Ardee Engineering Limited IPO

Incorporated in 2020, Ardee Engineering Limited is an integrated design, engineering, and manufacturing company that works in pre-engineered buildings, material handling systems, and engineering services. The company offers end-to-end solutions for pre-engineered buildings, including design, manufacturing, and project execution, and has completed over 100 projects such as warehouses, fulfilment centres, data centres, manufacturing units, airports, schools, and commercial buildings for clients in the infrastructure, cement, and e-commerce sectors. It also develops customised material handling systems for bulk material processing and provides engineering services in heavy structural and precision engineering along with electrical instrumentation and automation, with a growing presence in defence and aerospace. Ardee Engineering operates five manufacturing units in Andhra Pradesh and Telangana and, as of December 31, 2024, had 678 permanent employees and 246 contract employees. The company had an order book of Rs 8,929.55 million and has executed projects across 13 states over the past 16 years.