Ardee Industries Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹13(24.53%)
Premium (ELP)
Ardee Industries Limited's is gearing up for its market debut with an Initial Public Offering aggregating 8,03,52,358 Shares. The fresh issue component of 6,03,77,358 Shares will bolster the company's balance sheet, while the OFS portion of ₹105.87 Cr provides liquidity to existing stakeholders.
The IPO features a competitive price band of ₹50 to ₹53 per share, with the minimum investment requirement set at 281 shares. This structure aims to attract diverse investor participation across market segments.
The public subscription window is slated to open on Aug 05, 2026 and close on Aug 07, 2026. Following the subscription period, allotment will be finalized on Aug 10, 2026, with the stock listing anticipated on Aug 12, 2026 at the NSE, BSE exchange.
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
Ardee Industries Limited
Kfin Technologies Limited