Ardee Industries
· Mainboard · NSE, BSE
Price Band
₹50–53
Lot Size
281 shares
Issue Size
₹426 Cr
Min. Investment
₹14,893
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹70 — arithmetic, not a forecast
Subscription Status
Ardee IndustriesIPO: Overview & Key Facts
Ardee Industries IPO is a Mainboard issue that listed on NSE, BSE on 12 August 2026. The price band is ₹50–₹53 per equity share, with a market lot of 281 shares. The total issue size is ₹426 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (281 shares), amounting to ₹14,893.
Ardee Industries IPO GMP & Listing
The last grey market premium (GMP) reported for Ardee Industries IPO before listing was ₹17, about 32.08% over the upper price band of ₹53, and informal quotes had risen over the sessions we recorded. The shares opened at ₹72 on listing day, 35.8% above the issue price of ₹53. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Ardee IndustriesIPO Subscription Status & Demand Analysis
On the latest figures we have, Ardee Industries IPO was subscribed 138.54x overall — with QIB at 202.26x, NII at 266.56x, bNII at 289.87x, sNII at 219.94x, Retail at 47.26x, from about 40,80,032 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Ardee Industries IPO Allotment & Listing
The registrar for this issue is KFin Technologies Ltd.; the basis of allotment was finalised on 10 August 2026 and the shares listed on 12 August 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹53
Listed At
₹72
Current Price
₹67.12
Issue Objectives
- Funding incremental working capital requirement of Company
- Repayment and/or pre-payment, in full or in part, of certain borrowings availed by Company
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 4,01,75,974 | 50% |
| − Anchor Investor | 2,41,05,584 | 30% |
| − QIB (Ex. Anchor) | 1,60,70,390 | 20% |
| NII (HNI) | 1,20,52,793 | 15% |
| − bNII > ₹10L | 80,35,195 | 10% |
| − sNII < ₹10L | 40,17,598 | 5% |
| Retail | 2,81,23,183 | 35% |
- QIB30.3%
- − Anchor Investor18.2%
- − QIB (Ex. Anchor)12.1%
- NII (HNI)9.1%
- − bNII > ₹10L6.1%
- − sNII < ₹10L3.0%
- Retail21.2%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 281 | ₹14,893 |
| Retail (Max) | 13 | 3653 | ₹1,93,609 |
| S-HNI (Min) | 14 | 3934 | ₹2,08,502 |
| S-HNI (Max) | 67 | 18827 | ₹9,97,831 |
| B-HNI (Min) | 68 | 19108 | ₹10,12,724 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
3.32
EPS (Post IPO)
2.69
ROE
57.46%
P/E (Pre IPO)
15.96
P/E (Post IPO)
19.7
Market Cap
₹1,350.57 Cr.
Contact Details
Ardee Industries Ltd. Address
- +91 11 4760 021
- cs@ardeeindustries.com
- https://ardeeindustries.com/
Registrar Contact Details
KFin Technologies Ltd.
- +91 40 6716 2222
- einward.ris@kfintech.com
- https://kfintech.com
- Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Hyderabad – 500032
Frequently Asked Questions
Read our analysis
Ardee Industries IPO: A ₹53 Mainboard Issue Carrying a 24% GMP →
Key Dates
- Open Date
- 05 Aug 2026
- Close Date
- 07 Aug 2026
- Basis of Allotment
- 10 Aug 2026
- Listing Date
- 12 Aug 2026
Issue Details
- Registrar
- KFin Technologies
- Exchange
- NSE, BSE