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IPO-Synopsis
Ardee Industries Ltd
Initial public offer of up to 80,352,358 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 up to Rs. 425.87 Crores comprising a fresh issue of up to 60,377,358 equity shares of face value of Rs. 2/- each aggregating up to Rs. 320.00 Crores by the company ("Fresh Issue") and an offer for sale of up to 19,975,000 equity shares of face value of Rs. 2/- each aggregating up to Rs. 105.87 Crores ("Offered Shares") comprising up to 9,987,500 equity shares of face value of Rs. 2/- each aggregating up to Rs. 52.93 Crores by Sandeep Aggarwal and up to 9,987,500 equity shares of face value of Rs. 2/- each aggregating up 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 shall constitute [*]% 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.
Issue
Opens On Closes On
05-Aug-26 07-Aug-26
Money Payable On
Application Allotment
53.00 0.00
Minimum Application for shares in Nos : 281 Further Multiples of : 281
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Pantomath Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 425.87  
Post Issue Equity Share Capital (.Cr) 67.04
Issue Price () 53.00
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
Sandeep Aggarwal
Nikunj Aggarwal
Esha Gupta
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

DJIA 53996.18
-61.75 -0.11%
S&P 500 7774.29
-4.35 -0.06%
HANG SENG 25652.83
-284.67 -1.10%
NIKKEI 225 66870.65
1263.94 1.93%
FTSE 100 10869.98
-31.11 -0.29%
NIFTY 24471.70
-112.10 -0.46%
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