
Ardee Industries IPO
ARDEE
Open Date
05 Aug '26
Close Date
07 Aug '26
Price Range
₹50 - ₹53
Min Investment
₹14,893
Lot Size
281
Listing at
NSE
Issue Size
5,84,22,516
IPO Document
Free Demat with Zero AMC*
+ Free 1st Year AMC
About Ardee Industries Limited IPO
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.
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 acro
Ardee Industries IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 2,92,11,258 crores |
| Non-Institutional Investors (NIIs) | 15% | 87,63,377.4 crores |
| Retail Individual Investors (RIIs) | 35% | 2,04,47,880.6 crores |
Ardee Industries IPO Strengths & Weaknesses
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.
The Company is required to meet strict quality standards and incur costs to maintain product quality. Any failure to meet these standards could result in loss of orders, reputational damage, and an adverse impact on financial performance.
The Company's manufacturing operations are dependent on contract labour. Any shortage of labour, increase in labour costs, strikes, or regulatory changes could affect operations and profitability.
The Company does not have long-term agreements with most customers, which may impact revenue visibility and customer retention.
Fluctuations in lead and raw material prices may impact production costs, margins, and overall financial performance.
The Company's limited operating history may make it difficult to assess future growth prospects and financial performance based on past results.
The Company is exposed to foreign currency fluctuations due to its international business activities, which may impact profitability.
Ardee Industries IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 10 Aug '26 | 12 Aug '26 | 11 Aug '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹2 per share |
| Total Issue Size | 5,84,22,516 shares (aggregating up to ₹14,893 crores) |
| Fresh Issue | 3,01,88,475 shares (aggregating up to ₹6,03,76,950 crores) |
| Offer for Sale | 99,87,500 shares of ₹2 (aggregating up to ₹1,99,75,000 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 0 shares |
Ardee Industries IPO Lot Size and Investment Details
| 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.
How to Apply for Ardee Industries IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Ardee Industries IPO Contact & Registrar Details
Contact Details
Address
Khasra No. 340, 1st Floor and 3rd Floor, Village Sultanpur, Mehrauli, Gadaipur, Delhi
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Pantomath Capital Advisors Pvt.Ltd. |