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.
Ardee Engineering IPO Size
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.
Ardee Engineering IPO 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 |
Key Performance Indicators (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.
Promoter Holding
Promoter
100.00%
Public
0.00%
Management
Registrar & Lead Managers
Registrar
Bigshare Services
Lead Managers (2)
Company Details
Name: Ardee Engineering Limited
Address: 8-2-334/K/1, Flat Nos. 101, 102 and 103 Aditya Court Road No.5, Banjara Hills, Hyderabad 500 034 Telangana, India
Number: +91 40 2354 3451
Email: compliance@ardee.co.in
Website: https://ardee.co.in/
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