Ardee Industries IPO GMP Today: Date, Price, and Listing Date
Ardee Industries IPO will open on 5 August 2026 with a price band of ₹50–₹53. Check the latest GMP, issue details, lot size, financials, peer comparison and listing schedule.
Ardee Industries IPO GMP Overview: Ardee Industries IPO, worth ₹425.87 Cr, will open for subscription from 5 Aug to 7 Aug 2026. Ardee Industries allotment is expected on 10 Aug, and shares are likely to be listed on BSE & NSE on 12 Aug 2026. The price band for Ardee Industries IPO is set between ₹50 to ₹53.
Ardee Industries IPO GMP: Founded in 1993, Ardee Industries is engaged in the recycling of end-of-life batteries and non-ferrous scrap. The company is coming up with a ₹425.87cr IPO, which will be a combination of fresh issue and OFS. Here are the key details of the Ardee Industries IPO.
Ardee Industries IPO Details
Here are the listing dates and important details investors should know about the upcoming IPO in Aug.
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Ardee Industries IPO is worth ₹425.87 cr, and the issue is a combination of a fresh issue of ₹ 320 cr and offer for sale of ₹105.87 cr.
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Ardee Industries IPO will open for subscription on 5 Aug 2026 and close on 7 Aug 2026. And the price band is set between ₹50 to ₹53
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Ardee Industries IPO’s allotment is likely to take place on 10 Aug 2026 and the shares are expected to be listed on BSE and NSE on 12 Aug 2026.
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Promoters currently hold 91.48%, which will come down to 67.62% after the listing.
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Kfin Technologies will be the registrar for the Ardee Industries IPO.
|
Parameter |
Detail |
|---|---|
|
IPO Open Date |
5 Aug 2026 |
|
IPO Close Date |
7 Aug 2026 |
|
Expected Allotment Date |
10 Aug 2026 |
|
Expected Listing Date |
12 Aug 2026 (BSE & NSE) |
|
Price Band |
₹50 to ₹53 per share |
|
Lot Size |
281 shares |
|
Minimum Investment |
₹14,893 |
|
Fresh Issue |
₹320Cr |
|
Offer for Sale (OFS) |
₹105.87Cr |
|
Total Issue Size |
₹425.87Cr |
Ardee Industries IPO GMP Today
Ardee Industries IPO GMP today (2nd Aug 2026) stands at ₹7, up 13.21% from its upper price band of ₹53 in the grey market (as per investor gain). GMP figures change daily based on market sentiment and demand for the IPO.
GMP figures are for news purposes only. We neither trade nor recommend trading in the grey market.
Investors should note grey market premium is unofficial & not regulated by SEBI. GMP reflects only informal market trends and should not be considered a reliable indicator of listing gains.
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About Ardee Industries IPO
Founded in 1993, Ardee Industries is engaged in the recycling of end-of-life batteries and non-ferrous scrap. The company manufactures high-purity lead and a range of specialised lead alloys, including lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys. These products are supplied to industries such as energy storage, electric vehicles, automotive, and chemicals.
As of 31 March 2025, the company served more than 50 customers in India and overseas. Its products have been exported to seven countries, including Singapore, Hong Kong, South Korea, Switzerland, the UAE, Japan, and the United States.
Ardee Industries IPO Reservation
For Ardee Industries IPO, 35% of the issue has been reserved for retail investors. The table below shows the allocation across different investor categories.
|
Investor Category |
Shares Offered |
|---|---|
|
QIB Investors |
50% |
|
Retail Investors |
35% |
|
NII (HNI) Investors |
15% |
Ardee Industries IPO Lot Size
Retail investors can apply for a minimum of 1 lot, which includes 281 shares costing ₹14,893 Maximum investment allowed for retail investors is 13 lots, which totals 3,653 shares and costs ₹1,93,609.
|
Application |
Lots |
Shares |
Amount (₹) |
|---|---|---|---|
|
Retail (Min) |
1 |
281 |
14,893 |
|
Retail (Max) |
13 |
3,653 |
1,93,609 |
|
S-HNI (Min) |
14 |
3,934 |
2,08,502 |
|
S-HNI (Max) |
67 |
18,827 |
9,97,831 |
|
B-HNI (Min) |
68 |
19,108 |
10,12,724 |
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Ardee Industries IPO Financial Performance
Ardee Industries reported a PAT of ₹84 Cr as of 31 March 2026, up from ₹8.95 Cr in FY24. Over the past 3 years, the company’s PAT and PAT margin have grown steadily. All financial details are provided in the table below.
|
Period Ended |
31 Mar 2026 |
31 Mar 2025 |
31 Mar 2024 |
|---|---|---|---|
|
Revenue from Ops (₹ Cr) |
1167.65 |
742.73 |
462.96 |
|
Total Income (₹ Cr) |
1,168.88 |
743.53 |
463.39 |
|
EBITDA (₹ Cr) |
147.08 |
65.93 |
28.06 |
|
EBITDA Margin (%) |
12.60 |
8.88 |
6.06 |
|
PAT (₹ Cr) |
84.68 |
33.27 |
8.95 |
|
PAT Margin (%) |
7.25 |
4.48 |
1.93 |
|
ROE (%) |
81 |
72 |
36 |
|
ROCE (%) |
44.26 |
25.17 |
12.83 |
|
Debt - Equity ratio |
1.25x |
2.65x |
4.87x |
Source: Ardee Industries IPO RHP
Ardee Industries IPO Peer Comparison from RHP
Ardee Industries IPO has a lower EPS than its peers. Higher EPS is always considered better. Below is a brief comparison of Ardee Industries IPO.
|
Company |
EPS Diluted |
P/E (x) |
|---|---|---|
|
Jain Resources Recycling |
10.25 |
33.57 |
|
Pondy Oxides and Chemicals |
43.98 |
31.94 |
|
Gravita India |
52.02 |
35.37 |
|
Ardee Industries |
3.32 |
— |
As of 31 March 2026
Conclusion
Ardee Industries IPO is seeing interest in the grey market ahead of its opening on 5 Aug 2026. The company has reported healthy profit margins, although its revenue and profit declined in FY26 compared with FY25.
Before applying, you should look beyond Ardee's current GMP and compare the company's valuation, financial performance, and business risks with those of its listed peers.