
Ardee Engineering
Open Date
TBA
Close Date
TBA
About Ardee Engineering
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.
Ardee Engineering IPO - Issue Objectives
1 Funding the capital expenditure requirements of the Company towards setting up two new manufacturing facilities at Seetharampur, Telangana (Project 1). 2 Funding the capital expenditure requirements of the Company towards setting up a new integrated manufacturing facility at Parawada, Andhra Pradesh (Project 2) 3 Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company 4 General corporate purposes
Objectives
1 Funding the capital expenditure requirements of the Company towards setting up two new manufacturing facilities at Seetharampur, Telangana (Project 1). 2 Funding the capital expenditure requirements of the Company towards setting up a new integrated manufacturing facility at Parawada, Andhra Pradesh (Project 2) 3 Prepayment or re-payment, in full or in part, of certain outstanding borrowings availed by the Company 4 General corporate purposes
Financials of Ardee Engineering
In Cr.
Revenue: ₹289.41
Profit: ₹15.60
| Key Performance Indicator | 31-Sep-24 (In Cr.) | 31-Mar-24 (In Cr.) | 31-Mar-23 (In Cr.) |
|---|---|---|---|
| Revenue | 289.41 | 622.84 | |
| EBITDA | |||
| Expenses | |||
| Profit After Tax | 15.6 | 29.11 | |
| Assets | 494.99 | 462.16 | |
| Net Worth | 102.69 | 87.1 | |
| Reserves | 83.1 | 67.31 | |
| Borrowing | 189.63 | 185.06 |
Ardee Engineering - Promoter(s)
Chandra Sekhar Moturu
Ragdeep Moturu
Arundeep Moturu
Krishna Kumari Moturu
N/A
N/A
Contact Details
Ardee Engineering
8-2-334/K/1, Flat Nos. 101, 102 and 103 Aditya Court, Road No.5, Banjara Hills Hyderabad, Telangana, 500034
Registrar Contact Details
Bigshare Services Pvt.Ltd
Ardee Engineering IPO - FAQs
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