Ardee Industries Ltd. IPO Details

Ardee Industries Ltd. IPO Details

MainboardClosed
Min. Investment
14,893
/ 281 Shares
Check Allotment Status
Issue Price
₹50 to ₹53
Subscription
-
Issue Size
₹425.87 Cr
Lot Size
281 Shares
Open
2026-08-05
Close
2026-08-07
Allotment
2026-08-10
Listing
2026-08-12

1. Ardee Industries Ltd. IPO Details (Mainboard) IPO Details

Ardee Industries Ltd IPO is a book-built issue of ₹425.87 crores.

The bidding for the IPO starts on Aug 05, 2026, and closes on Aug 07, 2026. The allotment is expected to be finalized on Aug 10, 2026. The company will list on the stock exchanges, with a tentative listing date fixed as Aug 12, 2026.

The price band is set at ₹50–₹53 per share. The lot size for an application is 281 shares.

Grey Market Premium

Estimated listing gains (Live)

+₹14.5Per Share

Financial Summary

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets363.33262.06196.12
Total Income1,168.88743.53463.39
Profit After Tax84.6833.278.95
EBITDA147.0865.9328.06
NET Worth147.3862.6029.25
Reserves and Surplus96.4259.4226.06
Total Borrowing182.75165.77142.36

Ardee Industries IPO Details

IPO Date5 to 7 Aug, 2026
Listing DateWed, Aug 12, 2026 T
Face Value₹ 2 per share
Price Band₹50 to ₹53
Lot Size281 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Total Issue Size8,03,52,358 shares (agg. up to ₹ 426 Cr)
Fresh Issue6,03,77,358 shares (agg. up to ₹ 320 Cr)
Offer for Sale1,99,75,000 shares of ₹ 2 (agg. up to ₹ 106 Cr)
Share Holding Pre Issue25,48,24,000 shares
Share Holding Post Issue31,52,01,358 shares

IPO Timetable (Tentative)

EventDate
IPO OpenWed, Aug 5, 2026
IPO CloseFri, Aug 7, 2026
AllotmentMon, Aug 10, 2026
RefundTue, Aug 11, 2026
Credit of SharesTue, Aug 11, 2026
ListingWed, Aug 12, 2026

Issue Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot more than 35% of the Net Issue
NII Shares OfferedNot less than 15% of the Net Issue

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)1281₹14,893
Retail (Max)133,653₹1,93,609
S-HNI (Min)143,934₹2,08,502
S-HNI (Max)6718,827₹9,97,831
B-HNI (Min)6819,108₹10,12,724

Recently Listed IPOs in Diversified Metals

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Jain Resource Recycling Ltd.Mainboard₹1,250.00 Cr₹23233.62₹318.06+37.09%₹335.35

IPO Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding incremental working capital requirement of Company220.00
2Repayment and/or pre-payment, in full or in part, of certain borrowings availed by Company20.00
3General Corporate Purposes-
Total240.00

Key Performance Indicator (KPI)

KPIMar 31, 2026Mar 31, 2025
ROE81%72%
ROCE44.26%25.17%
Debt/Equity1.252.65
RoNW57.46%53.15%
PAT Margin7.25%4.48%
EBITDA Margin12.60%8.88%
NAV5.782.46
Price to Book Value-21.54

Pre/Post IPO Valuation

ParameterPre IPOPost IPO
EPS (₹)3.322.69
P/E (x)15.9619.7
Market Cap at Offer Price₹ 1350.57 Cr.₹ 1,670.57 Cr.

2. About Ardee Industries Ltd. IPO Details (Mainboard)

Ardee Industries Limited operates in the manufacturing and industrial sector, providing engineered products and manufacturing services for industrial applications.


Ardee Industries Ltd IPO GMP

As of July 30, 2026, the Grey Market Premium (GMP) is trading around ₹10 (~18.9%).

Note: Reflecting a positive initial tracking sentiment ahead of its subscription launch next week, early market tracking signals estimate a tentative listing price around ₹63 against the upper issue price band of ₹53.


Ardee Industries Ltd IPO Allotment Status

The allotment is scheduled to be finalized on August 10, 2026.

Check Ardee Industries Allotment Status

To check your status online once the issue closes, visit the official assigned registrar tracking portal:

You can verify your status via:

  • Authorized Registrar's portal (Skyline Financial Services Pvt. Ltd.)

  • Stock exchange tracking portals

  • Using your PAN number, Application ID, or DP ID/Client ID


Strengths

  • Positive Initial Sentiment: Demonstrates healthy market interest with an initial grey market premium of ~18.9% ahead of bidding.

  • Competitive Price Point: Positioned in an affordable price bracket of ₹50–₹53 per share.

Weaknesses

  • Market Volatility: Operations and listing performance remain subject to broader equity market conditions.


How the Company Will Use IPO Money

The fresh issue proceeds will be utilized for funding working capital requirements, capital expenditure, and meeting general corporate purposes.


Lead Manager & Registrar

  • Registrar: Skyline Financial Services Private Limited

Frequently Asked Questions (Ardee Industries Ltd. IPO Details)

D
Founder | India IPO Updates

DIPAK DANGODARA

I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.

I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.