IPO - Initial Public Offerings

 AI

  

ARDEE INDUSTRIES LTD. IPO

05 Aug, 10:00 AM

Issue Open

07 Aug, 05:00 PM

Issue Close

281

Lot Size

₹ 50.00 – ₹ 53.00

Price Range

IPO Issue Details

Issue size 426.00 Cr
Market Price 53.00
Registrar Kfin Technologies Ltd.
Face Value RS.2 /- Per share
Listing at NSE BSE

About

ARDEE INDUSTRIES LTD. IPO
Incorporated in 1993, Ardee Industries Limited is a prominent Indian company, with a core focus on the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap. Its product range includes high-purity lead and specialised lead alloys such as lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys. These products are widely used across key sectors, including energy storage, e-mobility, automotive, and chemicals. As of March 31, 2025, Ardee Industries has served over 50 customers across domestic and international markets, spanning the battery and metals industries. The Company has exported its products to seven countries, including Singapore, Hong Kong, South Korea, Switzerland, the United Arab Emirates, Japan, and the United States of America. The Company owns and operates a manufacturing facility spread across approximately 7.61 acres in Tirupati district, Andhra Pradesh, with an installed capacity of 104,025 MTPA. The facility is equipped with advanced lead recycling infrastructure, including rotary furnaces, refining kettles, casting systems, and comprehensive pollution control mechanisms. It is certified under ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 281 ₹ 14,893.00
Retail (Max) 13 3653 ₹ 1,93,609.00
S-HNI (Min) 14 3934 ₹ 2,08,502.00
S-HNI (Max) 67 18827 ₹ 9,97,831.00
B-HNI (Min) 68 19108 ₹ 10,12,724.00

IPO TimeLine

Open Date 05-Aug-2026
Close Date 07-Aug-2026
Basis of Allotment Date 10-Aug-2026
Initiation of Refunds 11-Aug-2026
Credit Shares to Demat A/c 11-Aug-2026
IPO Listing Date 12-Aug-2026