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Ardee Engineering Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of TBD. The offering comprises a fresh issue component of TBD.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
💡 Read our detailed guide: What is IPO Grey Market Premium (GMP) & How It Works?
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- Chandra Sekhar Moturu
- Ragdeep Moturu
- Arundeep Moturu
- Krishna Kumari Moturu
Ardee Engineering Limited
Bigshare Services Private Limited

