IPO Timeline
About Ardee Industries IPO
Ardee Industries Limited is a leading player in India’s circular economy, engaged in the environmentally responsible recovery and recycling of end-of-life energy storage products and non-ferrous scrap. The company manufactures pure lead and customised lead alloys, including lead calcium, lead antimony, lead tin, lead silver and lead cadmium alloys, serving industries such as energy storage, e-mobility, automotive and chemicals. Its products meet international standards, with purity levels ranging from 99.97% to 99.985%. As per the F&S Report, the company is among the fastest-growing players in terms of revenue among its peers, with a revenue CAGR of 33.15% over the last three Fiscals. With an installed recycling capacity of 104,025 MTPA, the company supports resource security by reducing reliance on imported critical metals and promoting sustainable industrial growth. India’s lead recycling market is largely driven by secondary lead, with over 80% of domestic lead demand met through recycled sources, primarily from used lead-acid batteries.
Ardee Industries IPO Subscription Status
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| TBA | 0 | 0 | 0 | 0 |
| TBA | 0 | 0 | 0 | 0 |
Ardee Industries IPO Financial Status
| Particulars (in Rs. Crores) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 363.33 | 262.06 | 196.12 |
| Total Income | 1,168.88 | 743.53 | 463.39 |
| Profit After Tax | 84.68 | 33.27 | 8.95 |
| EBITDA | 147.08 | 65.93 | 28.06 |
| Net Worth | 147.38 | 62.60 | 29.25 |
| Reserves and Surplus | 96.42 | 59.42 | 26.06 |
| Total Borrowing | 182.75 | 165.77 | 142.36 |
Ardee Industries IPO SWOT Analysis
Strengths
- One of India’s leading players in the circular economy with a proven track record and demonstrated operational stability.
- Strong customer base along with robust raw material sourcing capabilities.
- Track record of profitability and consistent financial performance.
- Application of hedging mechanisms for commodity price risk-related protection.
Weaknesses
- Reliance on its largest customer for a substantial portion of revenue may impact operations if the relationship is disrupted.
- Quality standard failures may lead to order cancellations and reputational risk.
- Dependence on key raw material suppliers may affect operations.
- The company’s labour-intensive operations expose it to contract labour and labour-related risks.
Frequently Asked Questions
1-What is the issue size of Ardee Industries IPO?
The issue size for Ardee Industries IPO is ₹426 Cr |
2-What is 'pre-apply' for Ardee Industries IPO?
You can apply for the Ardee Industries IPO 2 days before the official subscription period begins using the pre-apply option. |
3- How can I pre-apply for Ardee Industries IPO?
Pre-applying for the Ardee Industries IPO lets you apply before it officially opens. Click on the Apply Now link to apply for Ardee Industries IPO on Religare Broking. |
4-If I pre-apply for Ardee Industries IPO, when will my order get placed?
Your order will be submitted to the exchange as soon as bidding for Ardee Industries begins. You will receive a UPI request within 24 hours after the bidding starts. |
5- When will I know if my Ardee Industries IPO order is placed?
We will notify you when your Ardee Industries order is placed with the exchange. |
6- What are the open and close dates of the Ardee Industries IPO?
The open date is 5 Aug’2026 and the closing date is 7 Aug’2026 |
7- What is the lot size of the Ardee Industries IPO?
The lot size of the IPO is 281 shares |
8- What is the price band of the Ardee Industries IPO?
The price band of the IPO is ₹50 to ₹53 per share |
Upcoming IPOs Announced & Expected
Registrar information
Name
Kfin Technologies Ltd.
Phone number
040-79615565
Email ID ardeeindustries.ipo@kfintech.com

ARDEE INDUSTRIES LIMITED IPO