Ardee Industries Limited was originally incorporated as Ardee Industries Private Limited', a private limited Company at Chennai, Tamil Nadu, dated September 16, 1993, with the Assistant Registrar of Companies. Thereafter, Company was converted into a Public Limited company and the name of the Company was changed to Ardee Industries Limited' issued by the Registrar of Companies, Central Registration Centre on May 6, 2025.
The Company took over the manufacturing operations of Pure Lead and Lead Alloys in 2021 and commenced the exports during the year. Since then, Company engages in the business of manufacturing non ferrous metal and batteries along with process, refine mix, recycling of lead, lead oxide, red oxide, etc. Company specializes in manufacturing of pure lead and lead alloys that conform to international standards, with purity levels ranging from 99.97% to 99.985%. The Company operate a manufacturing plant in Tirupati District of Andhra Pradesh having the installed capacity of 1,04,025 MPTA.
The Company undertake recovery and recycling of end-of-life energy storage products and non-ferrous scrap into high-quality materials. The main products derived from such products include, pure lead and lead alloys. Further, the products consist of pure lead and lead alloys such as
lead calcium alloys, lead antimony alloys, lead tin alloys, lead silver alloys and lead cadmium alloys.
Company is planning the IPO by raising a fresh issue of Rs 320 Cr Equity Shares having face value of Rs 2 each and by issuing 37,650,000 Equity Shares through offer for sale.