Ardee Industries Limited is an Indian company engaged in sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap.
The company’s product portfolio includes high-purity lead and a range of specialised lead alloys such as lead calcium, lead antimony, lead tin, lead silver and lead cadmium alloys. These products are supplied to customers across various industries such as energy storage, e-mobility, automotive and chemicals.
As of March 31, 2025, Ardee Industries has developed a customer base of over 50 customers across India and international markets, catering to industries such as batteries and metals. The company has expanded its global presence by exporting its products to seven countries, including Singapore, Hong Kong, South Korea, Switzerland, the United Arab Emirates, Japan, and the United States of America.
The company operates a manufacturing facility situated in Tirupati district, Andhra Pradesh, spread over approximately 7.61 acres with an installed capacity of 104,025 MTPA. The plant includes advanced lead recycling infrastructure, including rotary furnaces, refining kettles, casting systems and advanced pollution control systems. Its manufacturing facility is certified under ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 35% | -- |
The Company is engaged in the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous metal scrap, supporting the circular economy.
The Company manufactures high-purity lead and specialised lead alloys used across energy storage, e-mobility, automotive, and chemical industries, enabling it to serve a wide customer base across multiple sectors and reduce dependence on a single end market.
Serves a diversified customer base across domestic and international markets, with exports to multiple countries.
Manufacturing operations are supported by internationally recognised ISO certifications for quality, environmental management, and occupational health and safety.
Experienced promoters and a qualified management team with industry knowledge and execution capabilities.
Implementation of hedging strategies to manage commodity price-related risks.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 1,88,25,000 shares of ₹2 (aggregating up to ₹3,76,50,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Ardee Industries ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Khasra No. 340, 1st Floor and 3rd Floor, Village Sultanpur, Mehrauli, Gadaipur, Delhi
Kfin Technologies Ltd.
| Book Running Lead Manager(s) |
|---|
| Pantomath Capital Advisors Pvt.Ltd. |