Ardee Industries IPO
Ardee Industries IPO Details
-
Open Date
05 Aug 2026
-
Close Date
07 Aug 2026
- IPO Price Range
₹ 50 to ₹53
- IPO Size
₹ 425.87 Cr
Ardee Industries IPO Timeline
Last Updated: 02 August 2026 5:18 AM by 5paisa
Ardee Industries Limited is an Indian company specialising in the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap. It manufactures high-purity lead and specialised lead alloys for the energy storage, automotive, e-mobility, and chemicals sectors. Operating a 104,025 MTPA facility in Andhra Pradesh, the company serves over 50 customers and exports to seven countries, supported by advanced recycling infrastructure and internationally recognised ISO certifications.
Established in: 1993
Managing Director: Sandeep Aggarwal
Peers:
| Metric |
Ardee Industries |
Gravita India Limited |
Pondy Oxides and Chemical s Limited |
Jain Resources Recycling Limited |
|---|---|---|---|---|
| Face Value |
2 |
2 |
5 | 2 |
|
Market Price |
- | 1840.15 | 1404.80 | 344.05 |
|
Revenue from Operations |
11676.53 | 42652.70 | 29583.61 | 95431.13 |
|
EPS Basic |
3.32 | 52.02 | 43.98 | 10.25 |
|
EPS Diluted |
3.32 | 52.02 | 43.98 | 10.25 |
|
NAV |
5.78 | 322.16 | 258.39 | 45.24 |
|
P/E |
- | 35.37 | 31.94 | 33.57 |
|
RoNW(%) |
57.46 | 15.43 | 16.73 | 22.25 |
Ardee Industries Objectives
1. Funding incremental working capital requirement of Company
2. Repayment and/or pre-payment, in full or in part, of certain borrowings availed by Company
3. General Corporate Purposes
Ardee Industries IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹425.87 Cr |
| Offer For Sale | ₹105.87 Cr |
| Fresh Issue | ₹320 Cr |
Ardee Industries IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Individual investors (IND) (Min) | 1 | 281 | 14,050 |
| Individual investors (IND) (Max) | 13 | 3,653 | 1,93,609 |
| S - HNI (Min) | 14 | 3,934 | 1,96,700 |
| S - HNI (Max) | 67 | 18,827 | 9,97,831 |
| B - HNI (Min) | 68 | 19,108 | 9,55,400 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Revenue | 462.96 | 742.74 | 1167.65 |
| EBITDA | 28.06 | 65.93 | 147.08 |
| PAT | 8.95 | 33.27 | 84.68 |
| Particulars (In ₹ Crores) | FY24 | FY25 | FY26 |
| Total Assets | 196.12 | 262.06 | 363.33 |
| Share Capital | 3.19 | 3.19 | 50.97 |
| Total Liabilities | 196.12 | 262.06 | 363.33 |
| Cash Flows (₹ Crores) | FY24 | FY25 | FY26 |
| Net Cash Generated From / (used in) Operating Activities | -25.26 | 7.84 | 29.83 |
| Net Cash Generated From / (used in) Investing Activities | -27.20 | -22.87 | -19.77 |
| Net Cash Generated From / (used in) Financing Activities | 54.35 | 13.34 | 3.84 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 1.89 | -1.68 | 13.89 |
Strengths
1. Strong expertise in sustainable lead recycling operations.
2. Diverse portfolio of specialised lead alloy products.
3. Advanced manufacturing facility with high production capacity.
4. Established export presence across multiple international markets.
Weaknesses
1. Heavy dependence on lead-based product demand.
2. Business exposed to volatile raw material prices.
3. Manufacturing concentrated at a single production facility.
4. High compliance costs for environmental regulations.
Opportunities
1. Rising electric vehicle battery recycling demand globally.
2. Growing focus on circular economy and sustainability.
3. Expansion into new international export markets.
4. Increasing industrial demand for recycled lead alloys.
Threats
1. Stringent environmental regulations affecting recycling operations.
2. Intense competition from organised recycling companies.
3. Fluctuating global lead prices impacting profitability.
4. Technological shifts reducing traditional lead battery demand.
1. Strong presence in sustainable lead recycling industry.
2. Advanced facility with significant manufacturing capacity.
Diverse customer base across global export markets.
Growing demand from battery and e-mobility sectors.
The lead recycling industry is gaining momentum as governments and industries increasingly prioritise sustainability, resource efficiency, and circular economy practices. Rising demand for batteries across automotive, renewable energy, and e-mobility sectors is supporting long-term growth in recycled lead consumption. Stricter environmental regulations are encouraging organised recycling, benefiting established players with advanced facilities, regulatory compliance, and efficient production capabilities while expanding opportunities in both domestic and export markets.
- Companies
- Type
- Opening On
-
Anawil Wire and Engineering
- SME
- 03rd Aug
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FAQs
Ardee Industries opens from August 5, 2025 to August 7, 2026.
The size of Ardee Industries is ₹1,800.00 Cr.
The price band of Ardee Industries IPO is fixed at ₹50 to ₹53.
Once the Ardee Industries IPO is officially open, one can simply follow the process to apply for the IPO:
To apply for Ardee Industries IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Ardee Industries IPO
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Ardee Industries is of 281 shares and the investment required is ₹14,050.
The share allotment date of Ardee Industries IPO is August 10, 2026
The Ardee Industries IPO will likely be listed on August 12, 2026.
Pantomath Capital Advisors Pvt.Ltd is the book running lead managers for Ardee Industries IPO.
1. Funding incremental working capital requirement of Company
2. Repayment and/or pre-payment, in full or in part, of certain borrowings availed by Company
3. General Corporate Purposes