| Ardee Industries Ltd |
|
Registered Office:
Khasra No.340 1st & 3rd Floor,Village Sultanpur Gadaipur
,
New Delhi
-
110030
,
New Delhi
, India.
Phone :
+91 11 4760 0214 Fax:
Email : cs@ardeeindustries.com
Website : www.ardeeindustries.com
|
Initial public offer of 80,351,950 equity shares of face value of 2 each ("Equity Shares") of Ardee Industries Limited ("Company" or "Issuer") for cash at a price of 53 per equity share (including a share premium of 51 per equity share) ("Offer Price") aggregating to 425.87 Crores comprising a fresh issue of 60,376,950 equity shares of face value of 2 each aggregating to 320.00 Crores by the company ("Fresh Issue") and an offer for sale of 19,975,000 equity shares of face value of 2 each aggregating to 105.87 Crores ("Offered Shares") comprising 9,987,500 equity shares of face value of 2 each aggregating to 52.93 Crores by Sandeep Aggarwal and 9,987,500 equity shares of face value of 2 each aggregating to 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: 53 per equity share of face value of 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 2 each and in multiples of 281 equity shares of face value of 2 each thereafter. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 05-Aug-26 |
07-Aug-26 |
Rs53.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :281 Further Multiples of :281 |
| |
RsCr |
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 |
Rs53.00 |
|
|