Ardee Industries IPO GMP History
Ardee Industries IPO has been listed on August 12, 2026 at a listing price of ₹72, against the issue price of ₹53 — a gain of ₹19 (+35.85%). The GMP peaked at ₹17 on 12 August 2026 and reached a low of ₹0 on 28 July 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Ardee Industries IPO raised ₹425.87 Cr. through its IPO at a price band of ₹50 to ₹53 per share, with a lot size of 281 shares. The IPO was open for subscription from 05 Aug 2026 to 07 Aug 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Sep, 1:37 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 12 Aug 2026 | ₹ 17 | ▲ | 32.08% | — | — |
| 11 Aug 2026 | ₹ 14.5 | — | 27.36% | — | — |
| 10 Aug 2026 | ₹ 14.5 | ▼ | 27.36% | — | — |
| 09 Aug 2026 | ₹ 16 | — | 30.19% | — | — |
| 08 Aug 2026 | ₹ 16 | ▲ | 30.19% | — | — |
| 07 Aug 2026 | ₹ 15 | ▲ | 28.30% | — | — |
| 06 Aug 2026 | ₹ 14 | ▼ | 26.42% | — | — |
| 05 Aug 2026 | ₹ 15.25 | ▲ | 28.77% | — | — |
| 04 Aug 2026 | ₹ 8 | ▲ | 15.09% | — | — |
| 03 Aug 2026 | ₹ 7.5 | ▲ | 14.15% | — | — |
| 01 Aug 2026 | ₹ 6.5 | ▼ | 12.3% | — | — |
| 31 Jul 2026 | ₹ 7 | ▼ | 13.2% | — | — |
| 30 Jul 2026 | ₹ 13 | — | 24.5% | — | — |
| 29 Jul 2026 | ₹ 13 | ▲ | 24.5% | — | — |
| 28 Jul 2026 | ₹ 0 | — | -- | — | — |
Ardee Industries IPO dates
Key dates from opening to listing. Today is 29 October.
- Open 05 Aug 2026
- Close 07 Aug 2026
- Allotment 10 Aug 2026
- Refund/credit 11 Aug 2026
- Listing 12 Aug 2026
Ardee Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹53 |
|---|---|
| GMP-based estimate (pre-listing) | ₹70 (+32.1%) |
| Listing gain / loss | +₹19 per share |
| Listing date | 12 Aug, 2026 |
| Actual listing price | ₹72 (+35.85%) |
Is Ardee Industries IPO GMP reliable?
Grey market premium for Ardee Industries IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Ardee Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Ardee Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Ardee Industries IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Ardee Industries IPO
Ardee Industries Limited was started in 1993. The company works in the recycling business. It collects old batteries and other end-of-life energy storage products along with non-ferrous scrap, and turns them into pure lead and lead alloys.
Its products include high-purity lead and special lead alloys such as lead calcium, lead antimony, lead tin, lead silver and lead cadmium. These are used in energy storage, e-mobility, automobile and chemical industries.
As on 31 March 2025, the company had served more than 50 customers in India and abroad, mostly in the battery and metals business. It has exported to seven countries, including Singapore, Hong Kong, South Korea, Switzerland, the UAE, Japan and the United States.
The company owns a factory of about 7.61 acres in Tirupati district of Andhra Pradesh. Its installed capacity is 1,04,025 MTPA. The plant has rotary furnaces, refining kettles, casting systems and pollution control equipment. It is certified under ISO 9001:2015 for quality, ISO 14001:2015 for environment, and ISO 45001:2018 for health and safety.
Frequently asked
What is the GMP of Ardee Industries IPO?
The current Grey Market Premium (GMP) of Ardee Industries IPO is ₹ 17.
What is the Kostak Price of Ardee Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Ardee Industries IPO is not available.
What is the Subject to Sauda Price of Ardee Industries IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Ardee Industries IPO?
Ardee Industries IPO listed on August 12, 2026 at ₹72, against the issue price of ₹53 — a gain of +35.85%.
How did the GMP of Ardee Industries IPO trend before listing?
The GMP of Ardee Industries IPO was rising in its final days before listing. The GMP peaked at ₹17 on 12 August 2026. View the day-wise table above for the complete GMP history.
Explore Ardee Industries IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
