India’s construction market reached around USD 288.4 billion in 2023, and it’s expected to keep growing steadily at about 9% per year until 2029. Ardee Engineering Limited, working in the same industry, is going public in the Indian share market.
IIFL Capital and JM Financial are managing the IPO; Bigshare Services is gearing up to register it. See the allotment status.
Also, check the Ardee Engineering DRHP.
Note: For Ardee Engineering Private Limited IPO, 50% of the IPO shares will become tradable 30 days after allotment, and the remaining portion will be released from lock-in after 90 days.
The company profile of Ardee Engineering is mentioned below:
Let's see all the details of the Ardee Engineering IPO.
For the Ardee Engineering IPO, the DRHP was filed with SEBI on April 1, 2025, and the company received approval on August 22, 2025.
Find out the most essential risks and strengths of Ardee Engineering:
Strengths
Trusted Industry Partner: Has long-term ties with big industrial clients. It is a sign of strong reliability.
Smart Custom Solutions: Known for delivering tailor-made, end-to-end engineering projects.
Built for Growth: Strong foothold in infrastructure-heavy sectors that keep seeing fresh demand.
Risks
Up-and-Down Sectors: Heavily linked to industries like power and mining that move in cycles.
Less Financial Clarity: Not much public financial information could make investors cautious.
Project-Based Earnings: Most income depends on ongoing projects, which can cause cash flow swings.
Cost and Supply Woes: Vulnerable to raw material price hikes or supply delays.
Ardee Engineering IPO's GMP is not out yet as of 6 October 2025. You can check out the company’s profile in the meantime and keep an eye out for live GMP updates.
Also, if you’re planning to invest, take a look at the live subscription details if you will be investing in the Ardee Engineering IPO. Apply Today.
1. How is the Ardee Engineering IPO review?
Ardee Engineering is seen as one of the PEB solutions companies. With this IPO, it will expand the capital. For the latest sentiment, you can look for the GMP updates.
2. What is the Ardee Engineering IPO date?
The IPO open date and the close date are not yet available as of 6 October 2025. Live subscription details can be monitored through FinnPick, showing live subscription data in real time.
3. What is the Ardee Engineering IPO price?
The Ardee Engineering share price is unavailable as of 6 October 2025. Also, don't forget to check the IPO size and Ardee Engineering Pvt Ltd turnover.
4. Should I use a demat account to bid for the Ardee Engineering IPO?
Yes, a demat account is required to bid for the Ardee Engineering IPO. Click here to get the ultimate list of the top demat account providers.