Ardee Industries Limited proposes to open the initial public offering of its equity shares of face value ₹2 each on Wednesday, August 05, 2026. The Anchor Investor Bidding Date is a Working Day prior to Bid/Offer Opening Date, being Tuesday, August 04, 2026. The Bid/Offer Closing Date is Friday, August 07, 2026.
- Issue Opens: August 5, 2026
- Issue Closes: August 7, 2026
- Face Value: Rs 2
- Price Band: Rs 50 – 53 per share
- Minimum Bid Lot: 281 Equity Shares
The Price Band of the Offer has been fixed from ₹ 50 per Equity Share of face value ₹2 each to ₹53 per Equity Share of face value of ₹2 each. Bids can be made for a minimum of 281 Equity Shares of face value ₹2 each and multiples of 281 Equity Shares of face value ₹2 each thereafter.
The Offer comprises a fresh issue of Equity Shares aggregating up to ₹320 Crores (the “Fresh Issue”) and an Offer for Sale of up to 19,975,000 Equity Shares by certain promoter selling shareholders including up to 9,987,500 Equity Shares of face value ₹2 each by Sandeep Aggarwal and up to 9,987,500 Equity Shares of face value ₹ 2 each by Nikunj Aggarwal (together the “Promoter Selling Shareholders”)
