🔥 Trending Ardee Industries IPO: Date, Price, and Allotment Details Explained

Ardee Industries' Initial Public Offering (IPO) is a significant event in the Indian primary market, offering investors an opportunity to engage with a company focused on lead recycling and the circular economy sector ². The IPO is structured as a book-building issue, combining both a fresh issue of shares and an offer for sale (OFS) by existing shareholders ³⁵.

Key Dates and Financials

The Ardee Industries IPO opened for subscription on August 5, 2026 ²⁴. The shares are expected to be allotted on August 10, 2026, with refunds processed on August 11, 2026. The allotted shares will be credited to demat accounts on August 11, 2026, and the tentative listing date on the stock exchanges (BSE, NSE) is August 12, 2026 ¹⁶.

Issue Size and Price Band

The total IPO size is ₹425.87 crore ³. This comprises:

• A fresh issue of 6.04 crore shares, valued at ₹320 crore ³.
• An Offer for Sale (OFS) of 2 crore shares, valued at ₹105.87 crore ³.
• The total number of shares in the fresh issue is 8.04 crore ⁵⁸.

The price band for the IPO has been set between ₹50 and ₹53 per equity share ⁴⁹.

Lot Size and Minimum Investment

Retail investors can apply for a minimum of 1 lot, which consists of 281 shares ¹⁹. The minimum investment required for a retail application is ₹14,893 ¹⁹.

Company Overview and Sector

Ardee Industries operates in the growing lead recycling and circular economy sector ². This positioning is often seen as a strength, given the increasing focus on sustainable practices and resource management globally.

Grey Market Premium (GMP) and Listing Expectations

The Grey Market Premium (GMP) for Ardee Industries IPO has shown positive indications. As of recent reports, the GMP stands at ₹14, suggesting an estimated listing gain of 26.42% ¹⁰. This indicates a potential listing premium for investors, although GMP can fluctuate and is not a definitive indicator of listing performance ¹⁰.

Subscription Status

The IPO has garnered significant investor interest, with its subscription crossing 11 times ¹⁰. This level of oversubscription often suggests strong demand for the company's shares.

How to Apply

Investors interested in the Ardee Industries IPO can apply through their demat accounts during the subscription period. The process typically involves bidding for shares within the specified price band and lot size.