About Ardee Engineering
Founded in 2020, Ardee Engineering Limited is a design, engineering, and manufacturing integrated company focused on Pre-Engineered Buildings (PEB), Material Handling Systems (MHS), and Engineering Services. Business Segments: Pre-Engineered Buildings (PEB): The firm offers design, engineering, fabrication, and project management for the installation and construction of PEB buildings. ARDEE ENGINEERING LIMITED has completed projects for JK Cement Limited, RVR Projects Limited, Blue Ocean Biotech Private Limited, SRR Projects Private Limited, and e-commerce and infrastructure firms. As on December 31, 2024, the firm has successfully completed more than 100 PEB projects, such as warehouses, fulfilment centers, data centers, logistics infrastructure, manufacturing facilities, airports, schools, and commercial offices. Material Handling Systems (MHS): The company has designed, engineered, and built specialized material handling and processing systems to solve bulk material handling problems in manufacturing. Assignments consist of work for RVR Projects Private Limited and Arcelor Mittal Nippon Steel India Limited. Engineering Services: the company offers services in heavy structural and precision engineering equipment and electrical instrumentation with automation. The company has diversified into the defence and aerospace sectors. Operations & Workforce: The firm has five manufacturing facilities in Andhra Pradesh and Telangana. As of December 31, 2024, the firm had 678 permanent and 246 contractual employees. Financials & Presence: As of December 31, 2024, the firm's order book was Rs 8,929.55 million. In the last 16 years, the firm has executed projects in 13 states.
Ardee Engineering IPO - Issue Objectives
- Funding the capital expenditure requirements of the Company towards setting up two new manufacturing facilities at Seetharampur, Telangana (Project 1).
- Funding the capital expenditure requirements of the Company towards setting up a new integrated manufacturing facility at Parawada, Andhra Pradesh (Project 2)
- Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company
Live IPOs
National Stock Exchange of India
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
National Stock Exchange of India Mainboard | 17th Sep 2026 - 21st Sep 2026 | 22561.57 Cr | 8 Shares | ₹ 1700.00 | |
Antala Industries SME | 29th Oct 2026 - 5th Nov 2026 | 22.98 Cr | 2000 Shares | ₹ 62.00 |
