Ardee Engineering files draft papers with Sebi for Rs 580 crore IPO




Ardee Engineering plans a Rs 580 crore IPO, including Rs 500 crore fresh issue.
Rs 279.6 crore will fund new plants in Telangana & Andhra Pradesh.
Rs 65 crore allocated for debt repayment, rest for corporate use.
Company specializes in pre-engineered buildings, material handling & engineering services.

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