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Ardee Industries Ltd IPO

Listed Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹14,893
281 shares · 1 lot

Ardee Industries Ltd IPO was priced at ₹50–₹53 per share with an issue size of ₹426 crore. The IPO opened on Aug 05, 2026 and closed on Aug 07, 2026, with a lot size of 281 shares and a minimum investment of ₹14,893.

Open
05 Aug
Close
07 Aug
Allotment
10 Aug
Refund
11 Aug
Listing
12 Aug

Market Sentiment

Grey Market Premium

Full history →
+₹16.00 +30.2%
Est. listing: ₹69
Updated 10 Aug 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →
14.72x
Total subscription · 12,87,654 applications
QIB 1.33x
NII (HNI) 31.93x
bNII (> ₹10L) 29.52x
sNII (₹2L - ₹10L) 36.76x
Retail 14.99x
Updated 06 Aug 2026, 5:05 PM

IPO Details

Price Band ₹50.00 - ₹53.00 per share
Lot Size281 shares
Min Investment₹14,893
Total Issue Size ₹426.00 crore
Shares Offered8,03,52,358
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Pantomath Capital Advisors Pvt.Ltd.
RegistrarKfin Technologies Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹53 · lot size 281 shares · estimated listing price ₹69 (GMP +₹16)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 281 ₹14,893 ₹19,389 +₹4,496
Retail (Max) 13 3,653 ₹1,93,609 ₹2,52,057 +₹58,448
S-HNI (Min) 14 3,934 ₹2,08,502 ₹2,71,446 +₹62,944
S-HNI (UPI limit) 33 9,273 ₹4,91,469 ₹6,39,837 +₹1,48,368
S-HNI (Max) 67 18,827 ₹9,97,831 ₹12,99,063 +₹3,01,232
B-HNI (Min) 68 19,108 ₹10,12,724 ₹13,18,452 +₹3,05,728
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹3.32
P/E (Post)
19.7 x
RoNW
57.46%
RoCE
44.26%
Net Worth
₹147.38 Cr
MetricLatest Reported
Total Income₹1168.88 Cr
Profit After Tax₹84.68 Cr
Net Worth₹147.38 Cr

Promoters & Holding

Promoters: Esha Gupta, Mikunj Aggarwal, Sandeep Aggarwal

Promoter Holding (Pre-Issue)234125700%
Promoter Holding (Post-Issue)213150700%

Strengths & Risks

Strengths

  • One of India’s leading players in circular economy with a proven track record with demonstrated operational stability.
  • Application of Hedging Mechanism for Commodity Price Risk Related Protection.
  • Strong customer base along with robust raw materials sourcing capabilities.
  • Track record of profitability and consistent financial performance.
  • Experienced promoters and professional management team.

Risks & Concerns

  • The company operates in a highly competitive industry.
  • Fluctuations in commodity prices may impact profitability.
  • Regulatory changes may affect operations.
  • Dependence on a limited number of customers for a significant portion of revenue.
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Ardee Industries Limited is a prominent Indian company focused on the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap.

Founded1993
HeadquartersDelhi, India
IndustryRecycling
Websitehttps://ardeeindustries.com/

Objects of the Issue

  • Funding incremental working capital requirement of Company
  • Repayment and/or pre-payment, in full or in part, of certain borrowings availed by Company
  • General Corporate Purposes

Registrar & Allotment

RegistrarKfin Technologies Ltd.
Phone040-79615565
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Ardee Industries Ltd IPO — dates, pricing, allotment and listing.

Ardee Industries Ltd IPO is a bookbuilding ipo of ₹426 crore. The issue was priced at ₹50–₹53 per share, with a lot size of 281 shares. Bidding ran from Wed, 05 Aug 2026 to Fri, 07 Aug 2026, with shares listed on BSE and NSE.

The price band was ₹50–₹53 per share.

One lot was 281 shares. Bids had to be placed in multiples of 281.

A retail investor needed at least ₹14,893 – one lot of 281 shares at ₹53, the upper end of the price band.

Ardee Industries Ltd IPO opened on Wed, 05 Aug 2026 and closed on Fri, 07 Aug 2026.

Allotment was finalised on Mon, 10 Aug 2026.

Ardee Industries Ltd shares were listed on Wed, 12 Aug 2026 on BSE and NSE.

The company intended to use the net proceeds towards funding incremental working capital requirement of company, repayment and/or pre-payment, in full or in part, of certain borrowings availed by company and general corporate purposes.

Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Ardee Industries Ltd IPO subscription page, and on the BSE and NSE websites.

From Mon, 10 Aug 2026, check the Ardee Industries Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.