Sensex
76,765.92 profit arw -69.86 (-0.09%)
Nifty
23,985.35 profit arw -10.60 (-0.04%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Enter a 10 digit mobile number starting with 7, 8, or 9
Captcha verification code, enter the characters shown below

Company Contact Information
Action Construction Equipment Ltd
Registered Office: Dhudhola Link Road, Dhudhola, Palwal - 121102, Haryana
Phone: 91-1275-280111
Email: cs@ace-cranes.com
Website: www.ace-cranes.com
Public issue of 46,00,000 Equity shares of Rs.10/- each issued for cash at a price of Rs.130/- per share aggregating Rs.59.80 Crores (hereinafter referred to as "the issue") including employee reservation of 1,00,000 equity shares of face value Rs.10/- each at a price of Rs.130 for cash aggregating Rs.1.30 Crores and net issue to the public of 45,00,000 equity shares of face value Rs.10/- each at a price of Rs.130 for cash aggregating Rs.58.50 Crores (hereinafter referred to as the "net issue to the public"). The net issue to the public would constitute 25.03% of the fully diluted post issue paid-up capital of the company Issue Price : Rs.130 per Equity Share of Rs. 10/- each The issue price is 13 times of the face value
IPO Details
Issue Money Payable On
Opens On Closes On Application Allotment
01-Sep-2006 07-Sep-2006 ₹ 130.00 ₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Karvy Investor Services Ltd
Project Financed through Current Offer 59.80
Post Issue Equity Share Capital 17.98
Issue Price ₹130.00
Projects
Projects
To Set-up Manu.plant for Loaders,Tower Cranes& Eqp
Expand/Modernize the Existing Capacities/Facilitie
Acquisition / Investments
To set up a Joint Venture
Additional Working Capital requirements
Brand Building Exercise
To Set-up Corporate Office and R&D Centre
Contingencies
Promoted By
Promoted By
Vijay Agarwal
Mona Agarwal
Sorab Agarwal
Listing At
Listing At
BSE
NSE
Registrar to the Issue
Registrar to the Issue
Karvy Computershare Pvt Ltd

INDIAN INDICES

Sensex

76,765.92 -69.86 (-0.09%)

Nifty

23,985.35 -10.60 (-0.04%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

25,310.86 103.67(0.41%)