Minimum Investment
About Company
Company Name: Ardee Industries Limited
Industry / Sector: Metal Recycling & Refined Lead Alloys
Founded Year: 1993
Promoters: Sandeep Aggarwal, Nikunj Aggarwal
Incorporated in 1993, Ardee Industries Limited is a prominent Indian company specializing in the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap. It manufactures refined lead and specialized lead alloys (including lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys) serving energy storage, e-mobility, automotive, and chemical industries. The company operates an integrated manufacturing facility in the Tirupati district of Andhra Pradesh.
IPO Basic Details
| Company Name | Ardee Industries Limited |
| IPO Type | Mainboard IPO |
| Price Band | ₹50 – ₹53 |
| Lot Size | 281 Shares |
| Total Issue Size | 8,03,52,358 Equity Shares (₹425.87 Cr) |
IPO Strengths & Risks
Strengths
- Established player in sustainable lead recycling and scrap recovery
- Integrated manufacturing facility in Andhra Pradesh with modern infrastructure
- Diverse portfolio of customized lead alloys for critical applications
- Strong presence in automotive, energy storage, and e-mobility supply chains
- Experienced management and promoter leadership
Risks
- Dependency on uninterrupted supply of lead scrap and battery waste
- Strict environmental, safety, and health regulatory compliance requirements
- Volatility in international commodity prices for lead
- Geographic concentration with a single integrated manufacturing setup
IPO Important Dates
| IPO Open Date | 05 Aug 2026 |
| IPO Close Date | 07 Aug 2026 |
| Basis of Allotment | 10 Aug 2026 |
| Refund Initiation | 11 Aug 2026 |
| Demat Credit Date | 11 Aug 2026 |
| Listing Date | 12 Aug 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | Not more than 50% of the Net Offer |
| Retail Quota | Not more than 35% of the Net Offer |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 281 | ₹14,893 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 14 Lots | 3,934 | ₹2,08,502 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 68 Lots | 19,108 | ₹10,12,724 |
Key Performance Indicators (KPI)
| ROE | 81.00% (Mar 2026) |
| ROCE | 44.26% (Mar 2026) |
| RoNW | 57.46% (Mar 2026) |
| PAT Margin | 7.25% (Mar 2026) |
| EBITDA Margin | 12.60% (Mar 2026) |
| EPS | - |
| NAV per share | - |
| Debt to Equity | 1.25 (Mar 2026) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 (31 Mar 2026) | ₹363.33 Cr | ₹1,168.88 Cr | ₹84.68 Cr | ₹147.08 Cr | ₹147.38 Cr | ₹182.75 Cr |
| FY2025 (31 Mar 2025) | ₹262.06 Cr | ₹743.53 Cr | ₹33.27 Cr | ₹65.93 Cr | ₹62.60 Cr | ₹165.77 Cr |
| FY2024 (31 Mar 2024) | ₹196.12 Cr | ₹463.39 Cr | ₹8.95 Cr | ₹28.06 Cr | ₹29.25 Cr | ₹142.36 Cr |
Grey Market Premium
| GMP Price | ₹10 |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | 30 Jul 2026 |
| Estimated Listing Price | ₹63 (18.87% Expected Gain) |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://www.kfintech.com
IPO Lead Manager(s)
Company Information
Address: Khasra No. 340, 1st Floor and 3rd Floor, Delhi, India
Website: https://www.ardeeindustries.com/
Email: ardeeindustries.ipo@kfintech.com
Phone: 040-79615565
IPO Documents
Frequently Asked Questions (FAQ)
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