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Ardee Industries IPO Listing Date & Price

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ARDEE · · NSE

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Ardee Industries IPO Details

RegistrarKFin Technologies Limited
Lead managersPantomath Capital Advisors Private Limited
Offer documentDraft (DRHP)
Fresh issue₹320 Cr
Offer for sale₹105.87 Cr
Market cap at the offer₹1,671 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (31,52,01,358 shares) multiplied by the upper end of the price band, ₹53. It is arithmetic on those two filed figures, not a valuation.

Ardee Industries Financials ₹ in crore

Revenue CAGR+58.8%2024 → 2026 · 2 yrs
Profit CAGR+207.6%2024 → 2026 · 2 yrs
Expenses CAGR+52.9%2024 → 2026 · 2 yrs
Total assets CAGR+36.1%2024 → 2026 · 2 yrs
00%5003%10005%15008%200010%202420252026
₹ crore202420252026
Revenue₹463.39₹743.53₹1,168.88
Expenses₹451.61₹698.88₹1,055.94
Net profit (PAT)₹8.95₹33.27₹84.68
PAT margin1.9%4.5%7.2%
Total assets₹196.12₹262.06₹363.33

Ardee Industries Shareholding before & after the IPO

Before the IPO
Pre-issue · RHP capital structure
91.48%
Promoter
After the IPO
Post-issue · as disclosed in the RHP
67.62%
Promoter
Promoter & promoter groupafter the IPO
Holding67.62%
Shares21,31,50,700
Through the IPO-23.86% · exiting

The founding owners and their group entities.

The post-issue ring is the register this issue’s RHP discloses. Pre-issue register from the RHP capital structure, cross-checked against exchange data. Pre-issue percentages are taken from the disclosure, never estimated.

Ardee Industries IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹53
Retail (min)1 lot281₹14,893
Retail (max)13 lots3,653₹1,93,609
sHNI (min)14 lots3,934₹2,08,502
bHNI (min)68 lots19,108₹10,12,724

One lot is 281 shares, so a single application at the ₹53 cut-off costs ₹14,893. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

Ardee Industries IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (7)
Ardee Industries is a leading player in the circular economy, specializing in environmentally responsible recovery and recycling of end-of-life energy storage products and non-ferrous scrap.
The company has a proven track record with demonstrated operational stability.
Ardee Industries has an installed recycling capacity of 156,950 MTPA and a track record of producing quality-compliant alloys.
The company is closely aligned with India’s sustainability agenda and the global transition towards a circular, resource-efficient economy.
Ardee Industries has technically equipped plants with efficient pollution control and sustainability practices.
The company strategically sources raw materials from a diverse network of suppliers across over 50 countries, ensuring consistent raw material availability.
Ardee Industries has implemented a robust, board-approved hedging practice aimed at mitigating commodity price-related risks.
▼ Risk factors (7)
The loss of any substantial portion of sales to any of the top customers could have an adverse impact on the business, financial condition, results of operations, and cash flows.
The company's business operations are dependent upon the battery and metal industries, and any downturn in these industries could adversely affect business operations.
The company depends on third-party suppliers for the supply of raw material required for its business operations, and any disruptions or unavailability of raw materials could have an adverse impact.
The company has a limited operating history, and its historical performance may not be indicative of its future growth or financial results.
The company's debt-to-equity ratio is high, which may adversely affect its financial condition and results of operations.
The company operates in a labor-intensive industry and is dependent on contract labor for its manufacturing operations.
Any adverse revision to credit ratings by rating agencies may adversely affect the company's ability to raise additional financing and the interest rates and other commercial terms at which such funding is available.

How to check Ardee Industries IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Ardee Industries Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 07 Aug 2026 and listing on 12 Aug 2026.

RegistrarKFin Technologies Limited
You will needPAN, application number or demat ID
Issue closes07 Aug 2026
Listing date12 Aug 2026
Issue opens
Wed, 05 Aug, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Fri, 07 Aug, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 10 Aug, 2026
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 11 Aug, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 12 Aug, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Ardee Industries IPO Listing Date & Price FAQs

When will Ardee Industries IPO list?

The Ardee Industries Limited shares are scheduled to list on 12 August 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

What was the Ardee Industries IPO listing price?

Ardee Industries Limited listed at ₹72, a gain of 35.8% on the ₹53 issue price.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Ardee Industries IPO Registrar where allotment and refund queries go

RegistrarKFin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Ardee Industries IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (07 Aug 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹17 on a ₹53 upper band means the grey market is dealing at ₹70.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.