Ardee Industries Limited
ListedMainboardMaterials · 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
₹17
+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 about 2 months ago
Overall Subscription
138.83x
Total Demand
QIB Multiplier
202.26x
Institutions & Funds
NII / HNI
266.75x
High Net-Worth
Retail (RII)
47.77x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 16,070,390 | 3,250,436,028 | 202.26x |
| NIB | 12,052,793 | 3,215,058,971 | 266.75x |
| HNIs(10L +) | 8,035,195 | 2,329,123,014 | 289.87x |
| HNIs (2-10L) | 4,017,598 | 885,935,957 | 220.51x |
| RETAIL | 28,123,183 | 1,343,324,434 | 47.77x |
| Total | 68,299,159 | 11,023,878,404 | 138.83x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 100,083 | 3,795,320 | 37.92x |
| HNIs(10L +) | 2,043 | 119,295 | 58.39x |
| HNIs (2-10L) | 1,021 | 215,955 | 211.51x |
| Total Applications | 103,147 | 4,130,570 | 40.05x |
Day-Wise Subscription Progress
About Ardee Industries Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Ardee Industries Limited IPO?
The Ardee Industries Limited IPO aggregate issue size is ₹8,03,51,950 Crores with an equity price band set at ₹50 to ₹53 per equity share. The retail lot size is 281 shares requiring a minimum capital outlay of approx. ₹14,893.
How can I check Ardee Industries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Ardee Industries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-08-10.