Ardee Industries IPO

The Ardee Industries IPO is a book-built issue of Rs 425.87 crore, comprising a fresh issue of 6.04 crore shares worth Rs 320 crore and an offer for sale of 2.00 crore shares worth Rs 105.87 crore, opening for subscription from Aug 5 to Aug 7, 2026, with allotment expected on Aug 10, 2026 and a tentative listing on NSE and BSE on Aug 12, 2026. The IPO’s price band is Rs 50 to Rs 53 per share, with a lot size of 281 shares, requiring a minimum retail investment of Rs 14,893. Pantomath Capital Advisors Pvt. Ltd. is the lead manager, and Kfin Technologies Ltd. is the registrar for the issue.

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Ardee Industries IPO Details

Check out the issue details for Ardee Industries IPO as disclosed in SEBI.

IPO Price

₹ 53

Price Band

₹ 50 - 53

Issue Size

426.00 Cr.

Issue Type

Book Built

Open

2026-08-05

Close

2026-08-07

Listing price

₹ 73.6

Listing Gain

38.87%

Listing Date

2026-08-12

CMP

₹ 63.38

Current Return

19.58%

Company Financials

You can get the following financial statements of Ardee Industries as of now.

Ardee Industries IPO Details

The details about the Ardee Industries IPO are as follows:

  • The issue size of the IPO is Rs 425.87 Cr.
  • The price band for Ardee Industries IPO is Rs 50 to Rs 53.
  • The shares of Ardee Industries IPO will list on BSE and NSE.
  • The latest tentative GMP of Ardee Industries IPO is Rs 15.
  • The shares of Ardee Industries IPO are subscribed 138.83 Times.

 

Ardee Industries IPO Valuation

The approximate valuation of Ardee Industries IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 53
Existing Shares (Qty) 25.04 Cr
Fresh Issue Rs 320.00 Cr
Market Cap Rs 1647.12
EPS (FY25) Rs 3.32
PE Ratio 15.96x
Industry PE 33.63x

 

Ardee Industries IPO Issue Size

Ardee Industries IPO issue size is Rs 425.87 Cr.

Issue Amount
Fresh Issue Rs 320.00 Cr
Offer For Sale Rs 105.87 Cr

 

Ardee Industries IPO Market Lot

An individual can apply for a minimum of 1 lot of 281 shares and a maximum of 13 lots (3,653 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 281 Rs 14,893
Retail Maximum 13 3,653 Rs 1,93,609

 

Ardee Industries IPO Share Offer

The shares of Ardee Industries IPO are subscribed 138.83 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Ardee Industries IPO GMP (Grey Market Premium)

As on GMP (Tentative)
8 August 2026 Rs 15

Ardee Industries IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Ardee Industries IPO Dates

Find below the dates for Ardee Industries IPO

Schedule Date
Basis of Allotment 10 Aug 2026
Refunds 11 Aug 2026
Credit to Demat Account 11 Aug 2026
IPO Listing Date 12 Aug 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 411.78 462.96 742.74 1167.65
Total Expenditure 389.02 434.9 676.8 1020.57
Operating Profit 22.76 28.06 65.93 147.08
Other Income 0.06 0.43 0.79 1.23
Interest 7.29 10.35 13.41 24
Depreciation 2.77 6.36 8.67 11.37
Exceptional Items 0 0 0 0
Profit Before Tax 12.77 11.79 44.65 112.94
Provision for Tax 4.2 2.83 11.38 28.26
Net Profit 8.57 8.95 33.27 84.68
Adjusted EPS (Rs.) 0.03 0.04 0.13 0.33

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 3.19 3.19 3.19 50.97
Total Reserves 17.03 26.06 59.42 96.42
Borrowings 18.36 22.55 23.09 14.91
Other N/C liabilities 0.41 0.43 0.48 0.99
Current liabilities 69.02 143.72 175.42 198.38
Total Liabilities 108 195.95 261.6 361.65
Assets
Net Block 39.48 45.4 66.61 71.82
Capital WIP 1.49 9.73 5.1 1.71
Intangible WIP 0 0 0 0
Investments 0 0 0 0
Loans & Advances 1.73 4.15 1.3 6.8
Other N/C Assets 1.59 5.63 6.79 1.12
Current Assets 63.72 131.03 181.8 280.2
Total Assets 108 195.95 261.6 361.65
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 12.77 11.79 44.65 112.94
Adjustment 7.58 13.47 18.01 23.59
Changes in Assets & Liabilities -30.03 -48.38 -46.75 -79.54
Tax Paid -4.09 -2.14 -8.07 -27.16
Operating Cash Flow -13.77 -25.26 7.84 29.83
Investing Cash Flow -24.81 -27.2 -22.87 -19.77
Financing Cash Flow 37.81 54.35 13.34 3.84
Net Cash Flow -0.77 1.89 -1.68 13.89
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