Ardee Engineering Gains Sebi Green Light for Rs 580 Crore IPO
Published on: Aug. 26, 2025, 4:39 p.m. | Source: Devdiscourse
Ardee Engineering Ltd received approval from Sebi to initiate an IPO worth Rs 580 crore. The IPO consists of a fresh issue of Rs 500 crore and an OFS of Rs 80 crore. Funds will primarily finance new manufacturing facilities, debt payment, and general corporate purposes.
