Ardee Industries IPO

· Closed

Mainboard IPO · Registrar: Kfin Technologies Ltd.

GMP last updated: 1 Aug 2026, 2:20 am

Current GMP

₹7

Estimated listing gain: ~13.2%

About Ardee Industries

Ardee Industries Limited, incorporated in 1993, is engaged in the recovery and recycling of end-of-life energy storage products and non-ferrous scrap. The company manufactures high-purity lead (99.97%-99.985% purity) and specialised lead alloys — lead-calcium, lead-antimony, lead-tin — for the energy storage, e-mobility, automotive, and chemicals industries. Its manufacturing facility in Naidupet, Andhra Pradesh is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018, and the company exports to markets including the USA, Japan, South Korea, Singapore, and Switzerland.

Price Band	₹50 – ₹53
Lot Size	281
Minimum Investment	₹14,893
Issue Details	Fresh Issue: ₹320 Cr \| Offer for Sale: ₹105.87 Cr \| Total Issue Size: ₹425.87 Cr
Open Date	2026-08-05
Close Date	2026-08-07
Allotment Date	2026-08-10
Listing Date	2026-08-12
Listing Exchanges	BSE, NSE
Registrar	Kfin Technologies Ltd.
Lead Manager	Pantomath Capital Advisors Pvt. Ltd.
Quota Details	QIB: 50% \| NII (HNI): 15% \| Retail: 35%

Financials

Revenue: ₹1,168.88 Cr (FY26) vs ₹743.53 Cr (FY25) Net Profit: ₹84.68 Cr (FY26) vs ₹33.27 Cr (FY25)

Subscription Status

Subscription data awaited — updates once bidding opens on Aug 5.

Fundamentals & Outlook

Educational purposes only.This score and outlook reflect the Stocksbaaz team’s own analysis. It is not investment advice — please do your own research before investing.

Short Term

bearish

Mid Term

—

Long Term

—

How we track GMP: Grey Market Premium is manually tracked and updated by the Stocksbaaz team from grey market activity. It is an unofficial indicator, not verified or endorsed by SEBI, NSE, or BSE, and should not be the sole basis for any investment decision.

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