ACS Technologies Ltd (Merged) - IPO

ACS Technologies Ltd (Merged) IPO Details

Public Issue of upto 55,00,000 equity shares of Rs.10 each (equity shares) of ACS Technologies Limited (acs or the company) for cash at a price of Rs.(*) per share (the issue price), aggregating to Rs.(*) Crores (the issue), of which upto 3,00,000 equity shares of Rs.10 each will be reserved for subscription by market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e., issue of upto 52,00,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute upto 40.17% and upto 37.97%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs.10 each. The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Meeting for Working Capital Requirement. Capex for Digital Signage & Setting up of PCB Manufacturing unit in Telangana for Smart Technologies Business Vertical. General Corporate Purposes.

ACS Technologies Ltd (Merged) Contact Details

ACS Technologies Ltd (Merged), Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@acstechnologies.co.in

Website - www.acstechnologies.co.in