Ardee Industries Limited
IPO Details
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Company Fin.
₹7(13.21%)
Premium (ELP)
Subscription for Ardee Industries Limited's Initial Public Offering is currently underway, targeting total proceeds of 8,03,52,358 Shares. The offering composition includes 6,03,77,358 Shares in new capital infusion and ₹105.87 Cr in existing shareholder sales.
The active price band of ₹50 to ₹53 and minimum lot requirement of 281 shares define the current investment parameters. Market participants are actively evaluating this opportunity during the subscription window.
The application deadline is fast approaching on Aug 07, 2026. Following Subscription closure, allotment will be processed on Aug 10, 2026, leading to the anticipated listing on Aug 12, 2026 at the NSE, BSE exchange platform.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Ardee Industries Limited is an Indian company focused on sustainable recycling and recovery of end-of-life energy storage products and non-ferrous scrap, primarily producing high-purity lead and specialised lead alloys such as lead calcium, lead antimony, lead tin, lead silver, and lead cadmium, which are widely used in sectors like energy storage, e-mobility, automotive, and chemicals. The company serves over 50 customers across domestic and international markets and exports to countries including Singapore, Hong Kong, South Korea, Switzerland, the UAE, Japan, and the USA. It operates a manufacturing facility in Tirupati district, Andhra Pradesh, spread over about 7.61 acres with a strong production capacity and advanced recycling infrastructure, supporting efficient and environmentally responsible operations.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Leading Player in Lead Recycling: The company is one of India's leading secondary lead recyclers, supporting sustainable resource utilization through its recycling operations.
- Effective Commodity Price Risk Management: The company uses hedging strategies to reduce the impact of fluctuations in commodity prices and support stable financial performance.
- Strong Customer Base & Raw Material Sourcing: Long-term customer relationships and a reliable raw material procurement network help ensure smooth production and timely product deliveries.
- High Customer Concentration: A significant portion of the company's revenue comes from a few major customers. Losing any key customer could affect business performance and cash flow.
- Dependence on Battery & Metal Industries: Most of the company's revenue comes from the battery and metal sectors. Any slowdown in these industries could impact demand and profitability.
- Strict Quality Compliance Risk: The company must meet strict quality standards. Failure to maintain product quality could lead to order cancellations, reputational damage, and financial losses.
- Sandeep Aggarwal
- Mikunj Aggarwal
- Esha Gupta
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