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Company Contact Information
Ardee Industries Ltd
Registered Office: Khasra No.340 1st & 3rd Floor, Village Sultanpur Gadaipur, New Delhi - 110030, New Delhi
Phone: +91 11 4760 0214
Email: cs@ardeeindustries.com
Website: www.ardeeindustries.com
Initial public offer of 80,351,950 equity shares of face value of Rs. 2 each ("Equity Shares") of Ardee Industries Limited ("Company" or "Issuer") for cash at a price of Rs. 53 per equity share (including a share premium of Rs. 51 per equity share) ("Offer Price") aggregating to Rs. 425.87 Crores comprising a fresh issue of 60,376,950 equity shares of face value of Rs. 2 each aggregating to Rs. 320.00 Crores by the company ("Fresh Issue") and an offer for sale of 19,975,000 equity shares of face value of Rs. 2 each aggregating to Rs. 105.87 Crores ("Offered Shares") comprising 9,987,500 equity shares of face value of Rs. 2 each aggregating to Rs. 52.93 Crores by Sandeep Aggarwal and 9,987,500 equity shares of face value of Rs. 2 each aggregating to Rs. 52.93 Crores by Nikunj Aggarwal (collectively, the "Promoter Selling Shareholders") and such offer for sale, together with the fresh issue, the "Offer". The offer constituted 25.49% of the post-offer paid up equity share capital of the company. Price Band: Rs. 53 per equity share of face value of Rs. 2 each. The floor price is 26.50 times of the face value of the equity shares. Bids can be made for a minimum of 281 equity shares of face value of Rs. 2 each and in multiples of 281 equity shares of face value of Rs. 2 each thereafter.
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
05-Aug-2026 07-Aug-2026 ₹ 53.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 281.0 Further Multiples of : 281.0
(₹)Cr. Lead Managers to the Issue
Project Cost 286.27 Pantomath Capital Advisors Private Limited
Project Financed through Current Offer 425.87
Post Issue Equity Share Capital 67.04
Issue Price ₹53.00
Projects
Projects
Funding incremental working capital requirement of the Company
Repayment and/or pre-payment, in full or in part, of certain borrowings availed by its Company
General corporate purposes
Promoted By
Promoted By
Sandeep Aggarwal
Nikunj Aggarwal
Esha Gupta
Listing At
Listing At
BSE
NSE
Registrar to the Issue
Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

78,009.25 -70.71 (-0.09%)

Nifty

24,366.00 -29.85 (-0.12%)

GLOBAL INDICES

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NASDAQ
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25,116.86 -279.66(-1.10%)