Ardee Industries IPO Subscription Status Day 3 – Live Updates & Key Details

Introduction

Ardee Industries' IPO has entered its third and final day of bidding on August 7, 2026, and demand has continued to build through the closing stretch. 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 by promoters Sandeep Aggarwal and Nikunj Aggarwal. Part of the money raised goes into the business, while the rest goes to the selling promoters.

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 today, August 7, and listing is expected August 12 on both BSE and NSE.

Ardee Industries IPO - Day 3 Subscription Status

Day 2 closed with the issue subscribed 14.16 times overall, with NII crossing 30 times subscription. As the final day of bidding gets underway, momentum has carried through into the morning, keeping the issue firmly in the double-digit subscription range.

Category-wise Breakdown on Day 3

Figures as of 4:03 AM, August 7, 2026 (Day 3, closing day). As of Day 2's close, the issue had received bids for 82.72 crore shares against 5.84 crore shares on offer. Final-day figures typically post after 10 AM and will keep climbing through the day as bidding wraps up this evening.

What Day 3 Numbers Indicate

NII has stayed the standout category through the entire bidding window, now past 30 times subscription, reflecting sustained big-ticket HNI conviction that only strengthened as the issue progressed. Retail has also held firm at over 14 times, continuing the strong individual-investor response seen since Day 1.

QIB remains the more measured category at 1.30x. Institutional investors typically place the bulk of their bids in the final hours of the closing day, so this figure is expected to move meaningfully higher as the window shuts this evening.

With the issue already well past 14x by the early hours of the final day, and one full day of bidding still ahead, this has firmly established itself as one of the most heavily sought-after mainboard IPOs of the current batch.

Ardee Industries IPO Subscription Status – Day 3 & Day

Today marks the close of bidding. Expect the sharpest movement to come in QIB numbers over the course of the day, as institutional investors typically finalise their bids only in the last few hours before the window shuts this evening. Given the pace already seen in NII and retail, the final overall figure could climb well beyond the current 14.16x reading.

Ardee Industries IPO - Allotment and listing date

Should You Apply for Ardee Industries IPO?

A few things worth weighing on the last day:

• 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.
• With retail already subscribed over 14 times and NII past 30 times by the final day, allotment in both categories will almost certainly be decided by a computerised lottery, with the odds of getting shares shrinking further as the day progresses.
• 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.

Since this is the closing day, get your application in well before the cut-off this evening. Bid in multiples of the 281-share lot, and apply at the cut-off price to keep your allotment chances intact.

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 www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
2. Click "Equity & SME IPO Bid Details."
3. Under the "Select Symbol" dropdown, choose "ARDEE."
4. 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, after getting fully booked within just two hours of opening, with NII at 5.32x, retail at 3.22x, and QIB at 1.10x. Day 2 climbed sharply to 14.16 times overall, with NII crossing 30x and retail past 14x, while QIB stood at 1.30x.

Final Subscription Figures

Final numbers will only be available once bidding closes this evening, August 7, 2026. Check back after the window shuts for the complete category-wise final tally.

Conclusion

Ardee Industries' IPO has carried strong momentum into its final day, standing at 14.16x overall in the early hours of Day 3, with NII past 30 times subscription and retail comfortably past 14 times. QIB, at 1.30x, remains the category with the most room to move as institutional investors typically place the bulk of their bids in the closing hours. With allotment for retail and NII now certain to be decided by lottery given the scale of demand, this is shaping up to be one of the most sought-after mainboard IPOs of the current cycle as the window closes this evening.