247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Action Construction Equipment Limited IPO (Action Construction Equipment IPO) Details

Action Construction Equipment Limited is an Engineering - Heavy Machinery based company, located in New Delhi, Action Construction Equipment Limited IPO size was 59.80 Cr. and was issued at 130.00 per share. The share of Action Construction Equipment Limited were listed at 193.45 per share and are currently trading at 1321.35 per share.

Type :
Sub Sector : Construction Equipments Manufacturing
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
225.20 Cr.

PAT :
15.80 Cr.

Pricing Report

Issue Price :
130.00

Listing Price :
193.45

Current Market Price :
1321.35

Issue Price vs CMP :
1191.35 (916.42%)

listing Price vs CMP :
1127.9 (583.04%)

Performance Report (CAGR* wise)

CAGR : 13.48
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Action Construction Equipment

Company Information
The Company is the leading mobile cranes, tower cranes and construction equipment manufacturer in the country. It designs, manufactures, sells and provides product support of the equipment as mentioned under: a) Hydraulic Mobile Cranes b) Mobile Tower Cranes c) Tower Cranes in tie-up with Zoomlion-China d) Loaders & Backhoe Loaders e) Lorry Loader Cranes in tie-up with PM-Italy f) Mast Climbing Platform and Construction Elevators in tie-up with Maber-Italy g) Aerial Access Platforms in tie-up with Tigiefee SRL-Italy The Company has been awarded ISO:9001 certification by CVI (Conformity Verification International) and its products have better functional parameters, are cost effective and come along with the best in the line product support through its countrywide sales and service network. The company
Object of Issue
  • To set up a new manufacturing plant for Loaders, higher capacity Tower Cranes and Construction Equipment
  • Expand/Modernize the existing capacities/facilities
  • Acquisition/ Investments
  • To set up a Joint Venture
  • Providing additional working Capital
  • Brand Building Excercise
  • To set up Corporate Office and R & D Centre
  • Meet the Issue Expenses

Action Construction Equipment MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2006
IPO Size :
59.80 Cr.
PE Multiple :
11.02
Merchant Banker :
Karvy Investor Services Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Action Construction Equipment operates in Engineering - Heavy Machinery and Construction Equipments Manufacturing . The Issue is listed on MainBoard in Sep, 2006. Action Construction Equipment IPO size was 59.80 Cr. with Issue price of 130.00 .

Merchant Banker(s) of Action Construction Equipment IPO: Karvy Investor Services Limited , Uti Securities Limited

Action Construction Equipment IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Action Construction Equipment IPO listed at a listing price of 193.45 against the offer price of 130.00.

The current market price of Action Construction Equipment is 1321.35.

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