| 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 : 50.0 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 |
|---|
| 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 |
|---|
