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Ardee Industries IPO allotment status: How to check online on NSE, BSE, KFin Technologies; listing date, time here
3 min read | Updated on August 10, 2026, 13:52 IST
SUMMARY
Ardee Industries IPO allotment status: The ₹425.87 crore initial share sale comprised a fresh issue of equity shares worth ₹320 crore and an offer-for-sale (OFS) component of up to 1.99 crore shares valued at ₹105.87 crore by promoters Sandeep Aggarwal and Nikunj Aggarwal.
Ardee Industries is involved in the circular economy segment, with a focus on the recovery and recycling of end-of-life energy storage products and non-ferrous scrap.
Ardee Industries IPO allotment status: The basis of allotment of Ardee Industries is likely to be finalised on Monday, August 10. The bid finalisation details will be out on the websites of the National Stock Exchange (NSE), the BSE and the registrar, KFin Technologies.
The initial public offering was subscribed 133.66 times, with bids for 7,80,88,19,433 shares as against 5,84,22,516 shares on offer, according to the NSE data.
| Category | Reserved | No of Shares Bid For | No of Times |
|---|---|---|---|
| Qualified Institutional Buyers | 1,64,35,297 | 3,25,04,36,028 | 197.77 |
| Non-Institutional Investors | 1,25,96,166 | 3,21,50,58,971 | 255.24 |
| Retail Investors | 2,93,91,053 | 1,34,33,24,434 | 45.71 |
| Total | 5,84,22,516 | 7,80,88,19,433 | 133.66 |
The ₹425.87 crore IPO comprised a fresh issue of equity shares worth ₹320 crore and an offer-for-sale (OFS) component of up to 1.99 crore shares valued at ₹105.87 crore by promoters Sandeep Aggarwal and Nikunj Aggarwal.
The money raised will be used for funding incremental working capital needs, debt clearance and corporate general purposes.
"Our company expects that the listing of the equity shares will enhance our visibility and our brand image among our existing and potential customers and creation of a public market for our equity shares," the company said in its RHP.
Ardee Industries is involved in the circular economy segment, engaged in the recovery and recycling of end-of-life energy storage products and non-ferrous scrap. It also reclaims critical resources from waste streams and makes pure lead and lead alloys utilised in sectors such as energy storage, chemicals, e-mobility and automotive.
Ardee Industries IPO allotment date and time
Ardee Industries IPO allotment is expected to be finalised on Monday, August 10, by late evening.
Steps to check Ardee Industries IPO allotment status online on NSE
- Visit this portal: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Pick the ‘Equity & SME IPO bid details’ option
- Choose 'ARDEE' from the 'Select Symbol' list
- Add your PAN and application number
- Press the 'Submit' button
How to check Ardee Industries IPO allotment status online on BSE
- Go to this page: https://bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ as the issue type
- From the ‘Issue Name’ list, select ‘Ardee Industries Ltd’
- Add PAN or IPO application number.
- Hit the ‘Search’ button
Ardee Industries IPO allotment status online on KFin Technologies; complete steps
- Open registrar's official link in your browser: https://ipostatus.kfintech.com/
- Pick 'Ardee Industries' from the 'Select IPO' section
- Fill in either your IPO application number, PAN or Demat account number
- Click on the 'Submit' button
Ardee Industries IPO listing date and time
Shares of Ardee Industries will be listed on the NSE and the BSE on Wednesday, August 12, at 10 am.
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