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Allotment
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Listing
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Issue Size
[.] shares (agg. up to ₹580 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 |
|---|---|---|
| Assets | 494.99 | 462.16 |
| Total Income | 289.41 | 622.84 |
| Profit After Tax | 15.60 | 29.11 |
| NET Worth | 102.69 | 87.10 |
| Reserves and Surplus | 83.10 | 67.31 |
| Total Borrowing | 189.63 | 185.06 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the capital expenditure requirements of the Company towards setting up two new manufacturing facilities at Seetharampur, Telangana (“Project 1”). | 279.63 |
| 2 | Funding the capital expenditure requirements of the Company towards setting up a new integrated manufacturing facility at Parawada, Andhra Pradesh (“Project 2”) | 44.84 |
| 3 | Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company | 65.00 |
| 4 | General corporate purposes |
About Ardee Engineering IPO
Incorporated in 2020, Ardee Engineering Limited is an integrated design, engineering, and manufacturing company specialising in Pre-Engineered Buildings (PEB), Material Handling Systems (MHS), and Engineering Services. Business Segments: Pre-Engineered Buildings (PEB): The company provides design, engineering, manufacturing, and project management for the installation and erection of PEB structures. ARDEE ENGINEERING LIMITED has executed projects for JK Cement Limited, RVR Projects Limited, Blue Ocean Biotech Private Limited, SRR Projects Private Limited, and e-commerce and infrastructure companies. As of December 31, 2024, the company has completed over 100 PEB projects, including warehouses, fulfilment centers, data centres, logistics infrastructure, manufacturing units, airports, schools, and commercial buildings. Material Handling Systems (MHS): The company designs, engineers, and constructs customized material handling and processing systems to address bulk material handling challenges in manufacturing. Projects include work for RVR Projects Private Limited and Arcelor Mittal Nippon Steel India Limited. Engineering Services: the company provides services in heavy structural an
Contact Details
Ardee Engineering Ltd. Address8-2-334/K/1, Flat Nos. 101,102 and 103 Aditya Court, Road No.5, Banjara HillsHyderabad, Telangana, IndiaHyderabad, Telangana, 500034+914023543451compliance@ardee.co.inVisit Website