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  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 rupee2 each ("Equity Shares") of Ardee Industries Limited ("Company" or "Issuer") for cash at a price of rupee53 per equity share (including a share premium of rupee51 per equity share) ("Offer Price") aggregating to rupee425.87 Crores comprising a fresh issue of 60,376,950 equity shares of face value of rupee2 each aggregating to rupee320.00 Crores by the company ("Fresh Issue") and an offer for sale of 19,975,000 equity shares of face value of rupee2 each aggregating to rupee105.87 Crores ("Offered Shares") comprising 9,987,500 equity shares of face value of rupee2 each aggregating to rupee52.93 Crores by Sandeep Aggarwal and 9,987,500 equity shares of face value of rupee2 each aggregating to rupee52.93 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: rupee53 per equity share of face value of rupee2 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 rupee2 each and in multiples of 281 equity shares of face value of rupee2 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  
 
Projects
 Funding incremental working capital requirement of the Company General corporate purposes
 Repayment and/or pre-payment, in full or in part, of certain borrowings availed by its Company
Promoted By
 Sandeep Aggarwal
 Nikunj Aggarwal
 Esha Gupta
Listing At
 BSE 
 NSE 
Registrar to the Issue
 KFin Techologies Ltd