Ardee Industries Limited IPO
Ardee Industries Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Business Overview

Ardee Industries Limited is one of India’s leading participants in the circular economy, with a strong focus on the environmentally responsible recovery and recycling of end-of-life energy storage products and non-ferrous scrap (Source: F&S Report). The Company specializes in reclaiming critical resources from waste streams and converting them into high-quality value-added products. Its product portfolio includes pure lead and a wide range of lead alloys such as lead calcium, lead antimony, lead tin, lead silver and lead cadmium alloys. These products cater to critical end-use industries including energy storage, e-mobility, automotive and chemicals.

Ardee Industries IPO Size

Fresh Issue
₹320 Cr (TBA Shares)
Offer For Sale
Rs. TBA Cr (3.77 Cr Shares)

Objects of Issue

  1. Funding incremental working capital requirement of the Company
  2. Repayment &/or pre-payment, in full or in part, of certain borrowings availed by the Company
  3. General Corporate Purpose

Ardee Industries IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Ardee Industries IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 742.74 462.96 411.78
PAT 33.27 8.95 8.57
Net Worth 62.60 29.25 20.22
Borrowings 165.77 142.36 80.91
Assets 262.06 196.12 108.00
NAV (₹) 2.46 1.15 0.79
EPS (₹) 1.31 0.35 0.34

Key Performance Indicators (KPIs)

EBITDA

8.88%

PAT

4.48%

ROE

53.15%

ROCE

25.17%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

99.99%

Public

0.01%

Sandeep Aggarwal 49.99%
Nikunj Aggarwal 49.69%
Others 0.31%

Management

Sandeep Aggarwal
Chairman & MD
Arun Mallik
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Ardee Industries Limited

Address: Khasra No. 340, 1st Floor and 3rd Floor, Village Sultanpur, Mehrauli, Gadaipur, New Delhi - 110 030, India

Number: +91 11 4760 0214

Email: cs@ardeeindustries.com

Website Link: https://www.ardeeindu stries.com

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