techonology ipo watch ardee engineering files draft papers with sebi for 580 crore issue

Ipo Watch: Ardee Engineering Files Draft Papers With Sebi For ?580 Crore Issue

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IPO Watch: Ardee Engineering Limited has filed a draft red herring prospectus for an IPO to raise ?580 crore. The company, which specializes in design and manufacturing, reported an operational revenue of ?620 crore for FY 2024 and plans to invest in new manufacturing facilities.