IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Ace Furnaces Ltd

Registered Office : Office No 130, 1st Floor Lodha,Supremus II, Rd No 22 Wagle Es,Thane Maharashtra 400604 Phone : +91-80976 00759
Fax :

Email : compliance@acefurnaces.com

Website : www.acefurnaces.com

Initial public offer of upto 27,20,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of ACE Furnaces Limited ("The Company" or "The Issuer") at an offer price of Rs. [*] per equity share (including share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] Crores ("Public Offer") comprising of a fresh issue of 21,80,000 equity shares aggregating to Rs. [*] Crores (the "Fresh Issue") and an offer for sale of upto 5,40,000 equity shares by the promoter selling shareholders ("Offer For Sale") aggregating to Rs. [*] Crores comprising; upto 2,70,000 equity shares aggregating up to Rs. [*] Crores by Kailash Vishnu Nasta, upto 2,16,000 equity shares by Rhea Kailash Nasta aggregating up to Rs. [*] Crores by, upto 54,000 equity shares aggregating up to Rs. [*] Crores By Nitin Jagannath Phirake (refferd as "Promoter Selling Shareholders"), out of which [*] equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of [*] equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*]% and [*]% respectively of the post- offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company .

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Beeline Capital Advisors Private Limited

Projects

Funding long-term working capital requirement of the Company

Re-payment or pre-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company.

General Corporate Purposes

Promoted By

Kailash Vishnu Nasta

Rhea Kailash Nasta

Nitin Jagannath Phirake

Listing At

BSE - SME

Registrar to the Issue

Purva Sharegistry (I) Pvt Ltd