Hamburger

Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Ace Furnaces Ltd
Registered Office: Office No 130, 1st Floor Lodha, Supremus II, Rd No 22 Wagle Es, Thane - 400604, Maharashtra
Phone: 1
Email:
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
Attention Investor

As per CDSL communiqué, kindly update your Email ID, Mobile Number and Income Range in your CDSL Demat Account on or before 31st May 2021. Non-compliant accounts will become inactive after 31st May 2021.  |  Prevent unauthorized transactions in your Demat account by updating your registered mobile number with your Depository Participant. Receive alerts for all debit and other important transactions directly from CDSL.  |  No need to issue cheques while subscribing to an IPO. Simply authorize your bank account in the application form.  |  KYC is a one-time process. Once completed through a SEBI-registered intermediary, you do not need to repeat it with another intermediary.  |  Update your mobile number and email ID with your stock broker to receive transaction alerts directly from the Exchange.