| Ace Furnaces Ltd |
|---|
| Registered Office: Office No 130, 1st Floor Lodha, Supremus II, Rd No 22 Wagle Es, Thane - 400604, Maharashtra |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| 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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 01-Jan-1970 | 01-Jan-1970 | 0.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 0.00 |
| Project Financed through Current Offer | 0.00 |
| Post Issue Equity Share Capital | 0.00 |
| Issue Price | 0.00 |
| 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 |
| BSE - SME |
| Registrar to the Issue |
|---|
| Purva Sharegistry (I) Pvt Ltd |



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