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

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Ardee Industries Limited

IPO Type:

Mainboard

Status:

Listed

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. Revenue Rs 1,167.65 Cr (FY26) vs Rs 742.74 Cr (FY25); PAT Rs 84.68 Cr vs Rs 33.27 Cr. Promoters: Sandeep Aggarwal, Nikunj Aggarwal, Esha Gupta. Issue: fresh Rs 320 Cr + OFS Rs 105.87 Cr. Final subscription: 133.66x overall (QIB 197.77x, NII 255.25x, Retail 45.71x). Listed Aug 12, 2026: BSE Rs 73.60 (+38.87%), NSE Rs 72 (+35.85%); post-listing market cap ~Rs 2,319.88 Cr.

Issue Size (Cr)

425.87

133.66

x times original subscription

73.6

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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