Ardee Industries Limited
Key dates
Issue reservation
₹426 CrLot ladder — how much to bid
1 lot = 281 sharesIssue details
Ardee Industries Ltd.'s revenue increased by 57% and profit after tax (PAT) rose by 155% between the financial year ending with March 31, 2026 and March 31, 2025.
Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
Assets | 363.33 | 262.06 | 196.12 |
Total Income | 1,168.88 | 743.53 | 463.39 |
Profit After Tax | 84.68 | 33.27 | 8.95 |
EBITDA | 147.08 | 65.93 | 28.06 |
NET Worth | 147.38 | 62.60 | 29.25 |
Reserves and Surplus | 96.42 | 59.42 | 26.06 |
Total Borrowing | 182.75 | 165.77 | 142.36 |
Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
# | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
1 | Funding incremental working capital requirement of Company | 220.00 |
2 | Repayment and/or pre-payment, in full or in part, of certain borrowings availed by Company | 20.00 |
3 | General Corporate Purposes | |
Total | 240.00 |
Incorporated in 1993, Ardee Industries Limited is a prominent Indian company, with a core focus on the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap.
Its product range includes high-purity lead and specialised lead alloys such as lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys. These products are widely used across key sectors, including energy storage, e-mobility, automotive, and chemicals.
As of March 31, 2025, Ardee Industries has served over 50 customers across domestic and international markets, spanning the battery and metals industries. The Company has exported its products to seven countries, including Singapore, Hong Kong, South Korea, Switzerland, the United Arab Emirates, Japan, and the United States of America.
The Company owns and operates a manufacturing facility spread across approximately 7.61 acres in Tirupati district, Andhra Pradesh, with an installed capacity of 104,025 MTPA. The facility is equipped with advanced lead recycling infrastructure, including rotary furnaces, refining kettles, casting systems, and comprehensive pollution control mechanisms. It is certified under ISO 9001:2015 for quality management, ISO 14001:2015 for environmental management, and ISO 45001:2018 for occupational health and safety.
Company strengths
Competitive strengths:
One of India’s leading players in circular economy with a proven track record with demonstrated operational stability.
Application of Hedging Mechanism for Commodity Price Risk Related Protection.
Strong customer base along with robust raw materials sourcing capabilities.
Track record of profitability and consistent financial performance.
Experienced promoters and professional management team.
Promoters
Registered office & contact
Ardee Industries Ltd. Address
Khasra No. 340, 1st Floor and 3rd Floor,
Village Sultanpur,
Mehrauli, Gadaipur,
Delhi, New Delhi, 110030
+91 11 4760 021
cs@ardeeindustries.com
What is the minimum investment in the ARDEE INDUSTRIES LIMITED IPO?
One lot of 281 shares — ₹14,893 at the upper price band of ₹53.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2026-08-20 on NSE / BSE.