Exchanges
BSE, NSE
Issue
Book building

Action Construction Equipment IPO

₹193.65

+48.96% on listing

Listing-day close · NSE · 26 Sep 2006 · issue price ₹130

Action Construction Equipment’s ₹59.80 crore IPO was priced at ₹130 a share. It listed on the NSE on 26 Sep 2006 and closed its first day at ₹193.65, up 48.96% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Listing

Issue details

Issue size
₹59.80 Cr
Fresh issue
₹59.80 Cr
Offer for sale
—
Lot size
20 shares
Minimum investment
₹2,600
Face value
₹10
Registrar
Kfin Technologies

Subscription

Action Construction Equipment IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—33.46×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹234 Cr
P/E (post-issue)
7.5
EPS (post-issue)
₹17.32
Promoter holding
87.56% → 65.16%

From the offer documents.

Listing

Listing date
26 Sep 2006
Issue price
₹130
Open
₹180.00
High
₹210.90
Low
₹180.00
Close
₹193.65

Listing day on the NSE. The close was +48.96% on the issue price.

ACE share price today

FAQs

When did the Action Construction Equipment IPO open and close?

It opened on 1 Sep 2006 and closed on 7 Sep 2006.

What was the Action Construction Equipment IPO price?

The price band was ₹110–130 a share. The final issue price was ₹130.

What is the lot size and minimum investment?

One lot is 20 shares, ₹2,600 at ₹130 a share. Retail investors apply in whole lots.

How much did Action Construction Equipment raise?

₹59.80 crore: ₹59.80 crore of new shares.

How many times was the Action Construction Equipment IPO subscribed?

33.46 times overall.

How did Action Construction Equipment list?

It listed on the NSE on 26 Sep 2006 at ₹180.00 and closed the day at ₹193.65, up 48.96% on the ₹130 issue price.

Who is the registrar of the Action Construction Equipment IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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