Ace Furnaces Ltd IPO
Pre Issue Shares
80,00,000
No. of Shares Issued
27,20,000
Pre Issue Equity Amt.
₹8 Cr
DP Filling Date
September 30, 2026
Ace Furnaces Ltd IPO Timeline
| Event | Date |
|---|---|
| Ace Furnaces Ltd IPO Opening Date | - |
| Ace Furnaces Ltd IPO Closing Date | - |
| Basis of Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Ace Furnaces Ltd IPO Listing Date | - |
Ace Furnaces Ltd IPO Details
| Ace Furnaces Ltd IPO Date | - |
| Ace Furnaces Ltd IPO Face Value | - |
| Ace Furnaces Ltd IPO Price | - |
| Ace Furnaces Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Kailash Vishnu Nasta, Rhea Kailash Nasta, Nitin Jagannath Phirake |
- Strengths
- Risks
- Opportunities
- Strong and Established Customer Relationships Resulting in Repeat Business.
- Comprehensive and Customised Portfolio of Industrial Furnaces and Thermal Processing Solutions.
- Established Track Record in Delivering Customised Industrial Furnaces and End-to-End Project Execution Capabilities.
- Quality-Focused Manufacturing and Inspection Practices.
- Strong Designing and Engineering Capabilities Supported by an Experienced Management Team.
Company Financials
Ace Furnaces Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 27.8 | 88.05 | 5.29 |
| 03-2024 | 21.52 | 81.5 | 3.23 |
| 03-2023 | 28.5 | 80.33 | 1.20 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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
Ace Furnaces Ltd IPO Prospectus
Ace Furnaces Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | - |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Office No 130, 1st Floor LodhaSupremus II, Rd No 22 Wagle Es,Thane-400604
Phone: +91-80976 00759
Email: compliance@acefurnaces.com
Website: www.acefurnaces.com
Ace Furnaces Ltd IPO Registrar
Ace Furnaces Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Private Limited
How to Check the Allotment Status of Ace Furnaces Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Ace Furnaces Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Ace Furnaces Ltd IPO
Ace Furnaces Private Limited was originally incorporated as 'Ace Furnaces Private Limited' as a private limited company, under Companies Act, 1956 vide Certificate of Incorporation dated February 24, 2014 issued by the Registrar of Companies, Mumbai. Subsequently, the Company became a Public Limited dated September 18, 2026 and the name of the Company has changed to Ace Furnaces Limited issued by Central Processing Centre.
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