Ardee Industries IPO Subscription Status Day 2 – Live Updates & Key Details

Ardee Industries' IPO is now in its second day of bidding, August 6, 2026, and demand has continued to build rapidly. Incorporated in 1993, the company is a prominent player in the sustainable recovery and recycling of end-of-life energy storage products and non-ferrous scrap, specialising in high-purity lead and specialised lead alloys such as lead calcium, lead antimony, lead tin, lead silver, and lead cadmium alloys, used across energy storage, e-mobility, automotive, and chemicals sectors.

This is a ₹425.87 crore IPO, made up of a ₹320 crore fresh issue and an offer for sale of ₹105.87 crore. Part of the money raised goes into the business, while the rest goes to existing shareholders selling part of their stake.

Price band is ₹50 to ₹53 per share. Lot size is 281 shares, so retail investors need ₹14,893 to apply at the upper end. The issue closes August 7, and listing is expected August 12 on both BSE and NSE.

Ardee Industries IPO - Day 2 Subscription Status

Day 1 closed with the issue subscribed 3.08 times overall, after getting fully booked within just two hours of opening. Demand has accelerated sharply on Day 2, with the overall figure climbing to 9.52x by early afternoon.

Category-wise Breakdown on Day 2

Figures as of 1:12 PM, August 6, 2026 (Day 2), sourced from BSE & NSE data. Numbers keep climbing through the day, so treat this as a snapshot, not the final word.

What Day 2 Numbers Indicate

NII has surged further, now at 19.14x, more than tripling from Day 1's already-strong 5.32x. This kind of acceleration in the HNI segment points to growing conviction around listing gains, even this early in the bidding window.

Retail has also jumped sharply, from 3.22x at Day 1's close to 10.16x by Day 2's afternoon reading, comfortably oversubscribed and now firmly in lottery-allotment territory. Based on retail subscription by number of applications (around 8.14x), roughly 1 in 8 retail applicants may receive an allotment if current demand levels hold, though this is an estimate and the final outcome depends on the registrar's computerised lottery.

QIB remains the more measured category, just past full subscription at 1.17x. Institutional investors and big HNIs typically place the bulk of their bids in the closing day or two, so this figure has meaningful room to move before the issue closes on August 7.

Check Ardee Industries IPO Details Here

Ardee Industries IPO - Allotment and listing date

Should You Apply for Ardee Industries IPO?

A few things worth weighing before you decide:

• It's a mix of fresh issue and offer for sale, with ₹320 crore of the ₹425.87 crore raise going toward funding incremental working capital, repaying or prepaying certain outstanding borrowings, and general corporate purposes.
• FY26 total income rose 57% year-on-year to ₹1,168.88 crore, with profit after tax growing 155% to ₹84.68 crore. EBITDA more than doubled to ₹147.08 crore from ₹65.93 crore, and net worth rose to ₹147.38 crore from ₹62.60 crore.
• The issue raised ₹127.76 crore from anchor investors ahead of opening, on August 4, 2026.
• Retail and NII are both deep into oversubscribed territory by Day 2, so allotment in these categories will almost certainly be decided by lottery. Given the pace of demand, the odds of getting an allotment, even for one lot, are shrinking by the hour.
• Promoter holding will come down from 91.48% to 67.62% after the issue.

This is informational content, not investment advice. Weigh your own risk appetite before applying.

How to Apply for Ardee Industries IPO

You can apply through any of these routes:

1. ASBA via net banking – log into your bank's net banking, go to the IPO section, select Ardee Industries, enter quantity and bid price, then authorise.
2. UPI via broker app – open your broker app, find the IPO under current issues, enter your UPI ID and bid details, then approve the mandate on your UPI app.
3. Physical ASBA form – submit through your bank branch if you prefer the offline route.

Bid in multiples of the 281-share lot. Applying at the cut-off price improves your allotment chances since it matches the final discovered price.

Ardee Industries IPO Important Dates

How to Check Ardee Industries IPO Subscription Status

How to check Ardee Industries IPO Subscription Status on NSE website

1. Go to the NSE India website and open the "Live IPO Bidding" section.
2. Select Ardee Industries Limited from the dropdown.
3. You'll see category-wise bid numbers, updated through the trading day.

How to check Ardee Industries IPO Subscription Status on BSE website

1. Visit the BSE India IPO page.
2. Search for Ardee Industries under active issues.
3. Click on it to view live bid quantity against shares reserved, split by category.

How to check Ardee Industries IPO Subscription Status on Ventura?

Log into your Ventura account, go to the IPO section, and select Ardee Industries from the list of live issues. You'll find the live subscription numbers along with your own application status if you've already applied.

IPO Subscription History

Previous Day Subscription

Day 1 closed with the issue subscribed 3.08 times overall, getting fully booked within just two hours of opening. NII led at 5.32x, retail followed at 3.22x, and QIB stood at 1.10x.

Final Subscription Figures

Final numbers will only be available after the issue closes on August 7, 2026. Check back once bidding wraps up for the complete category-wise final tally.

Conclusion

Ardee Industries' IPO has accelerated sharply on Day 2, climbing from 3.08x at Day 1's close to 9.52x by early afternoon. NII has driven much of this surge, now at 19.14x, with retail close behind at 10.16x and comfortably in lottery territory. QIB remains the one category with the most room to move, and with one bidding day still to go after today, all eyes will be on how much institutional demand shows up before the issue closes on August 7.