Ardee Engineering IPO Date, Review, Price, Allotment Details

Ardee Engineering IPO open date is 2025 and the IPO will close on 2025. Ardee Engineering IPO is a Bookbuilding Issue. The company to raise around ₹[.] crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to [.] equity shares with face value of ₹5 each.

Ardee Engineering IPO price band is [.] to [.] per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Ardee Engineering IPO to list on BSE, NSE on 2025. The allotment of Ardee Engineering IPO date is 2025.

The company reported revenue of ₹622.84 crores in 2024. The company reported profit of ₹29.11 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Table of Contents

Ardee Engineering IPO Details

IPO Open Date2025
IPO Close Date2025
Face Value₹5 Per Equity Share
IPO Price Band₹[.] to ₹[.] Per Share
Issue SizeApprox ₹[.] Crores
Fresh IssueApprox ₹[.] Crores
Offer for Sale:Approx [.] Equity Shares
Issue TypeBookbuilding Issue
IPO ListingBSE, NSE
DRHP Draft ProspectusPDF
RHP Draft ProspectusPDF

Ardee Engineering IPO Review & Key Points

  • Review:

Ardee Engineering IPO Market Lot

The Ardee Engineering IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum₹-
Retail Maximum₹-
S-HNI Minimum₹-
S-HNI Maximum₹-
B-HNI Minimum₹-

IPO Reservation

Investor CategoryShare Offered-% Shares
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares75%
NII Shares Offered– Shares15%
Retail Shares Offered– Shares10%

Ardee Engineering IPO Anchor Investors

Anchor Bidding Date2025
Anchor Investors ListPDF
Shares Offered– Shares
Anchor Size– Cr.
lock-in period end date 50% shares (30 Days) 2025
lock-in period end date 50% shares (90 Days) 2025

Ardee Engineering IPO Dates

The Ardee Engineering IPO date is 2025 and the close date is 2025. The Ardee Engineering IPO allotment will be finalized on 2025 and the IPO listing on 2025.

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025
IPO Bidding Cut-off Time:2025 – 5 PM

Promoters and Holding Pattern

The promoters of the company are Chandra Sekhar Moturu, Ragdeep Moturu, Arundeep Moturu and Krishna Kumari Moturu.

ParticularShares% Share
Promoter Holding Pre Issue1,56,60,00099.97%
Promoter Holding Post Issue2,13,07,000 -%

Objects of the Issue & Utilisation of proceeds

PurposeCrores
Funding the capital expenditure requirements of the Company towards setting up two new manufacturing facilities at Seetharampur, Telangana (“Project 1”).₹279.63
Funding the capital expenditure requirements of the Company towards setting up a new integrated manufacturing facility at Parawada, Andhra Pradesh (“Project 2”)₹44.84
Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company₹65
General corporate purposes

About Ardee Engineering IPO

Ardee Engineering Limited, founded in 2020, is one of the fastest-growing integrated design, engineering, and manufacturing companies. The firm is involved in offering a wide range of services, including pre-engineered buildings (PEB), material handling systems (MHS), and engineering services spanning various regions and industries. 

The company started its business in 2008 with the name Ardee Engineering Company, and over the past 16 years, they have completed projects in 13 states. What’s so unique about the company is that it works closely with its customers through the design and development stages to offer unique and customized engineering solutions to fit their needs. As of December 31, 2024, the company includes 175 qualified engineers who work to provide high-quality work. Moreover. Ardee has completed over 100 PEB projects, including warehouses, data centers, factories, airports, schools, and commercial buildings as of December 31, 2024.

Ardee Engineering IPO Company Financial Report

Amount ₹ in Crores

Period EndedRevenueExpensePATAssets
2024₹622.84₹581.52₹29.11₹462.16
September 2024₹289.41₹269.08₹15.6₹494.99

Ardee Engineering IPO Valuation – FY2024

Check Ardee Engineering IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:33.33%
ROCE:20.97%
EBITDA Margin:9.74%
PAT Margin:4.67%
Debt to equity ratio: 1.84
Earning Per Share (EPS):₹7.65 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):33.42%
Net Asset Value (NAV):₹21.77

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Pennar Industries Limited7.2925.1211.26%64.733,130.57 Cr.
Everest Industries Limited11.4240.703.01%378.761,575.45 Cr.
Capacite Infraprojects Limited16.0921.957.94%179.231,931.64 Cr.
PSP Projects Limited34.1618.4613.44%254.162,505.79 Cr.
Ahluwalia Contracts (India) Limited55.9514.5023.43%238.803,855.30 Cr.
ISGEC Heavy Engineering Limited33.1429.7110.33%335.446,219.34 Cr.
Interarch Building Products Limited58.6825.3219.54%306.111,293.30Cr.

IPO Lead Managers aka Merchant Bankers

  • IIFL Capital Services Ltd.
  • JM Financial Ltd.

Company Address

Ardee Engineering Ltd.
8-2-334/K/1, Flat Nos. 101,
102 and 103 Aditya Court, Road No.5, Banjara Hills
Hyderabad, Telangana, India
Hyderabad, Telangana, 500034
Phone: +914023543451
Email: [email protected]
Website: http://www.ardee.co.in/

IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/IPO_Status.html

Ardee Engineering IPO FAQs

What is Ardee Engineering IPO?

Ardee Engineering IPO is Mainboard IPO. The company is going to raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Ardee Engineering IPO will open for subscription?

The IPO is to open on 2025 for QIB, NII, and Retail Investors. The IPO will close on 2025.

What is Ardee Engineering IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Ardee Engineering IPO?

You can apply for Ardee Engineering IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Ardee Engineering IPO Issue Size?

Ardee Engineering IPO issue size is ₹[.] crores.

What is Ardee Engineering IPO Price Band?

Ardee Engineering IPO Price Band is ₹[.] to ₹[.].

What is Ardee Engineering IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Ardee Engineering IPO Allotment Date?

Ardee Engineering IPO allotment date is 2025.

What is the Ardee Engineering IPO Listing Date?

Ardee Engineering IPO listing date is 2025. The IPO is to list on BSE & NSE.

Note: The Ardee Engineering IPO price band and date are officially announced. The (Ardee Engineering IPO grey market premium) will be added to the IPO GMP page as it will start).

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

Leave a Reply

Your email address will not be published. Required fields are marked *