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Ardee Engineering Files Draft IPO Papers To Raise Rs 580 Crore

Summary by NDTV Profit

Ardee Engineering Ltd. on Friday filed its preliminary papers with the Securities and Exchange Board of India to raise funds via an initial public offering. The public offer will include a mix of fresh issue of shares worth Rs 500 crore and an offer-for-sale up to Rs 80 crore by promoter selling shareholders.The equity shares are proposed to be listed on the National Stock Exchange of India Ltd and BSE Ltd. The company, in consultation with the …

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Ardee Engineering Files Draft IPO Papers To Raise Rs 580 Crore

Ardee Engineering Ltd. on Friday filed its preliminary papers with the Securities and Exchange Board of India to raise funds via an initial public offering. The public offer will include a mix of fresh issue of shares worth Rs 500 crore and an offer-for-sale up to Rs 80 crore by promoter selling shareholders.The equity shares are proposed to be listed on the National Stock Exchange of India Ltd and BSE Ltd. The company, in consultation with the …

3 days ago

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NDTV Profit broke the news in 3 days ago on Friday, March 28, 2025.

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