Business Overview
Ardee Engineering is an integrated design, engineering, and manufacturing enterprise in India, operating across three major segments: pre-engineered buildings (PEBs), material handling systems, and engineering services. In the PEB segment, it offers end-to-end solutions including design, manufacturing, installation, and project management with a total installed capacity of about 44,144 metric tonnes per annum. The company also provides customized material handling and processing systems, along with expertise in heavy structural, precision engineering, and electrical automation projects. With 16 years of experience, it has successfully executed projects across 13 Indian states.
Objects of Issue
- Funding the capital expenditure requirements of the Company towards setting up two new manufacturing facilities at Seetharampur, Telangana.
- Funding the capital expenditure requirements of the Company towards setting up a new integrated manufacturing facility at Parawada, Andhra Pradesh.
- Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company.
- General corporate purposes.
Financial Performance
(Rs. in crores)
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 288.28 | 620.99 | 331.25 | 216.86 |
| Profit after Tax | 15.60 | 29.11 | 10.91 | 1.29 |
| Net Worth | 102.69 | 87.10 | 32.99 | 12.08 |
| Total Borrowing | 189.63 | 185.06 | 103.29 | 74.69 |
| Total Assets | 494.99 | 462.16 | 256.72 | 180.21 |
| NAV per share (in ₹) | 25.67 | 21.77 | 8.68 | 6.71 |
| EPS - Basic (in ₹) | 3.90 | 7.65 | 4.70 | 0.71 |
KPIs
EBITDA
9.74%
PAT
4.67%
ROE
33.33%
ROCE
20.97%
Net Debt to Equity
1.84
- All the data pertains to FY 2023-24
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
100.00%
Public
0.00%
Management
Frequently Asked Questions
What is Ardee Engineering IPO?
When will Ardee Engineering IPO open?
What is the GMP of Ardee Engineering IPO?
What is the lot size of Ardee Engineering IPO?
When is the allotment of Ardee Engineering IPO?
What is the listing date of Ardee Engineering IPO?
What is the subscription of Ardee Engineering IPO?
What is the price band of Ardee Engineering IPO?
How to check allotment status of Ardee Engineering IPO?
How to apply Ardee Engineering IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Ardee Engineering IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Ardee Engineering IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Ardee Engineering IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date