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Ardee Engineering IPO IPO

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Issue Size
[.] shares (agg. up to ₹580 Cr)
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202431 Mar 2024
Assets494.99462.16
Total Income289.41622.84
Profit After Tax15.6029.11
NET Worth102.6987.10
Reserves and Surplus83.1067.31
Total Borrowing189.63185.06
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding the capital expenditure requirements of the Company towards setting up two new manufacturing facilities at Seetharampur, Telangana (“Project 1”).279.63
2Funding the capital expenditure requirements of the Company towards setting up a new integrated manufacturing facility at Parawada, Andhra Pradesh (“Project 2”)44.84
3Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company65.00
4General corporate purposes

About Ardee Engineering IPO

Updated on Jun 22, 2026

Contact Details

Ardee Engineering Ltd. Address8-2-334/K/1, Flat Nos. 101,102 and 103 Aditya Court, Road No.5, Banjara HillsHyderabad, Telangana, IndiaHyderabad, Telangana, 500034+914023543451compliance@ardee.co.inVisit Website