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Ardee Industries Limited

Ardee Industries Limited

Minimum Investments
₹14,050
Price Range
₹50 - ₹53
Issue Size
₹425.87 Cr
Lot Size
281shares
Proceeds of this IPO to be used for
Funding the incremental working capital requirement of the company
Repayment and/or pre-payment, in full or in part, of certain borrowings availed by the company
General corporate purposes
Strengths & Weaknesses
Client relationship

The company has served over 50 domestic and international customers, including Amara Raja Energy & Mobility and Sebang Metal Trading. It has expanded its global presence, supplying pure lead and lead alloys to customers in more than seven countries, including Singapore, Hong Kong, South Korea, Switzerland, the UAE, Japan, and the USA

Hedging mechanism

The company’s operations are affected by lead price fluctuations on the LME and MCX, which can impact profitability. To manage this risk, it uses board-approved hedging strategies, including back-to-back pricing and futures derivative contracts on the LME

Quality standards

The company must maintain strict quality standards in producing pure lead and lead alloys from recyclable materials. Failure to meet customer-specific requirements or industry standards could harm its reputation, financial performance, and order fulfillment

Labour intensive

The company operates in a labour-intensive industry, relying on contract labour for manufacturing pure lead and lead alloys. Disruptions, increased labour costs, regulatory actions, or strikes could materially impact operations, with 337 contractual employees as of August 31, 2025

Price volatility risks

The lead products industry is highly price-volatile, and fluctuations in lead or raw material costs can materially impact the company’s business, operations, and financial condition. Prices are influenced by raw material availability, global supply, recycling efficiency, demand, transportation costs, trade measures, and socio-political factors

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)Mar 2026Y/Y Change
Operating Revenue1,167.65+57.21%
Other Income1.23+55.70%
Total Income1,168.88+57.21%
Total Expenditure1,055.94+51.09%
EBIDT148.31+122.29%
Depreciation11.37+31.14%
Interest24.00+78.97%
Tax28.26+148.33%
Net Profit84.68+154.52%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)Mar 2026
Total Current Assets280.20
Total Non-Current Assets83.13
Fixed assets73.53
Total Assets363.33
Total Current liabilities198.38
Total Non Current Liabilities17.58
Total Equity Plus Liabilities363.33
Total Shareholder Funds147.38
Total Debt to Equity124.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)Mar 2026
Cash from Operating Activity29.82
Cash from Financing Activities3.84
Cash from Investing Activities-19.77
Net Cash Flow13.89

About the Company

Ardee Industries was incorporated on September 16, 1993. The company is a leading Indian circular economy player, specialising in recycling end-of-life energy storage products and non-ferrous scrap. It produces high-purity lead and lead alloys for industries like energy storage, e-mobility, automotive, and chemicals, with customizable compositions meeting international standards

  • Promoter
    Sandeep Aggarwal
  • Promoter
    Nikunj Aggarwal
  • Promoter
    Esha Gupta

FAQs for Ardee Industries Limited IPO

Ardee Industries Limited IPO refers to the initial public offering of shares by Ardee Industries Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Ardee Industries Limited IPO the issue size is ₹426 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Ardee Industries Limited IPO the minimum investment is ₹14.1 K. The minimum investment for Ardee Industries Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Ardee Industries Limited IPO the lot size is 281 shares. The lot size of Ardee Industries Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Ardee Industries Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Ardee Industries Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Ardee Industries Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Ardee Industries Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Ardee Industries Limited IPO the allotment date is 10 Aug 2026. The allotment date of Ardee Industries Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Ardee Industries Limited IPO, the subscription opens on 05 Aug 2026 and closes on 07 Aug 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
Listing Date: 12 Aug 26