Skip to main content
ClearIPO

Ardee Industries Limited

Mainboard IPO

Open nowMainboardRisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 05 Aug 2026

Key details

Price band
₹50 to ₹53
Face value
Rs 10
Lot size
281 shares
Minimum investment
Rs 14,893
Issue size
Rs 426 Cr
Fresh issue
Rs 426 Cr
Retail quota
35%
Exchanges
BSE, NSE
Opening date
05 Aug 2026
Closing date
07 Aug 2026
Allotment date
08 Aug 2026
Listing date
12 Aug 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

Ardee Industries Limited is a key player in India’s circular economy, specialising in the environmentally responsible recovery and recycling of end-of-life energy storage products and non-ferrous scrap. The company’s core business involves manufacturing pure lead and various lead alloys, including lead-calcium, lead-antimony, and lead-tin alloys, by processing recyclable scrap materials such as used lead-acid batteries, remelted lead ingots, and lead scrap. It operates a manufacturing facility in Naidupet, Andhra Pradesh. The company generates revenue primarily from the sale of its recycled and refined products, which meet international purity standards of 99.97% to 99.985%, to customers in both domestic and international markets. Its products are crucial for industries like energy storage, e-mobility, automotive, and chemicals. Ardee Industries serves a diverse customer base, including large-scale battery manufacturers, across India and in export markets like Singapore, Switzerland, and South Korea. Discuss on Trading Q&A

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    05 Aug 2026

    First day you can apply.

  2. IPO closes

    07 Aug 2026

    Last day to apply, usually by evening.

  3. Allotment

    08 Aug 2026

    Who gets shares is decided.

  4. Refund / unblock

    09 Aug 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    09 Aug 2026

    Allotted shares reach your demat account.

  6. Listing day

    12 Aug 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-08-05T09:20:03.602Z
Last verified
2026-08-05T09:20:03.602Z
Primary source
bse
Secondary source
Exchange filings
Report incorrect information