Ardee Industries Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Ardee Industries Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
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.
- Strong Presence in Metal Recycling: Focuses on recycling and processing of non-ferrous metals, benefiting from increasing demand for sustainable and cost-efficient raw materials.
- Diverse End-Use Industries: Supplies to sectors like batteries, automotive, and industrial applications, helping reduce dependence on a single segment.
- Scalable Business Growth: Expansion in capacity and improving operations support long-term growth potential and better efficiency.
- Raw Material Price Fluctuation: Profitability is sensitive to changes in scrap and metal prices, which can be highly volatile.
- Working Capital Intensive: Requires continuous funding for procurement of scrap, inventory management, and operational cycles.
- Margin Pressure Risk: Competitive industry and fluctuating input costs can impact overall margins
- Sandeep Aggarwal
- Mikunj Aggarwal
- Esha Gupta
Ardee Industries Limited
Kfin Technologies Limited