Ardee Engineering IPO vs Studds Accessories IPO

Comparison between Ardee Engineering IPO and Studds Accessories IPO.

IPO Details

Ardee Engineering IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Studds Accessories IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Ardee Engineering IPO is up to ₹0.56 Cr whereas the issue size of the Studds Accessories IPO is up to ₹455.49 Cr. The final issue price of Ardee Engineering IPO is and of Studds Accessories IPO is ₹585.00 per share.

 Ardee Engineering IPOStudds Accessories IPO
Face Value₹5 per share₹5 per share
Issue Price (Lower)₹557.00 per share
Issue Price (Upper)₹585.00 per share
Issue Price (Final)₹585.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size25 shares
Fresh Issue Size56,47,000 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size0 shares77,86,120 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹455.49 Cr
Issue Size Total0 shares77,86,120 shares
Issue Size Total (Amount)up to ₹0.56 Crup to ₹455.49 Cr

IPO Timetable

Ardee Engineering IPO opens on , while Studds Accessories IPO opens on Oct 30, 2025. The closing date of Ardee Engineering IPO and Studds Accessories IPO is , and Nov 03, 2025, respectively.

Financials & KPIs

Ardee Engineering IPO P/E ratio is , as compared to Studds Accessories IPO P/E ratio of 33.06.

 Ardee Engineering IPOStudds Accessories IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets494.99462.16
Total Income289.41622.84
Profit After Tax15.6029.11
NET Worth102.6987.10
Reserves and Surplus83.1067.31
Total Borrowing189.63185.06
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Studds Accessories Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 22% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets586.61556.71485.56461.07
Total Income152.01595.89535.84506.48
Profit After Tax20.2569.6457.2333.15
EBITDA30.26104.8490.1960.05
NET Worth469.77449.48387.41338.02
Reserves and Surplus450.09429.80377.57328.18
Total Borrowing2.912.910.6130.58
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9778.78
Promoter Shareholding (Post-Issue)61.76
P/E Ratio33.06
Market Cap₹2302.17 Cr.
ROE33.33%16.64%
ROCE20.97%20.25%
Debt/Equity1.61-0.07
EPS₹17.70
RoNW33.42%15.49%

Shares Offered

In the Ardee Engineering IPO Retail Individual Investors (RII) are offered while in Studds Accessories IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Ardee Engineering IPO and 15,57,224 shares in Studds Accessories IPO.

 Ardee Engineering IPOStudds Accessories IPO
Anchor Investor Reservation23,35,836 shares
Market Maker Reservation0 shares
QIB15,57,224 shares
NII11,67,918 shares
RII27,25,142 shares
Employee0 shares
Others
Total77,86,120 shares

Bids Received (Subscription)

Ardee Engineering IPO subscribed in total, whereas Studds Accessories IPO subscribed 73.25x.

 Ardee Engineering IPOStudds Accessories IPO
QIB (times)159.99x
NII (times)76.99x
Big NII (times)83.08x
Small NII (times)64.79x
RII (times)22.08x
Employee (times)
Other (times)
Total (times)73.25x

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Ardee Engineering IPO Vs Studds Accessories IPO