
Materials · NSE / BSE
Ardee Industries Limited is an Indian company focused on sustainable recycling and recovery of end-of-life energy storage products and non-ferrous scrap, primarily producing high-purity lead and specialised lead alloys such as lead calcium, lead antimony, lead tin, lead silver, and lead cadmium, which are widely used in sectors like energy storage, e-mobility, automotive, and chemicals. The company serves over 50 customers across domestic and international markets and exports to countries including Singapore, Hong Kong, South Korea, Switzerland, the UAE, Japan, and the USA. It operates a manufacturing facility in Tirupati district, Andhra Pradesh, spread over about 7.61 acres with a strong production capacity and advanced recycling infrastructure, supporting efficient and environmentally responsible operations.
Price Band
₹50 – ₹53
Issue Size
₹8035.19 L Cr
Lot Size
281 shares
GMP
+32.1%
Est. Listing
₹70
at current GMP
Subscribed
138.83x
overall
Open
5 Aug 2026
Close
7 Aug 2026
Allotment
10 Aug 2026
Refund
11 Aug 2026
Demat Credit
12 Aug 2026
Listing
12 Aug 2026
Last updated: 12 Aug 2026
Current Premium
Issue Price (Upper)
₹53
Band: ₹50 – ₹53
Estimated Listing Price
₹70
Upper price + GMP
Lot Size
281 shares
Min investment ₹14,893
Estimated Profit / Lot
₹4,777
281 × ₹17
Grey Market Premium trend
+₹17
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹17 | 32.1% | ₹70 |
| 26 Sep 2026 | +₹17 | 32.1% | ₹70 |
| 25 Sep 2026 | +₹15 | 28.9% | ₹68 |
GMP is unofficial market data. Not a guarantee of listing performance.
Ardee Industries Limited is bringing an initial public offering (IPO) in the Materials sector with an aggregate issue size of ₹8,03,51,950 Crores. The shares are offered at a price band of ₹50 to ₹53 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 281 shares (approx. ₹14,893 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-08-12, while un-allotted funds or UPI block mandates will be released on 2026-08-11.
The latest grey market premium for Ardee Industries Limited IPO is ₹17, which indicates an expected listing price of ₹70.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.