listed · IPO · BSE/NSE · listed 12 August 2026

Ardee Industries Limited

Raised ₹425.87 Cr at ₹53 per share.

+26.7%

listing-day move

Price band
₹50 – ₹53
Issue price
₹53
Issue size
₹425.87 Cr
Listing-day close
₹67.13
Return since listing
+5.02%

Company research

Tijori Finance

Ardee Industries Ltd. manufactures and supplies industrial products, including engineering components and equipment for various sectors. The company focuses on quality manufacturing, customized solutions, and serving domestic industrial customers through reliable products and services.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2024
462.96 Cr
8.95 Cr 142.36 Cr
Mar 2025
742.74 Cr
33.27 Cr 165.77 Cr
Mar 2026
1,167.65 Cr
84.68 Cr 182.75 Cr
Revenue mix
Pure Lead
65%
Lead Alloys
31%
Scrap Sale
3.9%
Others
0.1%
Peer comparison
Company Mkt cap Revenue P/E P/B
ARDEE 1,730 1,167 Cr 20.43 11.74
GRAVITA 12,410 4,265 Cr 31.66 5.06
POCL 3,635 2,958 Cr 25.5 4.61
JAINREC 9,669 9,543 Cr 26.79 6.19

Exchange filings

Fields captured from NSE and BSE

Data sources: BSE , BSE , MONEYCONTROL , NSE , YAHOO , NSE . Data quality clean.