Ardee Industries Limited IPO — Subscription & GMP
- Price band
- ₹50 – ₹53
- Lot size
- 281
- Issue size
- ₹309.64 Cr
- Bidding
- 05 Aug 2026 → 07 Aug 2026
- Allotment
- 10 Aug 2026
- Listing
- 12 Aug 2026
Listing outcome
Official exchange pricesNo grey market premium was recorded at the close of bidding, so there is nothing to score this listing against.
Schedule
- 05 Aug 2026IPO open date
- 07 Aug 2026IPO close date
- 10 Aug 2026Allotment date
- 11 Aug 2026Funds unblock or debit
- 12 Aug 2026Tentative listing date
Fundamentals
The business, its valuation and returnsNot Available
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS | ₹3.32 | — |
| P/E ratio | 15.96× | — |
| NAV per share | ₹5.78 | — |
Promoter holding pre/post issue is in the offer document but we do not yet extract it. Left blank rather than estimated.
Read from the company’s offer document filed with SEBI. Figures are the latest reported financial year, as restated in that filing.
Figures are as reported and not independently audited, and are read 7 d ago.
Grey market premium
Unofficial · not from any exchangeSubscription status
Live from NSE · fetched 124 hr ago| Category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| 1Qualified Institutional Buyers(QIBs) | 1.64 Cr | 266.60 Cr | 162.21× |
| 1(a)Foreign Institutional Investors(FIIs) | — | 29.98 Cr | — |
| 1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 136.91 Cr | — |
| 1(c)Mutual funds | — | 1.44 Cr | — |
| 1(d)Others | — | 98.27 Cr | — |
| 2Non Institutional Investors | 1.26 Cr | 268.87 Cr | 213.45× |
| 2.1Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 83.97 L | 198.85 Cr | 236.80× |
| 2.1(a)Corporates | — | 1.57 Cr | — |
| 2.1(b)Individuals(Other than RIIs) | — | 188.58 Cr | — |
| 2.2Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 41.99 L | 70.01 Cr | 166.75× |
| 3Retail Individual Investors(RIIs) | 2.94 Cr | 104.91 Cr | 35.69× |
| 3(a)Cut Off | — | 89.00 Cr | — |
| 3(b)Price bids | — | 15.90 Cr | — |
| Total | 5.84 Cr | 640.37 Cr | 109.61× |
Source: NSE issue information · BSE public issue
Demand curve
Shares bid at each price point · BSE₹50 → ₹53 · peak 781.66 Cr shares bid
Anchor investors
From NSE's anchor allocation filingAnchor investors are institutions allotted shares one working day before public bidding opens, in exchange for a lock-in. Up to 60% of the QIB portion can go to them, which reduces the QIB shares left for everyone else — and their participation is widely read as a confidence signal.
Anchor allocation report (NSE)
This issue’s anchor letter was filed as a scanned image with no text layer, so the allocation table cannot be read without OCR. We link the filing rather than publish figures we cannot verify.
Equity split
Fresh equity vs offer for sale- Fresh equity
- ₹320.00 Cr 99.4%
- Offer for sale
- ₹2.00 Cr 0.6%
- Total issue size
- ₹322.00 Cr
Read from the issue size stated in NSE's filing.
Objects of the issue
Where the fresh issue proceeds go- Funding incremental working capital requirements₹220.00 Cr68.8%
- Repayment and/or pre-payment of certain company borrowings₹20.00 Cr6.3%
- General corporate purposes₹80.00 Cr25.0%
These add up to ₹320.00 Cr, the whole of the fresh issue. Only the fresh issue has objects — money raised in an offer for sale goes to the selling shareholders and never reaches the company. Compiled from the offer document by Zerodha; the prospectus is the authoritative version.
Allotment status
Basis of allotment 10 Aug 2026You will need your PAN, application number or DP/client ID. These links go to the registrar and exchanges directly — UpcomingIPO never asks for those details.
Issue details
- Price band
- ₹50 – ₹53
- Lot size
- 281 shares
- Min. bid quantity
- 281
- Face value
- ₹2.00
- Tick size
- ₹1.00
- Shares offered
- 5.84 Cr
- Issue size
- ₹309.64 Cr
- Max bid · QIB
- 5.84 Cr
- Max bid · NII
- 4.20 Cr
Timeline & process
- Bidding opens
- 05 Aug 2026
- Bidding closes
- 07 Aug 2026
- Bidding hours
- 10.00 a.m. to 5.00 p.m.
- UPI mandate cutoff
- 07-aug-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
- Allotment
- 10 Aug 2026
- Listing
- 12 Aug 2026
Intermediaries
- Registrar
- KFin Technologies Limited
- Sponsor bank
- ICICI BANK
- Lead managers
- Pantomath Capital Advisors Private Limited