Ardee Engineering Limited IPO DRHP
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 Objects
- 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 Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹500.00 Cr ( Shares) |
Offer For Sale₹80.00 Cr ( Shares) |
Total Issue₹580.00 Cr ( Shares) |
Face Value₹5 per equity share |
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 10% of Net Offer |
Ardee Engineering IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| 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 Details
| Name | Shareholding |
|---|---|
| Chandra Moturu | 89.99% |
| Ragdeep Moturu | 10.00% |
| Others | 0.01% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Chandra Moturu | Chairman & MD |
| Krishna Moturu | CFO |
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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Ardee Engineering IPO is a Mainboard IPO having an issue size of Rs. ₹580.00 Crs. Ardee Engineering IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.
Ardee Engineering IPO opens on 11 Feb 26 and closes on 11 Feb 26.
The estimated Grey Market Premium of Ardee Engineering IPO is ₹0 per share (-).
The minimum lot size of Ardee Engineering IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Ardee Engineering IPO is 11 Feb 26.
The listing date of Ardee Engineering IPO is 11 Feb 26.
Ardee Engineering IPO is subscribed -.
Ardee Engineering IPO is priced at ₹ - ₹ per share.
Click the allotment link on Ardee Engineering IPO page of IPO360.
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