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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

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 : 50 Further Multiples of : 50
	(₹)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
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
Vijay Agarwal
Mona Agarwal
Sorab Agarwal

Listing At
BSE
NSE

Registrar to the Issue
Karvy Computershare Pvt Ltd

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