Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

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Ardee Industries Limited

IPO Type:

Mainboard

Status:

Open

Sector:

Lead Recycling / Non-Ferrous Metal Recovery

Exchange:

BSE & NSE

Next

Ardee Industries Limited, incorporated 1993, focuses on sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap, manufacturing high-purity lead and specialised lead alloys (lead calcium, antimony, tin, silver, cadmium alloys) for energy storage, e-mobility, automotive and chemicals sectors. Manufacturing facility in Tirupati district, Andhra Pradesh, ~7.61 acres, installed capacity 1,56,950 MTPA. Served 50+ customers across domestic and international markets, exported to 7 countries. Revenue Rs 1,167.7 Cr (FY26) vs Rs 742.7 Cr (FY25), +57.2%; PAT Rs 84.7 Cr vs Rs 33.3 Cr, +154.5%. Promoters: Sandeep Aggarwal, Nikunj Aggarwal, Esha Gupta. Issue: fresh Rs 320 Cr + OFS 1.99 Cr shares (Rs 105.87 Cr).

Issue Size (Cr)

425.87

x times original subscription

Listing Price (₹)

Issue Dates

Aug 5-7

Price Band

₹50 to ₹53

Allotment Date

10 August 2026

Listing Date

12 August 2026

Lot Size

281

QIB (times x)

NII (timex x)

Retail (times x)

Min Investment (₹)

14893

Registrar

KFin Technologies Ltd

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