| Action Construction Equipment Ltd |
|---|
| Registered Office: Dhudhola Link Road,Dhudhola,Palwal-121102, Haryana |
| Tel. No: 91-1275-280111 |
| Fax No: 91-1275-280133 |
| 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 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 50 | Further Multiples of :50 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Karvy Investor Services Ltd |
| Project Financed through Current Offer | 59.80 | UTI Securities Ltd |
| Post Issue Equity Share Capital | 17.98 | |
| Issue Price | 130.00 |
| Projects |
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| 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 |
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| Vijay Agarwal |
| Mona Agarwal |
| Sorab Agarwal |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
|---|