ARDEE INDUSTRIES IPO
ARDEE INDUSTRIES is a MAINBOARD IPO with a current status of LISTED. The price band is 50 - 53. The issue opens on 05 AUG and closes on 07 AUG. The listing date is 12 AUG.
Price Band
50 - 53
Unofficial GMP
₹14
Lot Size
281 shares
Minimum Investment
₹14,893
ARDEE INDUSTRIES IPO GMP
The latest available GMP is ₹14. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹67.00
Estimated Gain
+26.4%
ARDEE INDUSTRIES IPO GMP History
7.5
03 AUG
8
04 AUG
15
05 AUG
14
06 AUG
14.50
07 AUG
16
09 AUG
14
11 AUG
ARDEE INDUSTRIES IPO Details
- IPO Type
- MAINBOARD
- Status
- LISTED
- Price Band
- 50 - 53
- Issue Size
- 425.87 Cr
- Issue Type
- BOOK BUILD
- Fresh Issue
- ₹320.00 C
- Offer for Sale
- ₹105.87 Cr
- Face Value
- 2
- Lot Size
- 281
- Minimum Investment
- 14,893
- Exchange
- BSE, NSE
- Registrar
- Kfin Technologies Ltd.
- Lead Managers
- Pantomath Capital Advisors Pvt.Ltd.
ARDEE INDUSTRIES IPO Dates
- Open Date
- 05 AUG
- Close Date
- 07 AUG
- Allotment Date
- 10 AUG
- Refund Date
- 10 AUG
- Demat Credit Date
- 10 AUG
- Listing Date
- 12 AUG
ARDEE INDUSTRIES IPO Subscription
- QIB
- 197.77X
- NII / HNI
- 255.03X
- Retail
- 45.11X
- Total
- 133.31X
ARDEE INDUSTRIES IPO Financials
Revenue
FY2026
₹1,167.65 Cr
+57.21% vs FY2025
PAT
FY2026
₹84.68 Cr
+154.52% vs FY2025
Total Assets
FY2026
--
Growth unavailable
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 462.96 | 742.73 | 1,167.65 |
| Net Profit | 8.95 | 33.27 | 84.68 |
ARDEE INDUSTRIES IPO Valuation
- Market Cap (Post IPO)
- ₹1670.57 Cr
- EPS
- 3.32
- Diluted EPS
- 3.32
- P/E Ratio
- 15.96X
- Price to Book Value
- 2.91X
- Industry P/E
- 30.79X
- Book Value
- 21.54
- Debt / Equity
- 1.25X
- Valuation
- FAIR
ARDEE INDUSTRIES Peer Comparison
| Peer | Revenue | PAT | EPS | P/E | ROE | RONW | Debt / Equity |
|---|---|---|---|---|---|---|---|
| GRAVITA INDIA | 4,265.36 | 378.33 | -- | 35.37 | -- | -- | -- |
| PONDY OXIDES &CHEMICALS | 2,958.36 Cr | 131.87 | 48.98 | 31.94 | -- | -- | -- |
| JAIN RESOURCE RECYLING | 9,543.11 | 347.40 | 10.25 | 33.57 | -- | -- | -- |
ARDEE INDUSTRIES IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 1 | 281 | 14,893 |
| Retail Maximum | 13 | 3,653 | ₹1,93,609 |
| Small HNI | 14 | 3,934 | ₹2,08,502 |
| Big HNI | 68 | 19,108 | ₹10,12,724 |
ARDEE INDUSTRIES IPO Reservation
- QIB
- 50.00%
- NII / HNI
- 15.00%
- Retail
- 35.00%
ARDEE INDUSTRIES Company Overview
Company Overview Ardee Industries Limited is engaged in the recycling of lead-acid batteries and non-ferrous metal scrap. The company manufactures pure lead, lead alloys, copper, aluminium and other recycled metals, which are supplied mainly to battery manufacturers and industrial customers in India and overseas. It focuses on environmentally responsible metal recovery and circular economy solutions.
ARDEE INDUSTRIES Business Model
Business Model 1. Procures used batteries and non-ferrous scrap. 2. Recycles and refines the material using in-house processing facilities. 3. Produces value-added metals such as pure lead and lead alloys. 4. Supplies products to battery manufacturers, cable companies and industrial customers. 5. Revenue comes from domestic sales as well as exports.
ARDEE INDUSTRIES Objects of the Issue
Objects of the Issue 1. Funding incremental working capital requirements. 2. General corporate purposes. 3. Support future business expansion and operational growth.
ARDEE INDUSTRIES Strengths
Strengths 1.One of India's integrated lead recycling and non-ferrous metal manufacturers. 2.Strong revenue and profit growth. 3. Healthy EBITDA and PAT margins. 4. Benefits from increasing demand for battery recycling and sustainable metal recovery. 5. Long-term relationships with industrial and battery customers. 6. Manufacturing facility located near a major port, supporting exports
ARDEE INDUSTRIES Frequently Asked Questions
What is the ARDEE INDUSTRIES IPO price band?
The ARDEE INDUSTRIES IPO price band is 50 - 53.
What is the latest ARDEE INDUSTRIES IPO GMP?
The latest available ARDEE INDUSTRIES IPO GMP in the IPOWEB database is ₹14. GMP is unofficial and does not guarantee a listing gain.
When does the ARDEE INDUSTRIES IPO open and close?
The ARDEE INDUSTRIES IPO opens on 05 AUG and closes on 07 AUG.
When is the ARDEE INDUSTRIES IPO allotment date?
The ARDEE INDUSTRIES IPO allotment date is 10 AUG.
When is the ARDEE INDUSTRIES IPO listing date?
The ARDEE INDUSTRIES IPO listing date is 12 AUG.
What is the ARDEE INDUSTRIES IPO subscription?
The latest total subscription available for the ARDEE INDUSTRIES IPO is 133.31X.