- Q1. What is the business of Ardee Engineering Limited?Ardee Engineering Limited is an industrial engineering company specializing in pre-engineered buildings, material-handling systems, heavy fabrication, and automation solutions. It serves key sectors like steel, power, infrastructure, logistics, and defence, delivering turnkey engineering, manufacturing, and installation services across India.
- Q2. Why is the company raising funds via IPO?The IPO aims to fuel growth by expanding manufacturing capacity, reducing debt, strengthening working capital, and supporting long-term projects. It also helps increase brand visibility, improve financial flexibility, and position the company competitively in India’s rapidly growing infrastructure and industrial engineering landscape.
- Q3. What is the size of the issue and where will it list?Ardee Engineering’s IPO is around ₹580 crore, including fresh issue and offer for sale. Once approved, the shares will list on BSE and NSE, providing wider investor access and enhancing liquidity for existing shareholders.
- Q4. What are the risks to an investor?Key risks include intense industry competition, project-based revenue volatility, high working-capital needs, and dependence on capital-heavy sectors like steel and infrastructure. Any delays in orders, raw-material price swings, or economic slowdown can directly impact margins and profitability.
- Q6. How to apply for the IPO?Investors can apply through any broker’s ASBA-enabled online platform, UPI-based IPO application via mobile trading apps, or net banking services. Select the IPO, enter lot size, approve the UPI mandate, and track allotment through the registrar once bidding closes.
Closed
Ardee Engineering Limited
0
IPO Score
0
*Score varies on actual price
Ardee Engineering Ltd is a leading engineering and manufacturing company specializing in the design, fabrication, and installation of high-quality industrial equipment and structures. With decades of expertise in mechanical, electrical, and civil engineering solutions, the company serves diverse sectors such as power, steel, cement, petrochemical, and infrastructure.
The business began as a partnership firm on 18 January 2008. It was incorporated as a private limited company on 20 July 2020. Mr. Chandra Sekhar Moturu is the Chairman & Managing Director.
Issue size of the IPO is ₹ 426 Crore, consisting as Fresh issue of ₹ 320 Crore & OFS of 2 Crore equity shares.
Subscription date to apply for Ardee Engineering Limited starts on 5th August & ends on 7th August. Price band for the IPO is ₹ 50-53.
Revenue, PAT, EBITDA
|
Year
|
2024
|
|---|---|
|
Networth
|
₹ 87.1 Cr
|
|
Revenue
|
₹ 621 Cr
|
|
EBITDA
|
₹ 60.64 Cr
|
|
PAT
|
₹ 291.05 Cr
|
|
EBITDA Margin
|
9.74%
|
|
PAT Margin
|
4.67%
|
|
Face Value
|
Rs.05 per Equity Share
|
IPO Important Dates
|
#
|
Date
|
|---|---|
|
Open Date
|
05-Aug'26
|
|
Close Date
|
07-Aug'26
|
|
Anchor Investor Bidding
|
04-Aug'26
|
|
Allotment Date
|
10-Aug'26
|
|
Refunds& Demat Credit
|
11-Aug'26
|
|
Tentative Listing Date
|
12-Aug'26
|
Use Of Proceeds
|
Purpose
|
Amount
|
|---|---|
|
Borrowing payment
|
₹ 65 Cr
|
|
Working Capital Requirement
|
₹ 324.4 Cr
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
General Corporate Purpose
|
Balance
|
Financial Data
|
#
|
2022
|
2023
|
2024
|
|---|---|---|---|
|
Revenue (₹ Cr)
|
₹ 216.9
|
₹ 331.3
|
₹ 621.0
|
|
PAT (₹ Cr)
|
₹ 1.3
|
₹ 10.9
|
₹ 29.1
|
|
Asset (₹ Cr)
|
₹ 180.2
|
₹ 256.7
|
₹ 462.2
|
|
Net Worth (₹ Cr)
|
₹ 12.1
|
₹ 33.0
|
₹ 87.1
|
IPO Grey Market Premium
|
Date
|
IPO Price
|
IPO GMP
|
Profit Per Lot
|
|---|---|---|---|
|
08-Aug
|
₹ 50-53
|
₹ –
|
₹ –
|
|
07-Aug
|
₹ 50-53
|
₹ 15
|
₹ 4215
|
|
06-Aug
|
₹ 50-53
|
₹ 15
|
₹ 4215
|
|
05-Aug
|
₹ 50-53
|
₹ 9
|
₹ 2529
|
|
04-Aug
|
₹ 50-53
|
₹ 8
|
₹ 2248
|
Promoters – Pre offer equity (Approx)
|
Promoters
|
% Shares
|
|---|---|
|
Chandra Sekhar Moturu
|
89.99%
|
|
Ragdeep Moturu
|
10%
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
|
-
|
-
|
Lot Size details
|
Application Type
|
Lot Size
|
No. of Lot
|
No. of Shares
|
Investment Amount
|
|---|---|---|---|---|
|
Retail (Min)
|
281 Shares
|
1
|
281
|
₹ 14,893
|
|
Retail (Max)
|
281 Shares
|
13
|
3,653
|
₹ 1,93,609
|
|
HNI (Min)
|
281 Shares
|
14
|
3,934
|
₹ 2,08,502
|
|
HNI (Max)
|
281 Shares
|
66
|
18,546
|
₹ 9,82,938
|
|
Big HNI (Min)
|
281 Shares
|
67
|
18,827
|
₹ 9,97,831
|
Key Performance Index (KPI)
|
ROE
|
72%
|
|---|---|
|
ROCE
|
25.2%
|
|
RoNW
|
53.15%
|
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