Ardee Engineering came to market through an IPO that opened on 5 August 2026 and closed on 7 August 2026, and the shares listed on 12 August 2026 on BSE, NSE. The price band was ₹50 to ₹53 per share. The issue size was ₹500 crore. Bigshare Services Pvt.Ltd was the registrar to the issue, and IIFL Capital Services Ltd, JM Financial Ltd were the lead managers.
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.
As described in the offer document.
| Metric | 31-Sep-24 | 31-Mar-24 |
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Chandra Sekhar Moturu, Ragdeep Moturu, Arundeep Moturu, Krishna Kumari Moturu.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Ardee Engineering IPO is a book-built issue of about ₹500 crore, proposed to be listed on BSE and NSE. The IPO dates, price band and lot size are yet to be announced. Bigshare Services Pvt. Ltd. is the registrar. IIFL Capital Services Ltd and JM Financial Ltd are the book running lead managers.
The price details for Ardee Engineering IPO are not available yet.
The lot size of Ardee Engineering IPO is not announced yet.
The minimum investment for Ardee Engineering IPO is not announced yet.
Ardee Engineering IPO opening and closing dates are not announced yet. We will update the Ardee Engineering IPO opening and closing dates as soon as they are available.
Ardee Engineering IPO allotment date is not announced yet. We will update the Ardee Engineering IPO allotment date as soon as it is available.
Ardee Engineering IPO listing date is not announced yet. We will update the Ardee Engineering IPO listing date as soon as it is available.
No recorded Grey Market Premium (GMP) quote is currently available for Ardee Engineering IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Ardee Engineering IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ardee Engineering IPO allotment status on Rupix for quick and easy access.
₹50 to ₹53 per share, against a face value of ₹5. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
It opened on 5 August 2026 and closed on 7 August 2026.
The shares listed on 12 August 2026 on BSE, NSE.
The issue size was ₹500 crore.