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Action Construction Equipment Ltd IPO (Action IPO) Detail

September 1, 2006 - September 7, 2006

Action IPO is a book built issue of Rs 59.80 crores.

Action IPO bidding started from September 1, 2006 and ended on September 7, 2006. The shares got listed on BSE, NSE on September 26, 2006.

Action IPO price band is set at ₹110 to ₹130 per share. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹2,600.

Karvy Investor Services Limited and Uti Securities Ltd are the book running lead managers of the Action IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Action IPO RHP for detailed information.

Action IPO Details

IPO Date September 1, 2006 to September 7, 2006
Listing Date September 26, 2006
Face Value ₹10 per share
Price Band ₹110 to ₹130 per share
Lot Size 20 Shares
Total Issue Size4,600,000 shares
(aggregating up to ₹59.80 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue3,377,000
Share holding post issue17,977,000

Action IPO Lot Size

Investors can bid for a minimum of 20 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 20 ₹2,600
Retail (Max) 76 1520 ₹197,600
Lot Size Calculator

Action IPO Promoter Holding

Share Holding Pre Issue 87.56%
Share Holding Post Issue 65.16%

About Action Construction Equipment Ltd

ACE, Action Construction Equipment Limited is the leading mobile crane manufacturing company in India.

ACE Product Range includes Hydraulic Mobile Pick-n-Move Cranes, Loaders Tower cranes, Aerial Work Platforms, Mast Climbing Platforms / Lifts, Lorry Loaders / Truck Mounted Cranes.

ACE has production facilities in Faridabad, which is 45 Kms. from Delhi.

Key Performance Indicator

Action IPO Prospectus

Action IPO Rating

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Action IPO Listing Details

Listing Date September 26, 2006
BSE Script Code 532762
NSE Symbol ACE
ISIN INE731H01025
Final Issue Price ₹130 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹130.00
₹200.00
₹185.45
₹210.85
₹193.45
NSE
₹130.00
₹180.00
₹180.00
₹210.90
₹193.65

Check IPO Performance…

Action Construction Equipment Ltd Contact Details

Action Construction Equipment Ltd
Action Construction Limited,
II Floor, Plot No.7, H-Block,
Sarita Vihar, New Delhi - 110 044
Phone: +91-11-2695-3623
Email: finance@ace-cranes.com
Website: http://www.ace-cranes.com

Action IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email:
Website: https://kosmic.kfintech.com/ipostatus/

Action IPO - Buy or Not

Action IPO Recommendation Summary

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Action IPO FAQs

Action IPO is a main-board IPO of 4,600,000 equity shares of the face value of ₹10 aggregating up to ₹59.80 Crores. The issue is priced at ₹110 to ₹130 per share. The minimum order quantity is 20 Shares.

The IPO opens on September 1, 2006, and closes on September 7, 2006.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Action IPO opens on September 1, 2006 and closes on September 7, 2006.

Action IPO lot size is 20 Shares, and the minimum amount required is ₹2,600.

You can apply in Action IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Action IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Action IPO allotment status.

The Action IPO listing date is on September 26, 2006.
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Action IPO Message Board

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20 Comments

20. Dhananjay |   Link |  Bookmark |September 26, 2006 6:50:42 AM
ACE listing on Tuesday 26/09/2006
19. JD |   Link |  Bookmark |September 26, 2006 5:54:27 AM
when the ACE IPO is scheduled for market listing? what is likly price at which it may open?
18. sameer |   Link |  Bookmark |September 25, 2006 10:41:59 PM
action should get good listing price....all the best
17. gopal, sv |   Link |  Bookmark |September 23, 2006 10:21:38 AM
Thanks for the service about IPO allotments. I got allotment of 50 shares of ACE.
16. munish |   Link |  Bookmark |September 23, 2006 6:17:52 AM
I applied fro 350 shares and allotment is NIL !!! I don't believe it
15. Anant kumar Mundhra |   Link |  Bookmark |September 22, 2006 5:38:44 AM
1750169
14. Amit Kumar |   Link |  Bookmark |September 21, 2006 10:31:29 PM
What is the listing date of ACE IPO at BSE/NSE?
13. Dhananjay |   Link |  Bookmark |September 21, 2006 5:59:09 AM
*****Allotment Update*****

Action Construction IPO Allotment should be available around 8:00 PM IST today.

*****Allotment Update*****
12. sarva |   Link |  Bookmark |September 21, 2006 4:36:19 AM
somebody has mentioned that the allotment would be known by 11 a.m. has it been announced or not. the link at this site says coming shortly.
11. Mam |   Link |  Bookmark |September 21, 2006 4:15:06 AM
When we get the ACE IPO Allotment details
10. p. joseph |   Link |  Bookmark |September 20, 2006 10:13:20 PM
Detailed analysis/comments on FIEM INDUSTRIES IPO opens tomorrow (21 sept) may be given
9. kris |   Link |  Bookmark |September 20, 2006 9:39:47 AM
Tomorrow Afternoon i.e. on 20th Afternoon 11:00 IPO Allocatment for ACE and Atlanta is scheduled. You can check after 11 AM anytime.
8. Deep |   Link |  Bookmark |September 20, 2006 8:49:23 AM
Guys...Action IPO allotment should be available anytime today...gear up for it
7. Sridhar |   Link |  Bookmark |September 20, 2006 7:21:06 AM
I applied 750 shares at 130/-
What are my chances getting allocation?
When the money will get refunded?

Thx
Sridhar Kumar K
6. J L RASTOGI |   Link |  Bookmark |September 18, 2006 9:42:57 AM
PL TELL WHEN ACE IPO ALLOTMENT WILL BE AVAILABLE ON YOUR WEB WHATE WILL BE EXPECTED LISTING PRICE. IS THERE ANY GAIN TO SMALL INVESTER OR NOT .
5. J L RASTOGI |   Link |  Bookmark |September 18, 2006 9:41:39 AM
PL TELL WHEN ACE IPO ALLOTMENT WILL BE AVAILABLE ON YOUR WEB WHATE WILL BE EXPECTED LISTING PRICE. IS THERE ANY GAIN TO SMALL INVESTER OR NOT .
4. y venkateswarlu |   Link |  Bookmark |September 17, 2006 9:04:41 PM
when is the ACE ipo allotment?
I appiled 350 shares. what are my chances?
3. Abhi |   Link |  Bookmark |September 16, 2006 6:53:21 AM
When is the ACE IPO allotment expected?

What would be price on listing?

I applied 750 shares, what are my chances?
2. Deepak Garg |   Link |  Bookmark |September 15, 2006 5:15:00 AM
Pl. update regarding good IPOS
1. Dhananjay |   Link |  Bookmark |September 8, 2006 7:19:02 AM
ACE subscription 33.24 times as of 7PM today.