lead recycling industry.
- Strong customer base and diversified raw material sourcing.
- Commodity price risk management through hedging mechanisms.
- Consistent profitability and experienced management team.
- Advanced manufacturing infrastructure with international certifications.
IPO Timeline
| Event | Date |
|---|---|
| IPO Opens | 05 August 2026 |
| IPO Closes | 07 August 2026 |
| Allotment | 10 August 2026 |
| Refund Initiation | 11 August 2026 |
| Credit of Shares | 11 August 2026 |
| Listing Date | 12 August 2026 |
IPO Allotment & Application Status
Registrar: Kfin Technologies Ltd.
- NSE Bid Status: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- BSE Bid Status: https://www.bseindia.com/investors/appli_check.aspx
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Frequently Asked Questions (FAQs) - Ardee Industries Ltd. IPO
1. When will Ardee Industries IPO open?
The IPO opens on August 5, 2026.
2. What is the price band of Ardee Industries IPO?
The IPO price band is ₹50 to ₹53 per share.
3. What is the lot size of Ardee Industries IPO?
The minimum application lot is 281 shares.
4. What is the minimum investment for retail investors?
The minimum investment required is ₹14,893 at the upper price band.
5. When is the listing date?
The shares are proposed to be listed on BSE and NSE on August 12, 2026.
6. What does Ardee Industries Ltd. do?
Ardee Industries recovers and recycles end-of-life energy storage products and non-ferrous scrap, manufacturing high-purity lead and specialised lead alloys for energy storage, automotive, e-mobility, and industrial applications.
7. Who is the registrar of the IPO?
Kfin Technologies Ltd. is the registrar to the issue.
8. Who is the book-running lead manager?
Pantomath Capital Advisors Pvt. Ltd. is the Book Running Lead Manager for the IPO.
Investor Education Hub: Everything You Need to Know About IPOs
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- Step-by-Step Guide: IPO Process in India
- Understanding IPO Application & Allotment (UPI / ASBA & Eligibility)
- 8 Tips to Improve Your Chances of IPO Allotment
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